Richmond, MI 48062,0 Ridge Road

$240,000

Est. payment /mo
Est.Price: ?

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0 Ridge Road Richmond, MI 48062

10.19 Acres Lot

SOLD DATE : 05/06/2025

Key Details

Property Type Vacant Land

Sub Type Lot

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 50173762

Sold Date 05/06/25

Lot Size 10.190 Acres

Acres 10.19

Lot Dimensions irregular

Property Sub-Type Lot

Source MiRealSource

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 & economic incentive—a trifecta for developers seeking lasting value. Contact us today to explore TIF incentives and development possibilities!

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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Listed by Realty Executives Home Towne Chesterfield
Kersh Ruhl

Kersh Ruhl

+1(616) 212-8418

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