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    Property profile & analytics

    Ray, MI 48096

    • Industrial land
    • 12.02 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US43-2515745
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Industrial land

    Property Details

    Lot size
    12.02 lot acres
    Zone code
    R-1
    Property type
    Industrial land
    APN
    21-05-30-200-004
    APU
    210530200004

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Ray
    County
    Macomb
    State
    Michigan
    Longitude
    -82.97
    Latitude
    42.7381
    CBSA code
    19820
    CBSA name
    DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $972
    $0.00
    $0.00
    $48,600
    -
    $0.00
    $0.00
    $97,200

    Comparable in this City

    • Value Estimation by Request
      3.17 Acres

      67701 Brian Dr

      INDUSTRIAL - VACANT LAND • 3.17 Acres
      67701 Brian Dr, Ray, MI 48096-4149
      View Details
    • Value Estimation by Request
      0.13 Acres

      Ray Township, MI 48096

      INDUSTRIAL - VACANT LAND • 0.13 Acres
      Ray Township, MI 48096
      View Details
    • Value Estimation by Request
      6.52 Acres

      26 Mile Rd

      INDUSTRIAL - VACANT LAND • 6.52 Acres
      26 Mile Rd, Ray, MI 48096
      View Details
    • Value Estimation by Request
      0.50 Acres

      Romeo Plank Rd

      INDUSTRIAL - VACANT LAND • 0.50 Acres
      Romeo Plank Rd, Ray, MI 48096
      View Details
    • Value Estimation by Request
      11.86 Acres

      Romeo Plank Rd

      INDUSTRIAL - VACANT LAND • 11.86 Acres
      Romeo Plank Rd, Ray, MI 48096
      View Details
    • Value Estimation by Request
      18.00 Acres

      31 Mile Rd

      INDUSTRIAL - VACANT LAND • 18.00 Acres
      31 Mile Rd, Ray, MI 48096
      View Details

    Similar Nearby for Sale

    • $545,000

      High-Visibility Industrial Land Opportunity

      Industrial-zoned vacant land with frontage on North Avenue.
      58250 North Ave, Ray, MI 48096
      View Details
    • $545,000
      15.25 Acres

      Industrial Land on North Avenue

      High-visibility industrial land with development potential in Ray, Michigan.
      Ray, MI 48096
      View Details
    • $1,200,000

      Land For Sale

      Land available for sale in Ray Township, Macomb County.
      0000 Romeo Plank Rd, Ray, MI 48096
      View Details
    • $162,500
      2.50 Acres

      Ray, MI Vacant Land Parcel

      Spacious country lot to build your dream home!
      0006 Kunstman Rd, Ray, MI 48096
      View Details
    • $135,000
      2.85 Acres

      Ray Township Vacant Land Parcel

      2.85-acre residential land in Ray Township, ready for development.
      31 31 Mile Rd, Ray Twp, MI 48096
      View Details
    • $700,000

      Prime Macomb County Commercial Land

      20 Acres, Industrial/Commercial, $700,000
      59700 North Ave, Ray, MI 48096
      View Details
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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
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