$240,000
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0 Ridge Road Richmond, MI 48062
10.19 Acres Lot
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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