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Industrial Land with North Avenue Frontage
For Sale
$545,000

58250 North Avenue, Ray, MI 48096

VACANT LAND, Ray, MI

Property SizeContact for details
Lot Size15.25 Acres
Days on Market294

Property Features for 58250 North Avenue

General Information

Property type Land
Property subtype Other
Zoning Industrial
Zoning description Industrial
Elementary school district Armada Area Schools
Middle school district Armada Area Schools
High school district Armada Area Schools
Subdivision Ray Twp (50005)
Standard status Active
APN 21-05-36-100-020
Lot size 15.25 Acres

Taxes and HOA fees

Tax Annual Amount 4366

Utilities

Water source Public
Listing Agency: Pilot Property Group - Residential LLC
Listed By: Alexander Termini · License #6501392648
Added: Nov 6, 2025 Changed: Aug 19 Last Checked: Aug 27 at 11:06PM
MLS# 50193640

Copyright © 2026 Multiple Listing Service MiRealSource. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 15.25-acre vacant industrial parcel is zoned I-1 and fronts North Avenue for approximately 475 linear feet. Public water is available to the property, supporting evaluation of future site planning and development requirements.

The land is located in Ray, Michigan, within Macomb County. Prior planning for the site contemplated mini storage, outdoor RV storage, and multiple industrial buildings. Those concepts provide a documented basis for evaluating potential layouts, while any proposed use remains subject to applicable approvals and requirements.

Key Highlights

  • 15.25 acres of vacant industrial land
  • Approximately 475 linear feet of frontage along North Avenue
  • I‑1 industrial zoning

Property Analytics

Current Use

Industrial land

Suggested Use

Top Pick Parking Lot & Garage Real Estate Agency Garden Center Skin Care Clinic Storage Facility Spa & Massage Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

14
Businesses Nearby

Demographics for 48096, MI

3,780
Population
1,682
Households
2.2
Avg Household Size
48
Median Age
24%
College-Educated
93%
High-School Grad
36.5 sq mi
ZIP Area
104
Density / Sq Mi
$112,311
Median Household Income
$59,727
Median Earnings
$1,083
Median Rent
$380,500
Median Home Value

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Industrial land - Vacant I-1 land offers public water and a substantial development footprint.
Where is this industrial land located?
The property is located at 58250 North Avenue Ray, MI.
What is the asking price?
The asking price for this property is $545,000.
What are key features of this property?
This property features: 15.25 acres of vacant industrial land; Approximately 475 linear feet of frontage along North Avenue; I‑1 industrial zoning
More about this property
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