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    Ray, MI 48096

    For Sale
    $545,000

    Vacant Land - Ray, MI

    Lot size:
    15.25 Acres
    Days on Market:
    36
    Last Refresh:
    Dec 11 at 4:06 pm

    Property Features for

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Industrial
    APN
    21-05-36-100-020
    Lot size
    15.25 Acres

    Building Details

    Architectural style
    Other

    Pilot Property Group, Inc. (586) 254-0900 [email protected]

    Listing agent Alexander Termini (586) 254-0900 License #6501392648

    Listing date Nov 6, 2025

    MLS# 50193640 Listing URL

    Copyright © 2025 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.

    Overview

    Industrial Land on North Avenue

    This vacant land, zoned industrial (I-1), offers an opportunity for development. The site has approximately 475 ft of frontage along North Avenue, providing exposure. Previously designed for mini storage with outdoor RV storage and multiple industrial buildings, the 15.25-acre site provides flexibility for a range of industrial and commercial uses. Located in Ray, Michigan, this property is in Macomb County.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Ray
    County
    Macomb
    State
    Michigan
    Longitude
    -82.9232
    Latitude
    42.759

    Nearby Similar for Sale

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    • $375,000
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      Mixed-Use Building in Ray, MI

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    FAQs

    What type of property is this?
    Land - High-visibility industrial land with development potential in Ray, Michigan.
    Where is this land located?
    The property is located at 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: - High-visibility location with approximately 475 ft of frontage on North Avenue.; - Zoned I-1 for a wide range of industrial and commercial uses.; - Excellent opportunity for business development.
    (586) 254-0900
    Request Owner's contact information
    Ray, MI 48096
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Ray, MI 48096
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