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    Grayling, MI Land for Sale

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    Frederic, MI Roscommon, MI Kalkaska, MI
    70 results
    Lakefront Land with Bunkhouse
    $475,000
    321 SF

    Lakefront Land with Bunkhouse

    3500 Borchers Way, Grayling, MI 49738

    3.1-acre build site with 150' frontage on Lake Margrethe.

    • 3.1‑acre build site with 150 feet of private frontage on Lake Margrethe
    • Sandy bottom lake with crystal clear waters and breathtaking panoramic views
    • Build site is expertly laid out, ready for construction
    • Charming 1‑bed, 1‑bath, 321 sq ft bunkhouse for guests or retreat
    • Located near Hansen Hills Ski & Recreation Area, bicycle trails, and Au Sable River
    Updated: May 8
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    Commercial Land Ready to Build
    $101,550
    0.40 Acres

    Commercial Land Ready to Build

    Parcel B N Down River Road, Grayling, MI 49738

    Commercial parcel near Grayling Hospital with high visibility.

    • High visibility corner location makes this an ideal spot for your business.
    • Ready to build commercial parcel, save time and start your project sooner.
    • Located near Grayling Hospital, benefit from consistent traffic.
    • Zoned C‑2 in City of Grayling.
    • Recently split from parent parcel.
    Updated: Jan 2
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    Commercial Parcel in Grayling, MI
    $101,550
    18,149 SF

    Commercial Parcel in Grayling, MI

    Commercial land parcel near Grayling Hospital, ready to build.

    North Down River Road, Grayling, MI 49738
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    Golf Course Lot in Grayling
    Contact for pricing
    1.26 Acres

    Golf Course Lot in Grayling

    1.26 acre lot on The Patriot Golf Course.

    6 Fairway Court, Grayling, MI 49738
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    Residential Lots in Northwood Estates
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    0.49 Acres

    Residential Lots in Northwood Estates

    Residential lots with utilities in Grayling, near schools and amenities.

    Northwood Drive lot: 13, Grayling, MI 49738
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    Residential Lots in Northwood Estates
    Contact for pricing
    0.46 Acres

    Residential Lots in Northwood Estates

    Residential lots with utilities near schools and shopping.

    Northwood Drive lot: 11, Grayling, MI 49738
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    Residential Lots in Northwood Estates
    Contact for pricing
    0.50 Acres

    Residential Lots in Northwood Estates

    Available lots with utilities in Grayling, Michigan.

    Northwood Drive lot: 5, Grayling, MI 49738
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    Residential Lots in Grayling Township
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    0.50 Acres

    Residential Lots in Grayling Township

    Available lots with utilities in Northwood Estates, Grayling, MI.

    Northwood Drive lot: 4, Grayling, MI 49738
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    Wooded Building Site in Grayling
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    0.52 Acres

    Wooded Building Site in Grayling

    Wooded lot near town with utilities and paved road.

    Helen Drive lot: 31, Grayling, MI 49738
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    Residential Lots in Northwood Estates
    Contact for pricing
    0.50 Acres

    Residential Lots in Northwood Estates

    Residential lots with utilities in Grayling, near schools and trails.

    Northwood Drive lot: 8, Grayling, MI 49738
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    Residential Lots in Grayling Township
    Contact for pricing
    0.50 Acres

    Residential Lots in Grayling Township

    Residential lots with utilities near schools and shopping.

    Northwood Drive lot: 10, Grayling, MI 49738
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    Residential Lots in Grayling Township
    Contact for pricing
    0.46 Acres

    Residential Lots in Grayling Township

    Residential lots with utilities near schools and amenities.

    Northwood Drive lot: 7, Grayling, MI 49738
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    Residential Lots in Northwood Estates
    Contact for pricing
    0.50 Acres

    Residential Lots in Northwood Estates

    Available residential lots with utilities in Grayling, Michigan.

    Northwood Drive lot: 9, Grayling, MI 49738
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    Residential Lots in Northwood Estates
    Contact for pricing
    0.50 Acres

    Residential Lots in Northwood Estates

    Residential lots with underground utilities near schools and amenities.

    Northwood Drive lot: 6, Grayling, MI 49738
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    Residential Lots in Northwood Estates
    Contact for pricing
    0.50 Acres

    Residential Lots in Northwood Estates

    Available residential lots with underground utilities near Grayling, Michigan.

    Northwood Drive lot: 39, Grayling, MI 49738
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    Residential Lots in Grayling Township
    Contact for pricing
    0.50 Acres

    Residential Lots in Grayling Township

    Residential lots with utilities near schools, trails, and town.

    Northwood Drive lot: 21, Grayling, MI 49738
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    Commercial Land in Growing Grayling
    $174,800
    2.90 Acres

    Commercial Land in Growing Grayling

    Commercial land with utilities and highway access near Grayling.

    Parcel D I-75 Business Loop, Grayling, MI 49738
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    Residential Lots in Grayling Township
    Contact for pricing
    0.50 Acres

    Residential Lots in Grayling Township

    Available lots with utilities in Northwood Estates, Grayling, MI.

    Northwood Drive lot: 27, Grayling, MI 49738
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    Commercial Land in Growing Grayling
    $174,800
    2.90 Acres

    Commercial Land in Growing Grayling

    Commercial land with utilities and highway access near I-75.

    Parcel C I-75 Business Loop, Grayling, MI 49738
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    Residential Lots in Grayling Township
    Contact for pricing
    0.46 Acres

    Residential Lots in Grayling Township

    Available residential lots with utilities in Grayling, Michigan.

    Northwood Drive lot: 17, Grayling, MI 49738
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    Residential Lots in Northwood Estates
    Contact for pricing
    0.50 Acres

    Residential Lots in Northwood Estates

    Residential lots with utilities near schools and amenities.

    Northwood Drive lot: 20, Grayling, MI 49738
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    Residential Lots in Northwood Estates
    Contact for pricing
    0.50 Acres

    Residential Lots in Northwood Estates

    Residential lots with utilities in Grayling, near schools and amenities.

    Northwood Drive lot: 14, Grayling, MI 49738
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    Residential Lots in Grayling Township
    Contact for pricing
    0.50 Acres

    Residential Lots in Grayling Township

    Available residential lots with underground utilities near Grayling, Michigan.

    Northwood Drive lot: 32, Grayling, MI 49738
    View details
    Residential Lots in Northwood Estates
    Contact for pricing
    0.50 Acres

    Residential Lots in Northwood Estates

    Available residential lots with utilities near schools and amenities.

    Northwood Drive lot: 16, Grayling, MI 49738
    View details

    Grayling, MI Land Investment Opportunities Market Analysis

    Explore 72 land for sale in Grayling, MI, showcased through 70 active listings on our real estate platform. These investment opportunities span a total of 18,470 square feet of properties for sale, with an estimated market value of $576,550.

    Sale prices for lots in Grayling, MI start at $101,550, averaging $288,275, and reaching up to $475,000 — 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

    Residential land & home lots 52
    Commercial land 11
    Hunting land 3
    Recreation land 2
    Waterfront Land 1

    Demographics Overview

    Population 9,599
    Population Growth (5Y) +0.0%
    Median Household Income $57,573
    College Educated 14.6%

    High-Yield Neighborhoods for Investment

    Identify Grayling submarkets with the highest inventory density on the market and evaluate the median listing prices of real estate assets

    Neighborhood Average Price
    49738 $42.1K

    Taxes & Financing

    Tax Rate (average for all types) 2.14%
    Property Tax per SF $79.70 per sq ft
    Average Loan-to-Value 65.0%

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