Grayling, MI Land for Sale

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92 properties

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Updated: Jan 2

Corner Commercial Land Zoned C-2

N Down River Road, Grayling, MI 49738

$101,550

18,149 sqft 0.40 AC lot

Commercial parcel ready to build on
Corner location with high visibility
Located a few hundred feet from Grayling Hospital
Zoned C‑2 in the City of Grayling
Recently split from a parent parcel; split approved with the City of Grayling

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Updated: Jan 2

C-2 Commercial Land

Parcel B N Down River Road, Grayling, MI 49738

$101,550

0.40 AC lot

0.4‑acre commercial parcel
C‑2 zoning under City of Grayling regulations
Corner location on N Down River Road
A few hundred feet from Grayling Hospital
Public sewer available

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Waterfront Residential Land

Parcel 3 Sumac Trail, Grayling, MI 49738

$174,900

3.81 AC lot

High-and-dry river frontage with a private wooded clearing and municipal water available for residential development.

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Residential Golf Course Lot

Grayling, MI 49738

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0.69 AC lot

Buildable lot along the Patriot Golf Course, with Lot 6 also available for additional space.

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Recreation Subdivision Lot

E N Down River Road lot: 364, Grayling, MI 49738

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0.21 AC lot

Platted subdivision lot in a recreation-focused community with shared amenities and water features.

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Recreation Land Lot

E N Down River Road lot: 363, Grayling, MI 49738

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0.21 AC lot

Small platted lot in a member recreation community, with Big Creek running through and nearby river recreation.

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Golf Course Lot in Site Condominium

7 Fairway Court, Grayling, MI 49738

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0.69 AC lot

Residential building lot backing to The Patriot Golf Course within a Site Condominium setting in northern Michigan.

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Riverfront Residential Land Parcel

Parcel 3 Sumac Trl, Grayling, MI 49738

$174,900

Wooded riverfront acreage with frontage on the Ausable River and municipal water availability.

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Platted Subdivision Building Lot

E N Down River Road lot: 364, Grayling, MI 49738

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0.21 AC lot

Buildable lot within a recreation-focused community with shared amenities and waterways flowing through the property.

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Golf Course Residential Lot

6 Fairway Court, Grayling, MI 49738

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1.26 AC lot

Build-ready lot on The Patriot Golf Course, with Site Condominium zoning and access to northern Michigan recreation.

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Riverfront Recreation Land

Parcel 1 Parcel 1 Sawmill Trail, Grayling, MI 49738

$335,000

Wooded, dry riverfront land with an elevated ridge and C3 zoning for private cabins and home-office use.

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Lakefront Land with Bunkhouse

3500 Borchers Way, Grayling, MI 49738

$475,000

3.10 AC lot

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

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Wooded Lot Near Grayling Amenities

Helen Drive lot: 31, Grayling, MI 49738

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0.52 AC lot

Beautiful wooded 0.52 acre building site close to town.

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Residential Development Lot

Lot 16 Northwood, Grayling, MI 49738

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0.50 AC lot

A half-acre residential lot in Northwood Estates with underground gas, electric, and high-speed internet already installed.

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Wooded Building Site in Grayling

Helen Drive lot: 31, Grayling, MI 49738

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0.52 AC lot

Wooded lot near town with utilities and paved road.

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Partially Cleared Land Near Grayling

7860 S Grayling Road, Grayling, MI 49738

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2.18 AC lot

2.18 acres near Grayling, Michigan, with electricity hook-up available.

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Land Near Lake Margrethe Access

Battalion Blvd, Grayling, MI 49738

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0.34 AC lot

Land with building site near Lake Margrethe public access.

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Residential Lots in Northwood Estates

Northwood Drive lot: 13, Grayling, MI 49738

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0.49 AC lot

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

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Commercial

Parcel 1 Parcel 1 Thundermug Road, Grayling, MI 49738

$595,000

Waterfront Land

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Residential Lots in Northwood Estates

Northwood Drive lot: 11, Grayling, MI 49738

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0.46 AC lot

Residential lots with utilities near schools and shopping.

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Recreational Land with Cabins

Grayling, MI 49738

$89,900

Two cabins, additional outbuildings, and a wooded setting bordering state land support a four-season recreational use.

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Residential Lots in Northwood Estates

Northwood Drive lot: 5, Grayling, MI 49738

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0.50 AC lot

Available lots with utilities in Grayling, Michigan.

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Recreation Land for North Getaway

Grayling, MI 49738

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Buildable recreation land within a member amenities community and water-adjacent to Big Creek branches.

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Residential Lots in Grayling Township

Northwood Drive lot: 4, Grayling, MI 49738

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0.50 AC lot

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

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Grayling, MI Land Market Trends and Statistics

Explore 92 land for sale in Grayling, MI, showcased through 92 active listings on our real estate platform. These investment opportunities span a total of 8,729,424 square feet of properties for sale, with an estimated market value of $4,641,200.

Sale prices for lots in Grayling, MI start at $39,900, averaging $160,041, and reaching up to $595,000 — 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

Commercial property segments ranked by active listings on the market

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 average listing prices of real estate assets

Neighborhood	Average Price
49738	$44.3K

Taxes & Financing

Tax Rate (average for all types) 2.14%

Property Tax per SF $79.70 per SF

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Crawford County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Crawford County

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