Ray Road

Gaines MI 48436

32 ac.

Land

Currently for sale - view listing

Overview

Attention all farmers! This is a unique opportunity to acquire a field with a very low capped tax basis. It qualifies for an agricultural cap, keeping the taxable value capped at $26,000 for 2026 and beyond. Meanwhile, the SEV (State Equalized Value) in Fenton Township places the value close to $400,000. Of the 32 acres, nearly all are being tilled. Fenton Township values this parcel at approximately $12,000 per acre!

Features

32 ac. lot size

Land

Property history for Ray Road

2020

Sold

$103,000

14 Sep 2020 by Steven Melchor, of Berkshire Hathaway HomeServices Michigan Real Est

Happy sellers in Gaines

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