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20 Acres Industrial Land Available
For Sale
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59700 North Ave, Ray, MI 48096

20 acres of light industrial land for sale.

Property SizeContact for details
Lot Size20.00 Acres
Days on Market670

Property Features for 59700 North Ave

General Information

Standard status Active
Lot size 20.00 Acres
Property subtype Land
Listing Agency: KW Commercial Warren/Sterling Heights
Listed By: John Kurczak · License #MI 6501258219
Source: Crexi
Added: Oct 21, 2024 Changed: Aug 8 Last Checked: Jul 15 at 10:17AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of KW Commercial Warren/Sterling Heights

Investment Insights

Based on property information with market context.

This property features 20 acres of light industrial and commercial land available for sale on a paved road. Located in Macomb Township, near the Chesterfield Township border area, the site offers potential for various uses. Well water has already been installed. A traffic and feasibility study has been completed, and approvals for mini self-storage have been obtained. The property is subject to a split of a larger 43.5-acre parcel, and its sale is contingent on another buyer purchasing the adjacent 23.5 acres.

Key Highlights

  • 20 acres of Light Industrial/Commercial land.
  • Located on a Paved Road near Macomb Twp/Chesterfield Twp border.
  • Well water already installed.

Property Analytics

Current Use

Industrial land

Suggested Use

Top Pick Parking Lot & Garage Auto Repair Shop Electrical Service Big Box & Wholesale Store Computer & Electronic Repair Skin Care Clinic

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

17
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
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Frequently Asked Questions

What type of property is this?
Industrial land - 20 acres of light industrial land for sale.
Where is this industrial land located?
The property is located at 59700 North Ave Ray, MI.
What is the asking price?
The asking price for this property is $700,000.
What are key features of this property?
This property features: 20 acres of Light Industrial/Commercial land.; Located on a Paved Road near Macomb Twp/Chesterfield Twp border.; Well water already installed.
(248) 649-7200 Call to check price and availability
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