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    Richmond, MI
    Residential

    Richmond, MI Residential Land & Home Lots for Sale

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    Prime Development Site in Richmond
    Updated: Jun 29, 2024
    Prime Development Site in Richmond

    10000 Gratiot Avenue, Richmond, MI 48063

    $149,999
    4.00 AC lot
    Premier four‑acre development site with dual main road frontage on Gratiot and Pound Road.
    Excellent visibility for business development due to road frontage.
    Ideally located within one minute of downtown Richmond.
    Easy access to local schools, shopping, restaurants, and bus lines.
    Significant opportunity for a luxury residential estate or commercial venture.
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    VACANT LAND, Richmond, MI
    Updated: Jul 7
    VACANT LAND, Richmond, MI

    Bauman Road, Richmond, MI 48063

    $69,900
    2.20 AC lot
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    Vacant Land, Richmond Twp, MI
    Vacant Land, Richmond Twp, MI

    Vacant Land 25.42 acres Burman Road, Richmond, MI 48062

    $500,000
    25.42 AC lot

    Agricultural land / Farmland · 25.42 Acres

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    5.2 Acres Buildable Land
    5.2 Acres Buildable Land

    32 Mile Road, Richmond, MI 48062

    $120,000
    5.20 AC lot

    Two parcels totaling 5.2 acres, ready for custom development.

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    Vacant Land, Richmond Twp, MI
    Vacant Land, Richmond Twp, MI

    Welding/Armada Ridge Road, Richmond, MI 48062

    $75,000
    1.78 AC lot

    Residential land & home lots · 1.78 Acres

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    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 5 Active listings in Richmond, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Vacant Land, Lenox Twp, MI
    Vacant Land, Lenox Twp, MI

    New Haven, MI 48050

    $350,000
    21.31 AC lot

    Land · 21.31 Acres

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    Land
    Land

    New Haven, MI 48050

    $350,000

    Residential land & home lots

    View details
    8.39 Acres for Dream Home
    8.39 Acres for Dream Home

    000 Meskill Road, Columbus, MI 48063

    $100,000

    8.39 acres to build your dream home near Richmond.

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    Waterfront Land Parcel
    Waterfront Land Parcel

    Bauman Road, Columbus, MI 48063

    $295,000
    12.18 AC lot

    Waterfront building site on a private lake in Columbus, zoned for residential and multi-family development.

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    Richmond, MI Residential Land & Home Lots Market Trends and Statistics

    Explore 5 residential land & home lots for sale in Richmond, MI, showcased through 5 active listings on our real estate platform. These investment opportunities span a total of 1,681,416 square feet of properties for sale, with an estimated market value of $914,899.

    Sale prices for home sites in Richmond, MI start at $69,900, averaging $182,979, and reaching up to $500,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Commercial land 3
    Residential land & home lots 2
    Agricultural land / Farmland 1

    Demographics Overview

    Population 9,273
    Population Growth (5Y) -3.4%
    Median Household Income $75,763
    College Educated 35.8%

    High-Yield Neighborhoods for Investment

    Identify Richmond submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    Columbus - 48063 $109.9K
    Richmond - 48062 $436.3K

    Taxes & Financing

    Tax Rate (average for all types) 4.76%
    Property Tax per SF $84.02 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Macomb County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Macomb County

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    Most Searched ZIP Codes in Richmond, MI

    • 48062
    • 48063

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