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000 Masters Road, Riley, MI 48041

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For Sale

$215,000

24.44 acres

Estimated Payment

$ 1,200 /mo. †

6.67% APR for 30 yrs.
$1,123 in taxes
Change Loan Terms

  • Other Residential
    Property type

  • 24.4 acres
    Lot size

Explore this Property

**Charming 24.44-Acre Parcel in Memphis, MI Endless Possibilities Await!** Discover the perfect blend of rural charm and untapped potential with this expansive 24.44-acre parcel in the peaceful area of Memphis, MI. This versatile piece of land is a rare find, offering endless possibilities for the savvy buyer. Whether you envision a peaceful agricultural life or a stunning new home nestled in the vast land, or looking to invest in a large parcel for years to come... this property can make your dreams a reality. Don t miss the chance to own this incredible 24.44-acre parcel. Contact us today to explore this opportunity further and begin the journey to making this land your own!
MLS# 20240062148

Courtesy Of M77 LLC
901 Wilshire, Troy, MI 48084
(248) 649-7200

Property Features

  • Architecture Style
    Other
  • Lot Size
    24.44 Acres

Map and Directions

Directions to 000 Masters Road, Riley, MI 48041

Home seller CENTURY 21 Professionals

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(586) 731-8180
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Mortgage Calculator

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Loan Term
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Monthly Payment Breakdown

  • Principle and Interest
    $1,106
  • Property Taxes
    $93
  • Hazard Insurance
    $0
  • Private Mortgage Insurance
    $0
  • HOA Dues
    $0
  • Total Monthly Payment:
    $1,200

Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

Schools

Memphis Elementary School

Grades PK-5 Public School

Memphis, MI 48041 4.1 miles
34165 bordman rd

330 total students
13:1 Student teacher ratio

School Rating: B

School Details

Memphis Juniorsenior High School

Grades 6-12 Public School

Memphis, MI 48041 4.2 miles
34130 bordman rd

434 total students
16:1 Student teacher ratio

School Rating: B+

School Details
Other Nearby Schools Distance Type Grades School Rating
John F Farrellemmett Elementary School 5.1 miles Public PK-5 A-

John F Farrellemmett Elementary School

Distance: 5.1 miles

Type Public

Grades: PK-5

A-

School information does not guarantee enrollment. School service boundaries are provided as a reference only, may change, and are not guaranteed to be accurate. Contact the school district directly to verify school enrollment eligibility.

Local area information for Riley, MI 48041

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Riley, MI 48041

This community’s employment is highest in the administrative support and healthcare practitioners industries. The area’s overall household expenses are above the national average.

83° July
Hottest Average Month
14° January
Coldest Average Month
1,377 Total Households in Area
1.4% Increase in population since the year 2010
29.6%
of households
have children
35 minutes
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Demographic facts
for Riley, MI 48041

Riley, MI 48041 has a population of 3,714 people in 1,377 households with a median age of 45.7 years old.

1.4%
Increase in population
since the year 2010
Population is Trending up
1,390
Total households as of 2010
0.3%
projected percent change in total
households in 5 years

Community Population By Age

The median age for this area is 45.7 years old. The smallest percentage group is 55-64 years and the largest percentage is the 85+ years age range.

Community Population By Ethnicity

White 93%
Hispanic 2%
Asian <1%
Black <1%
Other <1%
Native American <1%
The most prevalent ethnicity is White at 93%, followed by Hispanic at 2%, Asian at <1%, and Black at <1%.

Economics
for Riley, MI 48041

93 /sq mi
Population Density
$96,679 /yr
Median Household Income
$216,875
Median Sales Price
35 min
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Household by Income

Out of the households in this area, the largest income group is $50-74,999k representing 14.85% of the households.

Transportation to Work

  • Drive 92%
  • Work from Home 9%
  • Walk or Bike 1%
  • Public Transit 0%

Occupancy by Type

Owned 1,267 87%
Rented 110 8%
Vacant 76 5%

White vs Blue Collar Jobs







White Collar 64%
Blue Collar 36%

Family & Education Facts
for Riley, MI 48041

45.7 Median Age

Average Household Size

2.7
persons per
household

70.3%

Married Households

Community Population By Education

Some College 34%
High School Graduate 26%
Bachelors Degree 16%
Associates Degree 13%
Graduate Degree 6%
Some High School 5%
Of the total people surveyed, the most prevalent educational attainment level is Some College, representing 33.62% of the population.

Household Family Expenses vs National Average

This location’s average annual expenditures compared to the national average. Index score (100=National Average)
29.7% of households have children

Weather
for Riley, MI 48041

The weather for this area ranges from a high of 83° F in July to a low of 14° F in January

83° July
Hottest Average Month
14° January
Coldest Average Month

Average Temperature by Month

Low (°F)
High (°F)
Jan
14°
30°
Feb
15°
33°
Mar
23°
43°
Apr
34°
57°
May
45°
69°
Jun
55°
78°
Jul
59°
83°
Aug
58°
81°
Sep
50°
74°
Oct
40°
61°
Nov
31°
47°
Dec
20°
34°

Average Temperature in Degrees Fahrenheit

Precipitation

Precipitation (inch)

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There's more to learn about Riley, MI 48041!
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Copyright © 2025 Realcomp Limited II. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. 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. 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 powered by Attom Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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