For Sale188d on market
000-26 Mile Rd
Ray, MI, 48096 • 48096 • Macomb County
$1,950,000
29.9 acLot
Market activity
Demand and pricing signals for this listing
110 views
People checking out this listing
2 saves
Buyers have saved this home
188 days on market
Established listing
About this home
Lot
Motivated seller! Prime 29.85-acre development parcel located on 26 Mile Rd with approx. 341’ frontage. Zoned B-2 (Commercial) in the front and RM (Multifamily) in the rear, offering flexibility for mixed-use or residential development. Up to 4 splits available. Located within desirable Utica Community Schools district and surrounded by strong residential growth, including Villagio subdivision across the street with homes starting in the $900s. Convenient proximity to major retailers including Kroger, Chase, and dining. Sewer not available; municipal water through Washington Twp may be possible (buyer to verify). Ray Twp offers VERY LOW TAXES and strong income demographics. Seller will consider Land Contract terms for qualified buyers. Great investment/development opportunity!
Estimated monthly payment
Based on current rates
$12,718/month
Principal & Interest$10,118
Property Tax$1,950
Insurance$650
Down payment20% ($390,000)
3%50%
Est. 6.75% rate · 30yr fixed · $1,560,000 loan
Full calculator →At a glance
Key facts and listing details
Property
Home typeLot
Sub-typeLand
Systems
Water / SewerOther / Unknown
Parking & Outdoor
Lot29.85 Acres
Location & Tax
Neighborhood48096
Annual tax$5,896
Parcel0531400023
Features & details
1 category of property features
Exterior Features
Lot Features
Splits Available
Listing insights
Market data and value estimates
StatusFor Sale
Days on market188
Tax rate1.32%
On marketSep 30, 2025
PostedOct 1, 2025
MLS updatedMar 30, 2026
Tour days6
Views110
Favorites2
How are the schools in Ray?
3 schools rated nearby
Location
Ray, MI, 48096
Price history
1 event
DateEventPrice$/sqftSource
Sep 30, 2025Listed For Sale$1,950,000—Realcomp II
Listed For Sale$1,950,000
Sep 30, 2025•Realcomp II
Nearby homes
Neighborhood details
Local context around this listing
Ray, MI • Macomb County
Nearby cities
ChesterfieldClinton TownshipEastpointeMacombRosevilleSaint Clair ShoresShelby TownshipSterling Heights
Nearby zip codes
48096
Similar homes
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