$240,000
SOLD MAY 6, 2025

0 Ridge Rd Unit 50173762 Richmond, MI 48062

10 Acres
$23,553 Price per Acre
443,876 Sq Ft Lot

Recently Sold

About This Lot

As of May 2025

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!

Last Agent to Sell the Property

Joan King

Realty Executives Home Towne Chesterfield License #MISPE-6501292224 Listed on: 05/06/2025

Realty Executives Home Towne Chesterfield

Last Buyer's Agent

Joan King

Realty Executives Home Towne Chesterfield License #MISPE-6501292224 Listed on: 05/06/2025

Realty Executives Home Towne Chesterfield

Property Details

Property Type

  • Land

Est. Annual Taxes

Lot Details

  • 10.19 Acre Lot
  • 97 Ft Wide Lot
  • Property is zoned Multi-Family

Listing and Financial Details

  • Assessor Parcel Number 50-07-03-35-326-011

Property Details

Property Type

Land

Est. Annual Taxes

$1,095

Lot Details

0

Listing Details

  • Originating MLS: MiRealSource
  • Class: VACANT LAND
  • Type Of Property: Vacant Land
  • Style: Vacant Land
  • Mail City: Richmond
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Frontage: 97
  • Roads: Paved Street
  • Frontage Type: Road

Utilities

  • Water: Public Water At Street
  • Sewer/Septic System: Public At Street
  • Fuel On Site: Natural Gas

Schools

  • School District: Richmond Community Schools

Lot Info

  • Assessor Parcel Number: 50-07-03-35-326-011
  • Site Condo: Yes
  • Acreage: 10.19
  • Lot Description: Deep Lot - 150+ Ft.
  • Zoning: Multi-Family
  • Lot Size: irregular

Tax Info

  • Summer Tax: Year: 2018, Amount: $1,038.00
  • Winter Tax: Year: 2018, Amount: $57.00
  • Total Tax: Year: 2018, Amount: $1,095.00

MLS Schools

  • School District: Richmond Community Schools

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/06/2025 05/06/25 Sold $240,000 0.0% --
05/06/2025 05/06/25 For Sale $240,000 -- --
05/05/2025 05/05/25 Pending -- -- --
Source: Michigan Multiple Listing Service

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Joan King

    Seller's Agent in 2025

    Joan King

    Realty Executives

    (586) 383-9975

    11 in this area

    238 Total Sales

    Joan King
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Map

Source: Michigan Multiple Listing Service

MLS Number: 50173762

Michigan Multiple Listing Service

Michigan Macomb County Richmond 48062

0 Ridge Rd Unit 50173762, Richmond, MI

This home is located at 0 Ridge Rd Unit 50173762, Richmond, MI 48062 and is currently priced at $240,000. 0 Ridge Rd Unit 50173762 is a home located in Macomb County with nearby schools including Will L. Lee School, Richmond Middle School, and Richmond Community High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Michigan Multiple Listing Service Source MLS: MiRealSource
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