Sold for $240,000 on 05/06/25
$240,000
0 Ridge Rd, Richmond, MI 48062
--beds
--baths
10.19Acres
Unimproved Land
Built in ----
10.19 Acres Lot
$-- Zestimate®
$--/sqft
$-- Estimated rent
Home value
Not available
Estimated sales range
Not available
Not available
Zestimate® history
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Owner options
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What's special
Unlock the potential of this uniquely located 10-acre parcel situated within the city limits of desirable Richmond—zoned for multi-family and assisted living development. This rare offering sits on a paved road w municipal water/sewer readily available. A true standout feature: Property is buffered on western edge by the scenic Macomb Orchard Trail, offering built-in recreation for future residents—an amenity ideal for both apartment dwellers & assisted living communities. Even more compelling, site is located within Richmond’s Tax Increment Financing (TIF) District, presenting a powerful opportunity for long-term tax recapture & enhanced project feasibility. Whether you envision modern apartments or a senior living facility, this site delivers location, infrastructure & economic incentive—a trifecta for developers seeking lasting value. Contact us today to explore TIF incentives and development possibilities!
Zillow last checked: 8 hours ago
Listing updated: May 06, 2025 at 12:51pm
Listed by:
Joan Schinderle-King 586-383-9975,
Realty Executives Home Towne Chesterfield
Bought with:
Joan Schinderle-King, 6501292224
Realty Executives Home Towne Chesterfield
Source: MiRealSource,MLS#: 50173762
Originating MLS: MiRealSource
Facts & features
Property
Features
- Frontage type: Road
- Frontage length: 97
Lot
- Size: 10.19 Acres
- Features: Deep Lot - 150+ Ft.
Details
- Parcel number: 50070335326011
- Zoning description: Multi-Family
- Special conditions: Private
Utilities & green energy
- Gas: Natural Gas
- Sewer: Public At Street
- Water: Public Water at Street
- Utilities for property: Electricity Available, Sewer Available
Community & neighborhood
Location
- Region: Richmond
Other
Other facts
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 5/6/2025 | Sold | $240,000 |
Source: | ||
Public tax history
Tax history is unavailable.
Neighborhood: 48062
Nearby schools
GreatSchools rating
- 5/10Richmond Middle SchoolGrades: 4-8Distance: 0.6 mi
- 5/10Richmond Community High SchoolGrades: 9-12Distance: 0.5 mi
- 8/10Will L. Lee SchoolGrades: PK-3Distance: 0.7 mi
Schools provided by the listing agent
- District: Richmond Community Schools
Source: MiRealSource. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
