Sold
Last Sold Price
443,876 Lot Size10.19 Acres
0 Ridge Street, Richmond, MI 48062
LandProperty Type
10.19 acresLot Size

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...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!
  • Listed by: Joan Schinderle-King 586.383.9975 RealtorJoanKing@gmail.com Brokerage DRE #6505178054 • Realty Executives Home Towne Chesterfield
Listing closed: 05/06/2025 02:01 PM • Source: MiRealSource, MLS#: 50173762

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Recent comparable sales

Median sold price

$75,000

Avg days on market

139

Sale-to-list ratio

96.6%

Richmond, MI

9 comparable properties found

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$55,000 | 0 Lowe Plank Road, Richmond, MI 48062
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$45,000 | 35721 Orchard Lane, Richmond, MI 48062
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$35,000 | 0 Howard Street, Richmond, MI 48062
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$75,000 | Lot 4-vacant La Dayton Road, Richmond, MI 48062
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Sold 05/21/25

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Square Feet
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Acres
$75,000 | Lot 3-vacant La Dayton Road, Richmond, MI 48062
1/8
6

$75,000

Sold 05/21/25

Unavailable
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Square Feet
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Acres
$75,000 | Lot 7-vacant La Burman Road, Richmond, MI 48062
1/8
7

$75,000

Sold 11/20/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
2.62
Acres
$75,000 | Lot 5-vacant La Dayton Road, Richmond, MI 48062
1/8
8

$75,000

Sold 05/21/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
2.30
Acres
$75,000 | Lot 6-vacant La Dayton Road, Richmond, MI 48062
1/9
9

$75,000

Sold 11/20/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
2.63
Acres

Location

Listing Courtesy of Realty Executives Home Towne Chesterfield

Sold By Realty Executives Home Towne Chesterfield

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Payment Calculator

$1,373 per month

30 year fixed, 7.03% Interest

Principal and Interest

$1,281

Property Taxes

$91

HOA Dues

$0

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Property Information for 0 Ridge Street

Property Details
  • Taxes: $1,095 / year
  • MLS Type: Land
  • Architectural Style: Vacant Land
  • Has Waterfront: No
  • Zoning Description: Multi-Family
Building Information
  • Lot Size: 10.19 AC
Summary
Location and General Information
  • Directions: W of Main Street, N of Division (32 Mile)
  • MLS Area Major: Richmond (50032)
Taxes and HOA
  • Association: No
  • Parcel Number: 50-07-03-35-326-011
  • Tax Annual Amount: $1,095.00
  • Tax Year: 2018
Property
Lot Information
  • Direction Faces: North
  • Frontage Length: 97.0
  • Lot Size Acres: 10.19
  • Road Surface Type: Paved
Property and Assessments
  • Property Type: Land
Utilities
  • Utilities: Natural Gas Available, Electricity Available, Sewer Available, Water Available

Property History for 0 Ridge Street

DateEvent & SourcePriceAppreciation
May 6, 2025

Sold

MiRealSource #50173762

$240,000—
May 6, 2025

Contract Signed

MiRealSource #50173762

—
May 6, 2025

Sold

Realcomp #58050173762

$240,000—
DateEvent & SourcePrice
05/06/2025

Sold

MiRealSource #50173762

$240,000
05/06/2025

Contract Signed

MiRealSource #50173762

—
05/06/2025

Sold

Realcomp #58050173762

$240,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Schools near 0 Ridge Street

This home is within Richmond Community Schools.
Rating
School
Type
Grades
Distance
Public - PK to 3
Public - 4 to 8
Public - 9 to 12
Private - PK to 8
Rating
School
Distance
Will L. Lee School
PublicPK to 3

Richmond Middle School
Public4 to 8

Richmond Community High School
Public9 to 12

St. Augustine Catholic School
PrivatePK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 0 Ridge Street, Richmond, MI 48062
$240,000
–
–
–
443,876
$123,000
3
996
28,800
–
–
1
1,232
14,157
$110,000
–
2
1,080
24,568
–
–
2
960
47,306
$180,500
3
1,200
19,166

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Realty Executives Home Towne Chesterfield

Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. The information published and disseminated by MiRealSource is communicated verbatim, without change by MiRealSource, as filed with MiRealSource by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Copyright 2026 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.