Elk Rapids, MI Land for Sale

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Updated: Mar 3

Buildable Lot in Elk Rapids

142 Charles Street, Elk Rapids, MI 49629

$125,000

0.50 AC lot

Buildable lot in the desirable Village of Elk Rapids
Walking distance to schools, church, and shopping
Municipal water and sewer available
Electric and gas available
Large lot suitable for various home designs

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Updated: May 7, 2024

Elk Rapids Vacant Land Opportunity

Capa-Bran Terrace lot: 4, Elk Rapids, MI 49629

$199,900

0.24 AC lot

Oversized vacant lots in Elk Rapids' newest development.
Underground electric and municipal water/sewer available.
Close proximity to the Art Park.
Enjoy walking/biking distance to beaches and restaurants.
Desirable Elk Rapids Schools.

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Vacant Land in Elk Rapids

Capa-Bran Terrace lot: 2, Elk Rapids, MI 49629

$199,900

0.22 AC lot

Oversized vacant lots in Elk Rapids, close to amenities.

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Elk Rapids Vacant Land

Capa-Bran Terrace lot: 5, Elk Rapids, MI 49629

$199,900

0.34 AC lot

Vacant lots in Elk Rapids, close to beaches and restaurants.

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Elk Rapids Vacant Land

Capa-Bran Terrace lot: 3, Elk Rapids, MI 49629

$199,900

0.21 AC lot

Vacant lots in Elk Rapids, close to beaches and restaurants.

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Elk Rapids Vacant Land

Capa-Bran Terrace lot: 13, Elk Rapids, MI 49629

$199,900

0.25 AC lot

Vacant lots in Elk Rapids, close to beaches and restaurants.

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Elk Rapids Vacant Land

Capa-Bran Terrace lot: 7, Elk Rapids, MI 49629

$199,900

0.23 AC lot

Vacant lots in Elk Rapids, close to beaches and restaurants.

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Elk Rapids Vacant Land

Capa-Bran Terrace lot: 8, Elk Rapids, MI 49629

$199,900

0.26 AC lot

Vacant lots in Elk Rapids, close to beaches and restaurants.

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Based on your search, we've compiled 77 Potential Opportunities for your consideration. Besides 8 Active listings in Elk Rapids, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 64 Off-Market properties to explore as potential leads, plus 1 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Private Waterfront Land Parcel

14750 Mallard Drive, Traverse City, MI 49686

$3,500,000

4.99 AC lot

Build on a raised, private shoreline site with commanding Great Lakes views and direct boating access.

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Inland Waterfront-Access Building Lot

14857 Mallard Drive, Traverse City, MI 49686

$695,000

2.13 AC lot

Inland building parcel in a platted subdivision with a mix of cleared and wooded ground plus shared East Bay amenities.

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Residential Waterfront Estate Land

B-4 Stallman Road, Rapid City, MI 49676

$159,900

7.51 AC lot

Build a private estate on a residential waterfront parcel near Torch and Elk lakes in the Rapid City area.

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Lake-Adjacent Residential Estate Land

B-3 Stallman Road, Rapid City, MI 49676

$139,900

7.51 AC lot

Residentially zoned estate parcel in Antrim County, sized for a private build near Torch and Elk Lakes.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

68 Acres Tillable Land For Sale

Saint Johns, MI 48879

$499,000

68.30 AC lot

68 acres of tillable land suitable for multiple uses.

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Off-Market Properties in Elk Rapids, MI

Consider similar Off-Market properties in Elk Rapids, MI. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

VACANT COMMERCIAL LAND

Cairn Hwy, Elk Rapids, MI 49629

Value Estimation by Request

0.63 AC lot

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VACANT COMMERCIAL LAND

Elk Rapids, MI 49629

Value Estimation by Request

2.21 AC lot

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VACANT COMMERCIAL LAND

112 Dexter St, Elk Rapids, MI 49629-5102

Value Estimation by Request

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VACANT COMMERCIAL LAND

Elk Rapids, MI 49629

Value Estimation by Request

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VACANT COMMERCIAL LAND

Elk Rapids, MI 49629

Value Estimation by Request

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VACANT COMMERCIAL LAND

124 Lk St, Elk Rapids, MI 49629-9750

Value Estimation by Request

0.29 AC lot

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VACANT COMMERCIAL LAND

Elk Rapids, MI 49629

Value Estimation by Request

0.06 AC lot

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VACANT COMMERCIAL LAND

207 Riv St, Elk Rapids, MI 49629-9605

Value Estimation by Request

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VACANT COMMERCIAL LAND

215 Dexter St, Elk Rapids, MI 49629-9606

Value Estimation by Request

0.75 AC lot

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VACANT COMMERCIAL LAND

Partridge Trl, Elk Rapids, MI 49629

Value Estimation by Request

22.00 AC lot

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VACANT COMMERCIAL LAND

Bayshore Dr, Elk Rapids, MI 49629

Value Estimation by Request

2.50 AC lot

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VACANT COMMERCIAL LAND

506 Spruce St, Elk Rapids, MI 49629-9712

Value Estimation by Request

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VACANT COMMERCIAL LAND

Williams Dr, Elk Rapids, MI 49629

Value Estimation by Request

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VACANT COMMERCIAL LAND

Williams Dr, Elk Rapids, MI 49629

Value Estimation by Request

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VACANT COMMERCIAL LAND

Williams Dr, Elk Rapids, MI 49629

Value Estimation by Request

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VACANT COMMERCIAL LAND

Williams Ct, Elk Rapids, MI 49629

Value Estimation by Request

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Elk Rapids, MI Land Market Trends and Statistics

Explore 72 land for sale in Elk Rapids, MI, showcased through 8 active listings on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $1,524,300.

Sale prices for lots in Elk Rapids, MI start at $125,000, averaging $190,537, and reaching up to $199,900 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Demographics Overview

Population 2,037

Population Growth (5Y) +0.1%

Median Household Income $74,318

College Educated 62.2%

High-Yield Neighborhoods for Investment

Identify Elk Rapids submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
49629	$269.4K

Taxes & Financing

Tax Rate (average for all types) 1.89%

Property Tax per SF $21.92 per SF

Tax Rate vs County Average 0.43 pp below county avg

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Antrim County

New Delisted

Total CRE Inventory on Market (SF)

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Elk Rapids, MI Land for Sale

142 Charles Street, Elk Rapids, MI 49629

Capa-Bran Terrace lot: 4, Elk Rapids, MI 49629

Capa-Bran Terrace lot: 2, Elk Rapids, MI 49629

Capa-Bran Terrace lot: 5, Elk Rapids, MI 49629

Capa-Bran Terrace lot: 3, Elk Rapids, MI 49629

Capa-Bran Terrace lot: 13, Elk Rapids, MI 49629

Capa-Bran Terrace lot: 7, Elk Rapids, MI 49629

Capa-Bran Terrace lot: 8, Elk Rapids, MI 49629

Opportunities in Nearby Cities

14750 Mallard Drive, Traverse City, MI 49686

14857 Mallard Drive, Traverse City, MI 49686

B-4 Stallman Road, Rapid City, MI 49676

B-3 Stallman Road, Rapid City, MI 49676

Potential Development Sites for Consideration

Saint Johns, MI 48879

Off-Market Properties in Elk Rapids, MI

Cairn Hwy, Elk Rapids, MI 49629

Elk Rapids, MI 49629

112 Dexter St, Elk Rapids, MI 49629-5102

Elk Rapids, MI 49629

Elk Rapids, MI 49629

124 Lk St, Elk Rapids, MI 49629-9750

Elk Rapids, MI 49629

207 Riv St, Elk Rapids, MI 49629-9605

215 Dexter St, Elk Rapids, MI 49629-9606

Partridge Trl, Elk Rapids, MI 49629

Bayshore Dr, Elk Rapids, MI 49629

506 Spruce St, Elk Rapids, MI 49629-9712

Williams Dr, Elk Rapids, MI 49629

Williams Dr, Elk Rapids, MI 49629

Williams Dr, Elk Rapids, MI 49629

Williams Ct, Elk Rapids, MI 49629

Elk Rapids, MI Land Market Trends and Statistics

Top Commercial Asset Segments

Demographics Overview

High-Yield Neighborhoods for Investment

Taxes & Financing

Listings Trend

Total CRE Inventory on Market (SF)

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