58500 North Ave, Ray, MI 48096

This exceptional 43.5-acre parcel in Ray, Michigan (48096), presents a prime redevelopment opportunity. Currently vacant, this Class A industrial property boasts 20,000 square feet of buildable space, zoned for industrial use, and includes approved plans for a self-storage/RV outdoor storage/truck depot facility. The property features four single-story buildings planned, with a total of 100 units, and an 8.5-foot ceiling height. All necessary approvals are in place, including zoning, architectural design plans, surveys, and environmental reports. Construction is slated to begin in July 2024. The asking price is $1,250,000, or $62.50 per square foot, and $12,500 per unit. This turnkey project offers a significant return on investment in a high-demand area. The property's location at 58500 North Ave, Ray, MI, provides excellent accessibility and visibility. This is a rare chance to acquire a fully permitted development-ready site, eliminating the lengthy and often costly permitting process. Begin construction immediately and capitalize on the burgeoning demand for storage solutions in Macomb County. The property's APN is 0536100024.