Address
59539 Romeo Plank Road Ray Twp, MI
Price
$ 1,900,000
Property Attributes
  • ML#2200056954
  • TypeCommercial
  • CountyMACOMB
  • CityRay Twp
  • AreaRay Twp
  • Zip48096
  • StyleHorse Farm
  • Year Built1979
  • Taxes6045
  • Price$ 1,900,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage5438
  • Lot Size57.25 Acres
Listing Provided Courtesy Of:
Keller Williams Realty-Great Lakes
Property Description

Amazing active horse farm on 57 acres. Barn has 75 stalls and an indoor arena, office, and men and women's bathrooms. 2 outdoor arenas and a hay barn. Horse ranch not at capacity currently 38 horses. Manager for last 20 years would like to stay. Currently around 38 horses boarded with 15k per month in income. Home features 4 or bedrooms with one used as an office. Fantastic indoor pool and entertaining area with sky lights, wet bar, jacuzzi and sauna. All appliances stay. Master bedroom features 2 walk-in closets and bath. 2 fireplaces. Large family room with wet bar. Must be purchased with 59661 as horse farm arena and hay barn are located on both properties. Township will work with buyer to re-zone if buyer wants use other than horse farm.

Price History
7/22/2020 Listed $1,900,000

General Features

Business Type Agricultural
Commercial Type Business And Real Estate
Construction Materials Brick
Cumulative Days on Market 95
Current Use Horse Farm
Gross Scheduled Income 180000.00
Heating Central Air, Forced Air
Listing Agent Public Id 309727
Net Operating Income 78000.00
Operating Expense 102000.00
Originating MLS Realcomp II Ltd
Ownership Status Private Owned, Short Sale - No
Parcel Number 0530401003
Possession Close Plus 30 Days
Property Type Commercial
School District Romeo
Sewer Septic-Existing
Short Sale No
Status Active
Terms Offered Cash, Conventional
Total Sq Ft 5438
Transaction Type Sale
Year Built 1979
Zoning Agricultural, Residential

Interior Features

Heating Fuel Natural Gas
Total Units 1
Unit Count 1

Exterior Features

Architecture Level 2 Story
Foundation Slab
Foundation Materials Poured
Frontage Feet 810
Lot Size Area 57.25
Lot Size Dimensions 810.00X2574.80
Water Source Municipal Water
Waterfront Description Stream

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool


IDX provided courtesy of Realcomp II Ltd., via Mi Choice Realty and The Originating MLS(found above), © 2020 Realcomp II Ltd. Shareholders. Shareholders. The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of October 27, 2020 1:32 AM UTC Information deemed reliable but not guaranteed. The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) Program of Realcomp Ltd

Property vs Zip Code Average in 48096

Price
AVG $1.61M
$1.9M
Taxes
AVG $5,387
$6,045
Visits
AVG 6
11
Year Built
AVG 1972
1979

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