00000 32 Mile Road
Ray, MI 48096
Land · MLS # 58050197937 · Listing courtesy of RE/MAX First
About this home
An outstanding opportunity for investors, developers, or those seeking a strategic land hold in a growing area of Macomb County. Acquire 52.47 acres of prime land in Ray Township. This exceptional parcel offers excellent visibility, access, and long-term development potential. The seller is open to a land contract with up to 32 months, and terms are negotiable, offering flexibility for qualified buyers. The property is currently leased for farming thru the 2026 farming season. R1 2.06 acres min. lot size.
Systems and utilities
Exterior and lot
Taxes, HOA and more
Schools
How it compares in Ray
Over the last 90 days, 12 homes sold in Ray for a median of $410,500, about $210 per square foot, and the typical one went under contract in 40 days. This home is listed at $1,575,777, and has been on the market 281 days. Size, condition, updates and the exact street all move the number, so treat this as context. See recent Ray sales or ask us for the comparable sales on this one.
Property taxes for a new owner
The current owner pays about $2,291 a year. A buyer who lives here would pay about $3,229 to $24,127 a year once the taxable value resets after the sale, at the 2025 homestead rate of 30.32 mills for Ray Twp and Armada schools, plus the 1% administration fee. Michigan resets a home's taxable value the year after it sells, so the seller's bill isn't a good number to budget with. See the math.
Monthly payment estimate
Estimate only, 30 year fixed, includes taxes at a new owner's rate when listed. Ask us for a lender quote.
Location
Similar homes in Ray
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