10000 Gratiot Avenue
Richmond, MI 48063
Unimproved Land · MLS # 20240046330 · Listing courtesy of Keller Williams Paint Creek
About this home
Premier four-acre development site located at the southwest corner of Gratiot and Pound Road, situated just north of Division Road and the Macomb County border. This prime location offers dual main road frontage with access to both Pound Road and Gratiot, providing excellent visibility for business development. The property is ideally positioned within one minute of downtown Richmond, offering easy access to local schools, shopping, restaurants, and bus lines. Given its strategic location and the current population growth in the region, this site presents a significant opportunity for a luxury residential estate or a commercial venture via a zoning variance. Please let me know if you would like to schedule a time to discuss this property further or if you require any additional information.
Systems and utilities
Exterior and lot
Taxes, HOA and more
Schools
How it compares in Richmond
Over the last 90 days, 27 homes sold in Richmond for a median of $262,500, about $200 per square foot, and the typical one went under contract in 6 days. This home is listed at $149,999, and has been on the market 837 days. Size, condition, updates and the exact street all move the number, so treat this as context. See recent Richmond sales or ask us for the comparable sales on this one.
Property taxes for a new owner
The current owner pays about $937 a year. A buyer who lives here would pay about $3,990 a year once the taxable value resets after the sale, at the 2025 homestead rate of 39.90 mills for Richmond City and Richmond 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 Richmond
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