Home Highlights
Property Type
Lot/Land
Lot Size
4.92 acres
Local Information
-- mins to
About this House
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.
Last check for updates: about 17 hours ago
Listing courtesy of Jeffrey Rising, (517) 605-1286
Cornerstone Real Estate
Source: Realcomp II, MLS#81026046661

Also Listed on Realcomp II.
Home Details for 5550 E Carleton Rd
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Appliances & Utilities Utilities: Electricity Connected, Natural Gas Connected |
View Has a ViewView: Water |
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Exterior Home Features Other Structures: Pole Barn |
Parking & Garage No Carport |
Frontage WaterfrontWaterfront: Pond, Water Access RightsResponsible for Road Maintenance: Public Maintained RoadOn Waterfront |
Water & Sewer Sewer: Public SewerWater Body: Private Pond |
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Days on Market: 1 |
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Property Type / Style Property Type: LandProperty Subtype: Land |
Property Information Usage of Home: CommercialParcel Number: PA0116455000 & PA0116460000 |
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Price List Price: $239,900 |
Status Change & Dates Possession Timing: Close Of Escrow, Subject To Tenant Rights |
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MLS Status: Active |
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Direction & Address City: Palmyra |
School Information High School District: Blissfield |
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Listing Agent Listing ID: 81026046661 |
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Lot Area: 4.92 Acres |
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Listing Agreement Type: Exclusive Right To SellListing Terms: Cash, Conventional |
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Mls Number: 81026046661Water ViewWater View: Water |
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Source Internet Entire Listing Display |
Around this home
What Locals Say about Palmyra
At least 1 Trulia users voted on each feature.
100 % Say car is needed
100 % Say parking is easy
100 % Say there's holiday spirit
67 % Say yards are well-kept
50 % Say neighbors are friendly
50 % Say it's quiet
50 % Say kids play outside
Sourced by Trulia users. Learn more about our methodology.
Market trends in Palmyra
Last updated July 2026
Avg. sale price
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Sale-to-List Price
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Price per sq ft
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Available listings
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Home Value
Trulia Estimate
$167KSince last month
Increased$10K (+6.1%)Since last year
Increased$21K (+14.2%)Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.
Trulia Estimate
The of this home's value decreased by -1% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $168K |
| August 2026 | $167K |
| July 2026 | $158K |
| June 2026 | $164K |
| May 2026 | $148K |
| April 2026 | $143K |
| March 2026 | $159K |
| February 2026 | $153K |
| January 2026 | $148K |
2025 | |
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
3.16 | Lot/Land | $285,000 | 12/01/25 | - | - | ||
3.35 | Lot/Land | $290,000 | 10/07/25 | - | - | ||
3.35 | Lot/Land | $290,000 | 10/07/25 | - | - | ||
4.35 | Lot/Land | $225,000 | 08/31/26 | - | - | ||
4.98 | Lot/Land | $50,000 | 04/10/26 | - | - | ||
5.04 | Lot/Land | $65,000 | 09/26/25 | - | - | ||
4.54 | Lot/Land | $8,000 | 07/20/26 | - | - | ||
5.19 | Lot/Land | $50,000 | 05/11/26 | - | - | ||
4.78 | Lot/Land | $37,500 | 07/20/26 | - | - |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.06 | $289,100 | 3 | 1.5 | 2,280 | Off Market | |
0.10 | $273,800 | 3 | 1.5 | 2,340 | Off Market | |
0.13 | - | 3 | 1.5 | 2,147 | Off Market | |
0.19 | $150,400 | 2 | 1 | 873 | Off Market | |
0.15 | $222,700 | 3 | 1 | 1,358 | Off Market | |
0.20 | $234,100 | 4 | 2 | 1,974 | Off Market | |
0.48 | $142,900 | 3 | 1 | 1,212 | Off Market | |
0.50 | - | 1 | 1 | 782 | Off Market | |
0.56 | - | 2 | 1 | 1,608 | Off Market | |
0.56 | - | 2 | 1 | 1,608 | Off Market | |
0.63 | $175,000 | 4 | 1 | 2,181 | Recently Sold |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Sep 2, 2026 Source: Realcomp II #81026046661 | PriceChange | $239,900 Price increased by 3% |
Jul 15, 2024 Source: MiRealSource #50139842 | PriceChange | $234,000 Price decreased by 0% |
Jun 20, 2024 Source: MiRealSource #50139842 | PendingToActive | $234,900 |
May 22, 2024 Source: MiRealSource #50139842 | Pending | $234,900 |
May 14, 2024 Source: MiRealSource #50139842 | Contingent | $234,900 |
May 13, 2024 Source: MiRealSource #50139842 | PriceChange | $234,900 Price decreased by 2% |
Apr 25, 2024 Source: MiRealSource #50139842 | PriceChange | $239,900 Price decreased by 4% |
Nov 3, 2023 Source: MiRealSource #50126873 | Listed For Sale | $249,900 |
Oct 17, 2023 Source: Realcomp II #56050109569 | ListingRemoved | |
Sep 9, 2023 Source: MiRealSource #50109569 | PriceChange | $249,900 Price decreased by 4% |
Jul 18, 2023 Source: MiRealSource #50109569 | PriceChange | $259,900 Price decreased by 1% |
Jun 8, 2023 Source: MiRealSource #50109569 | PriceChange | $262,000 Price decreased by 6% |
May 19, 2023 Source: MiRealSource #50109569 | Listed For Sale | $279,900 |
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Jeffrey Rising, Cornerstone Real Estate
Agent Phone: (517) 605-1286

IDX provided courtesy of Realcomp II Ltd. via Zillow, Inc and MLS
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IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited.
The data relating to real estate properties on this website was last updated as recently as 2026-09-02 14:34:48 PDT
Listing Information presented by local MLS brokerage: Zillow, Inc., REALTOR®- Lauren Buttazzoni - (313) 479-2702
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New Listings near 5550 E Carleton Rd
5550 E Carleton Rd, Palmyra, MI 49268 is a lot/land. This property is currently available for sale and was listed by Realcomp II on Sep 2, 2026. The MLS # for this home is MLS# 81026046661.

