$240,000
$240,000
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10.19 Acres Lot
SOLD DATE : 05/06/2025
Key Details
Sold Price $240,000
Property Type Vacant Land
Sub Type Lot
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 50173762
Sold Date 05/06/25
Originating Board MiRealSource
Lot Size 10.190 Acres
Acres 10.19
Lot Dimensions irregular
Property Sub-Type Lot
Property Description
Unlock the potential of this uniquely located 10-acre parcel situated within the city limits of desirable Richmond—zoned for multi-family and assisted living development. This rare offering sits on a paved road w municipal water/sewer readily available. A true standout feature: Property is buffered on western edge by the scenic Macomb Orchard Trail, offering built-in recreation for future residents—an amenity ideal for both apartment dwellers & assisted living communities. Even more compelling, site is located within Richmond's Tax Increment Financing (TIF) District, presenting a powerful opportunity for long-term tax recapture & enhanced project feasibility. Whether you envision modern apartments or a senior living facility, this site delivers location, infrastructure & econo
Location
State MI
County Macomb
Area Macomb County - 50
Direction N
Exterior
View Y/N No
Building
Lot Description Site Condo
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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