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.
Property Details
Property Features
Listing Office:
Office Name: Nexus Real Estate LLC
Office Phone: (586) 930-0306
Listing Agent: Kim Pizzo Smigielski
Lot Features
Lot Information:
Lot: Split Possible
Lot Size: 29.85 Acres
Other
Directions Information:
Directions: North of 26 Mile, West of Romeo Plank
Price Information
Listing Price Info
Price Summary:
List Price: $1,950,000
What can I afford?
Understand what home price range makes sense for your budget.
This property is $1.5M more than the Median Sold Price in Ray, MI.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: Realcomp II Ltd
MLS Number: #2200066230
Listing Office:
Office Name: Nexus Real Estate LLC
Office Phone: (586) 930-0306
Listing Agent: Kim Pizzo Smigielski
Disclaimer: The data relating to real estate on this web site comes in part from the IDX of Realcomp II Ltd. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited.
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$9,800
Per Month
Principal & Interest
$9,733
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$5,913
Powered By
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
7
/10
Richard J. Duncan Elementary School
14500 26 Mile Rd
Distance between this listing and this school0.51 miles
Public District Grades PK-6
7
/10
Beck Centennial Elementary School
54600 Hayes Rd
Distance between this listing and this school1.26 miles
Public District Grades PK-6
6
/10
Beacon Tree Elementary School
55885 Schoenherr Rd
Distance between this listing and this school1.43 miles
Public District Grades PK-6
Nearby Schools
6
/10
Shelby Junior High School
51700 Van Dyke Ave
Distance between this listing and this school3.96 miles
Public District Grades 7-8
7
/10
Malow Junior High School
6400 25 Mile Rd
Distance between this listing and this school4.05 miles
Public District Grades 7-8
6
/10
Endeavour Elementary and Middle School
22505 26 Mile Rd
Distance between this listing and this school4.46 miles
Public District Grades KG-8
Nearby Schools
7
/10
Romeo High School
62300 Jewell Rd
Distance between this listing and this school3.20 miles
Public District Grades 9-12
9
/10
Eisenhower High School
6500 25 Mile Rd
Distance between this listing and this school3.90 miles
Public District Grades 10-12
7
/10
Dakota High School
21051 21 Mile Rd
Distance between this listing and this school5.99 miles
The neighbors living near this home have an average income of $72,688. Residents of Ray, MI typically earn between $35k-100k each year. The most common type of family is married, no kids. The majority of residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 000 26 Mile Rd E
What is the listing price of this property?
The listing price of 000 26 Mile Rd E property is $1,950,000.
What type of property is this?
The property 000 26 Mile Rd E is land located in Ray, Michigan, 48096.
Is this property for sale now?
Active Listing: 000 26 Mile Rd E is For Sale (Active/New) which means the seller is accepting offers.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 000 26 Mile Rd E in Ray, MI and zip code 48096. This home sits on a 29.85 acre lot. It has been listed on Rocket Homes since November 29, 2022 and is currently priced at $1,950,000.
While more than 0 listings in Ray, MI in October 2024 were sold above asking price, there were more than 1 listings sold at asking price, and more than 0 were sold below. In October 2024, listings were on the market for 72 days. During the same period, the median list price in this real estate market was $405,000.
From Rocket Homes Real Estate and based on county public records data.
Disclaimer: The data relating to real estate on this web site comes in part from the IDX of Realcomp II Ltd. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. 
Hunting
Hunting
Figure Skating
NASCAR
Dick's Sporting Goods
Dillards
Wal-Mart
Texas Roadhouse
Cracker Barrel
Hardee's
Subaru
Cadillac
Ram
New Country
News/Talk/Information
Classic Country