58250 North Avenue
Ray, MI 48096
Land · MLS # 58050193640 · Listing courtesy of Pilot Property Group - Residential LLC
About this home
High-Visibility Industrial Land Opportunity Exceptional exposure with approximately 475 ft of frontage along North Avenue. This industrial-zoned (I-1) vacant land offers an excellent opportunity to develop your future business. Previously designed for mini storage with outdoor RV storage and multiple industrial buildings, the site provides tremendous flexibility for a wide range of industrial and commercial uses. A prime location with strong visibility and versatile zoning - ideal for your next development project.
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 $545,000, and has been on the market 334 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 $4,366 a year. A buyer who lives here would pay about $8,345 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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