Endless Potential on nearly 5 Acres: Commercial-Grade Building plus Private Apartment and Stocked Pond! Discover a rare and versatile property offering the perfect blend of commercial utility, residential comfort, and outdoor serenity. At the heart of the property is a massive 45x72 building, featuring over 2,400 sq ft of premium commercial space. This main facility is fully equipped for business, hobbies, or storage, boasting 2-phase power, a convenient half bath, and a powerful 5-ton AC cooling system powered by dual units. Attached yet private, you will find an apartment with separate HVAC, perfect for an owner-operator or rental income. Enjoy the beautifully fenced pond stocked with bluegill and catfish. Additional highlights include an RV 30-amp hookup with a concrete pad, several mulberry trees, artesian well and municipal sewer. Whether you are looking to launch a business, establish a homestead or secure a unique live-work investment, this property delivers it all.
Lot/land
$239,900
5550 E Carleton Rd, Palmyra, MI 49268
--beds
--baths
4.92Acres
Land
Built in ----
4.92 Acres Lot
$166,700 Zestimate®
$--/sqft
$-- HOA
What's special
- 21 hours
- 30
- 1
Zillow last checked:
Listing updated:
Listed by:
Jeffrey Rising 517-605-1286,
Cornerstone Real Estate 734-316-5886
Source: Realcomp II,MLS#: 81026046661
Facts & features
Property
Features
- Has view: Yes
- View description: Water
- Has water view: Yes
- Water view: Water
- Waterfront features: Pond, Water Access Rights
- Body of water: Private Pond
Lot
- Size: 4.92 Acres
- Dimensions: 982 x 349 x 399
Details
- Additional structures: Pole Barn
- Parcel number: PA0116455000 & PA0116460000
Utilities & green energy
- Sewer: Public Sewer
- Water: Well
- Utilities for property: Electricity Connected, Natural Gas Connected
Community & HOA
Location
- Region: Palmyra
Financial & listing details
- Tax assessed value: $64,448
- Annual tax amount: $3,331
- Date on market: 9/2/2026
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional
Estimated market value
$166,700
$128,000 - $205,000
$1,243/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/2/2026 | Price change | $239,900+2.5% |
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| 7/15/2024 | Price change | $234,000-0.4% |
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| 6/20/2024 | Listed for sale | $234,900 |
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| 5/22/2024 | Pending sale | $234,900 |
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| 5/14/2024 | Contingent | $234,900 |
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| 5/13/2024 | Price change | $234,900-2.1% |
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| 4/25/2024 | Price change | $239,900-4% |
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| 11/3/2023 | Listed for sale | $249,900 |
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| 10/17/2023 | Listing removed | -- |
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| 9/9/2023 | Price change | $249,900-3.8% |
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| 7/18/2023 | Price change | $259,900-0.8% |
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| 6/8/2023 | Price change | $262,000-6.4% |
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| 5/19/2023 | Listed for sale | $279,900 |
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Public tax history
Tax history is unavailable.








