Active
184,259 Lot Size4.23 Acres
5550 East Carleton Road, Palmyra, MI 49268
Est: $1,497/moGet pre-approved
LandProperty Type
4.23 acresLot Size

Description

Endless Potential on nearly 5 Acres: Commercial-Grade Building plus Private Apartment and Stocked Pond! Discover a rare and versatile property offering the perfect blend of commercial utility, residential comfort, and outdoor serenity. At the heart of the property is a massive 45x72 building, featuring over 2,400 sq ft of premium commercial space. This main facility is fully equipped for business, hobbies, or storage, boasting 2-phase power, a convenient half bath, and a powerful 5-ton AC cooling...Endless Potential on nearly 5 Acres: Commercial-Grade Building plus Private Apartment and Stocked Pond! Discover a rare and versatile property offering the perfect blend of commercial utility, residential comfort, and outdoor serenity. At the heart of the property is a massive 45x72 building, featuring over 2,400 sq ft of premium commercial space. This main facility is fully equipped for business, hobbies, or storage, boasting 2-phase power, a convenient half bath, and a powerful 5-ton AC cooling system powered by dual units. Attached yet private, you will find an apartment with separate HVAC, perfect for an owner-operator or rental income. Enjoy the beautifully fenced pond stocked with bluegill and catfish. Additional highlights include an RV 30-amp hookup with a concrete pad, several mulberry trees, artesian well and municipal sewer. Whether you are looking to launch a business, establish a homestead or secure a unique live-work investment, this property delivers it all.
Days on Market Listed Today
  • Listed by: Jeffrey Rising 517.605.1286 jeff@therisingteam.com Brokerage DRE #6505432408 • Cornerstone Real Estate
Last updated: 09/02/2026 01:01 PM • Source: Michigan Regional Information Center, MLS#: 26046661

Location

Listing Courtesy of Cornerstone Real Estate
Add your commute

Payment Calculator

$1,497 per month

30 year fixed, 6.55% Interest

Principal and Interest

$1,219

Property Taxes

$278

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Know your buying power with a preapproval and custom rate in minutes

Rocket Mortgage1

Property Information for 5550 East Carleton Road

Property Details
  • Taxes: $3,331 / year
  • MLS Type: Land / Commercial Land
  • Waterfront Features: Pond
Building Information
  • Lot Size: 4.23 AC
Summary
Location and General Information
  • Cross Streets: US 223
  • Municipality: Palmyra Twp
  • Body of Water: Private Pond
  • Street #: 5550
  • Street Direction: E
  • Street Name: Carleton
  • Suffix: Road
  • City: Palmyra
  • State: MI
  • Zip Code: 49268
  • County: Lenawee
  • Latitude: 41.862434
  • Longitude: -83.951473
  • Water Type: Pond
Taxes and HOA
  • Taxable Value: 64448.0
  • Approx. Assoc Fee: $0
  • Seller's Annual Property Tax: $3,331
  • Tax ID #: PA0-116-4550-00 & PA0-116-4600-00
  • Homestead: 0
  • SEV: 73600
Parking
  • Other Structures: Pole Barn
Virtual Tour
  • Total Virtual Tours Count: 0
  • Total Open Houses Count: 0
Property
Lot Information
  • Lot Dimensions: 982x349x399
  • Waterfront: Yes
  • Lot Measurement: Acres
  • Lot Acres: 4.92
  • Lot Square Footage: 184259.0
  • Lot Size Area: 4.92
Property and Assessments
  • Tax Year: 2025
  • Legal: LD BEG AT S 1/4 POST SEC 16 RUNN TH N 399.75 FT TH S 72 40'E 982.12 FT TH S 73 48'W 349.22 FT TO S LI SD SEC TH S 89 04'W 599.34 FT TO POB-4.92 ACRES EX W 200 FT SEC 16
  • Property Sub-Type: Commercial Land
  • Total Floor Plans Count: 0
  • Property Type: Land
  • Current Use: Residential, Commercial
  • Video Groups: 0
  • Mineral Rights: Yes
  • Waterfront Options WaterFrontage: 20
Utilities
  • Utilities: Natural Gas Connected, Electricity Connected
  • Sewer: Public Sewer
  • Water Source: Well
  • Util Avail at Street: None
  • Utilities Attached: Electricity Connected, Natural Gas Connected
  • Water: Well
Interior and Exterior Features
Exterior Features
  • Water Fea Amenities: View
  • Street Type: Public
Interior Features
  • Bathrooms Total (Integer): 1
  • Bathrooms Total (Decimal): 1.0
  • Bathrooms Total (Notational): 1.0
Rental
Rental Information
  • Terms Available: Cash, Conventional

Property History for 5550 East Carleton Road

DateEvent & SourcePriceAppreciation
Sep 2, 2026

Listed (Active)

Michigan Regional Information Center #26046661

$239,900—
Sep 2, 2026

Listed (Active)

Realcomp #81026046661

$239,900—
Sep 2, 2026

Listed (Active)

MiRealSource #70556319

$239,900—
DateEvent & SourcePrice
09/02/2026

Listed (Active)

Michigan Regional Information Center #26046661

$239,900
09/02/2026

Listed (Active)

Realcomp #81026046661

$239,900
09/02/2026

Listed (Active)

MiRealSource #70556319

$239,900

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

Public Records for 5550 East Carleton Road

Taxable ValueLand-Additions-Total-
Tax Record2025$3,088 ($257 / month)
Home Facts
Beds1Baths1Total Finished SqFt810 SqFtAbove Grade Finished SqFt810 SqFtStories1Lot Size184,259 SqFtStyleSingle Family ResidenceYear Built1975Year Renovated1975CountyLENAWEEAPNPA0-116-4550-00

Schools near 5550 East Carleton Road

This home is within Blissfield Community Schools.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Blissfield Elementary
PublicPK to 5

Blissfield Middle School
Public6 to 8

Blissfield High School
Public9 to 12

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.

Similar Homes

Explore Nearby Homes

5550 East Carleton Road is a 4.23 ac of land for sale in Palmyra, MI 49268. This property was listed for sale on September 2, 2026 by Cornerstone Real Estate, it's currently listed at $239,900. This listing's school district is Blissfield Community Schools. Nearby schools include Blissfield Elementary, Blissfield Middle School and Blissfield High School. 5550 East Carleton Road is a 0-bed, 1-bath 4.23 ac of land on a 184,259 sq. ft. / 4.23 acres lot.

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. Subject to change at any time. Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties make no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Cornerstone Real Estate

The properties on this web site come in part from the Broker Reciprocity Program of the Member MLS’s of the MichRIC (Michigan Regional Information Center), LLC. Information Deemed Reliable But Not Guaranteed. The firm operating this website does not display the entire MLS, MichRIC, LLC, Broker Reciprocity database on this web site. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. Information deemed reliable but not guaranteed. Copyright© 2026 Michigan Regional Information Center. All Rights Reserved.