000 26 Mile Road $1,950,000

    Close

    000 26 Mile Road Ray, MI 48096

    • 29.85 Acres
    • Land
    • MLS# 40091618
    Favorite Share
    Views: 321 Days On Site: 1550

    Go Tour This Listing

    Schedule A Showing

    Property Details

    GREAT Land Development perfect for a Builder who is looking to Develop & Build Homes that are Districted Utica Schools!! INVESTMENT OPPORTUNITY, 29.85 ACRES, APPROX. 341' OF FRONTAGE, ZONED B2 AND RM. 4 Splits available, NEAR KROGER, CHASE, AND JETS PIZZA, IDEAL DEVELOPMENT PARCEL ON 26 MILE, PROXIMITY TO 26 MILE, PARCEL A ON SURVEY. Homes in Villagio sub across the street are starting in the low $700's!! Property is zoned Commercial in the front and multifamily in the back . The zoning was done so it can be changed to support a sale. Ray Twp has the lowest taxes and will be the hottest place to build!! Great Schools & Low Taxes will a high average household income!! Seller is motivated and will consider LC Terms for the right offer.

    • General Features
      • Style Vacant Land
      • Acreage 29.85
      • Area Municipality Ray Twp (50005)
      • County Macomb
      • Originating MLS RealComp
      • Ownership Private
      • Waterfront Y/N No
      • ZONING Commercial,Residential
    • Property Features
      • Lot Size 341X2436X568X2049
      • Roads Paved Street
      • LOT DESCRIPTION Splits Available
      • Water Other-See Remarks
    • Schools
      • School District Utica Community Schools

    Neighborhood

    48096 (Ray) Demographics

    50 Median Age
    110 Population Density (per sq. mile)
    39% College Educated
    $92,366 Estimated Median Income
    1,436 Estimated Total Home Owners
    325 Estimated Total Renters
    82% / 18% Estimated Owner / Renter Divide
    2 Estimated Average Household Size
    4,022 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $470,000 Median Sales Price
    1 Homes Sold
    3 New On Market

    Average Days on Site

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source: Multiple Listing Service New Value: $1,950,000
        8/17/2020 4:09:00 PM New in Database Source: Multiple Listing Service New Value: $1,950,000

        Payment Calculator

        $0 per month
        Year Fixed, Interest
        Principal and Interest
        $0
        Property Taxes
        Homeowners' Insurance

        Home Price
        Down Payment
        * This payment calculator is intended for educational and planning purposes only.
        ** Assumes 6.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.
        Information is provided in part by the IDX program of the Great Lakes Repository. All information provided is deemed reliable but is not guaranteed and should be independently verified.

        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.