For Sale

Listed by David Goldstein

Source: Multiple Listing Service MiRealSource #50164929

Ray Road, Gaines, MI, 48436

$325,000

32 ac.

Land

30+ days on the market

What's around Ray Road

About this property

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!

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