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Palmyra, MI

Palmyra, MI Commercial Real Estate for Sale

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Blissfield, MI Adrian, MI Britton, MI Jasper, MI Tecumseh, MI Lima, OH Weston, MI Sand Creek, MI

Mixed-Use Property with Private Apartment

Updated: Jun 9

Mixed-Use Property with Private Apartment

5550 E Carleton Road, Palmyra, MI 49268

$239,900

3,240 sqft 4.92 AC lot

4.92 acres with a 3,240‑square‑foot mixed‑use property
45x72 building with over 2,400 sq ft of commercial space
Attached apartment with separate HVAC system
2‑phase power, half bath, and 5‑ton AC with dual units
Fenced pond stocked with bluegill and catfish

Mixed-Use Property with Pond

Updated: Sep 2

Mixed-Use Property with Pond

5550 E Carleton Road, Palmyra, MI 49268

$239,900

4.92 AC lot

4.92‑acre mixed‑use property with commercial building and apartment
45x72 building with over 2,400 sq ft of commercial space
2‑phase power and dual‑unit 5‑ton AC system
Attached apartment with separate HVAC
Fenced pond stocked with bluegill and catfish

Mixed-Use Commercial Building

Mixed-Use Commercial Building

6326 Us Highway 223, Palmyra, MI 49268

$245,000

2.29 AC lot

The property occupies two lots and is currently used by the local fire department.

See what stands out in Lenawee County

We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

We check every listing here. A few are worth a second look.

Cap Rate available after sign in

NOI available after sign in

Local Demand available after sign in

Based on your search, we've compiled 54 Potential Opportunities for your consideration. Besides 3 Active listings in Palmyra, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 47 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Income-Producing Office Building

Income-Producing Office Building

8651 E Us Highway 223, Blissfield, MI 49228

$200,000

0.78 AC lot

Seven-office configuration includes reception, waiting, and conference areas across two finished levels.

Freestanding Storefront Building

Freestanding Storefront Building

2400 E Us Highway 223, Adrian, MI 49221

$495,000

1.34 AC lot

Commercial building offering more than 8,500 square feet on an expansive parcel.

Heated Pole Barn Flex Property

Heated Pole Barn Flex Property

8302 E Us Highway 223, Blissfield, MI 49228

$299,900

4.00 AC lot

Corner parcel with heated pole barn, workshop, office space, and a concrete pad for future expansion.

Storefront Commercial Building

Storefront Commercial Building

2400 E US-223 Highway, Adrian, MI 49221

$495,000

8,580 sqft 1.34 AC lot

Commercial building with central air, radiant heat, and public water service.

Off-Market Properties in Palmyra, MI

Consider similar Off-Market properties in Palmyra, MI. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

6380 Palmyra Rd

COMMERCIAL (GENERAL)

6380 Palmyra Rd, Palmyra, MI 49268-9796

Estimated value:

$100,000

1,196 sqft 0.09 AC lot

7000 Driggs Rd, Unit BLK

INDUSTRIAL - VACANT LAND

7000 Driggs Rd, Palmyra, MI 49268-9738

Unit BLK

Estimated value:

by Request

0.45 AC lot

6240 Us Hwy 223

COMMERCIAL (GENERAL)

6240 Us Hwy 223, Palmyra, MI 49268-9752

Estimated value:

$150,000

82,488 sqft 14.86 AC lot

6000 Us Hwy 223blk

VACANT COMMERCIAL LAND

6000 Us Hwy 223blk, Palmyra, MI 49268-9783

Estimated value:

by Request

0.18 AC lot

5310 Us Hwy 223

VACANT COMMERCIAL LAND

5310 Us Hwy 223, Palmyra, MI 49268-9749

Estimated value:

by Request

0.69 AC lot

4266 Us Hwy 223

COMMERCIAL (GENERAL)

4266 Us Hwy 223, Palmyra, MI 49268-9747

Estimated value:

by Request

8.73 AC lot

6490 Palmyra Rd

VACANT COMMERCIAL LAND

6490 Palmyra Rd, Palmyra, MI 49268-9789

Estimated value:

by Request

5.09 AC lot

6384 Us Hwy 223

COMMERCIAL (GENERAL)

6384 Us Hwy 223, Palmyra, MI 49268-9752

Estimated value:

$80,000

1,943 sqft 0.31 AC lot

6306 Us Hwy 223

INDUSTRIAL - VACANT LAND

6306 Us Hwy 223, Palmyra, MI 49268-9752

Estimated value:

by Request

1.79 AC lot

6399 Lenawee St

COMMERCIAL (GENERAL)

6399 Lenawee St, Palmyra, MI 49268-8704

Estimated value:

$65,000

1,986 sqft 0.18 AC lot

6165 Us Hwy 223

COMMERCIAL (GENERAL)

6165 Us Hwy 223, Palmyra, MI 49268-9788

Estimated value:

$35,000

1,000 sqft 0.48 AC lot

4172 Rouget Rd

COMMERCIAL (GENERAL)

4172 Rouget Rd, Palmyra, MI 49268-8701

Estimated value:

$60,000

1,836 sqft 0.27 AC lot

6326 Us Hwy 223

COMMERCIAL (GENERAL)

6326 Us Hwy 223, Palmyra, MI 49268-9752

Estimated value:

by Request

0.50 AC lot

5550 Carleton Rd

Mixed-use properties

5550 Carleton Rd, Palmyra, MI 49268

Estimated value:

by Request

3,240 sqft 5.91 AC lot

5310 Us Hwy 223

COMMERCIAL (GENERAL)

5310 Us Hwy 223, Palmyra, MI 49268-9749

Estimated value:

$155,000

5,076 sqft 2.00 AC lot

6415 Us Hwy 223

VACANT COMMERCIAL LAND

6415 Us Hwy 223, Palmyra, MI 49268-9752

Estimated value:

by Request

0.05 AC lot

5306 Us Hwy 223

COMMERCIAL (GENERAL)

5306 Us Hwy 223, Palmyra, MI 49268-9749

Estimated value:

$530,000

7,240 sqft 3.86 AC lot

6326 Us Hwy 223

VACANT COMMERCIAL LAND

6326 Us Hwy 223, Palmyra, MI 49268-9752

Estimated value:

by Request

3.27 AC lot

6326 Us Hwy 223

VACANT COMMERCIAL LAND

6326 Us Hwy 223, Palmyra, MI 49268-9752

Estimated value:

by Request

3.00 AC lot

4320 Robb Hwy

INDUSTRIAL - VACANT LAND

4320 Robb Hwy, Palmyra, MI 49268-9753

Estimated value:

by Request

0.37 AC lot

6422 Palmyra Rd

COMMERCIAL (GENERAL)

6422 Palmyra Rd, Palmyra, MI 49268-9789

Estimated value:

$150,000

4,514 sqft 0.59 AC lot

Palmyra, MI Commercial Real Estate Market Trends and Statistics

Explore 50 commercial real estate for sale in Palmyra, MI, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 3,240 square feet of properties for sale, with an estimated market value of $724,800.

Sale prices for business properties in Palmyra, MI start at $239,900, averaging $241,600, and reaching up to $245,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 1,026

Population Growth (5Y) -15.4%

Median Household Income $87,250

College Educated 24.9%

High-Yield Neighborhoods for Investment

Identify Palmyra submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
49268	$239.9K

Taxes & Financing

Tax Rate (average for all types) 3.42%

Property Tax per SF $78.02 per SF

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Lenawee County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Lenawee County

Retail

Office

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