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    Waterfront Duplex with Two Cottages
    Updated: Sep 2
    Waterfront Duplex with Two Cottages

    4256 N Spider Lake Road, Traverse City, MI 49696

    $720,000
    1,456 sqft 0.43 AC lot
    Two separate cottages totaling 1,456 square feet on 0.43 acres
    One‑bedroom, one‑bath and two‑bedroom, one‑bath cottage configurations
    Spider Lake waterfront with sandy beach and lake frontage
    Township Cabin Court designation exempts property from local short‑term rental restrictions
    Larger cottage includes a sunroom and lakeside deck
    View details
    Rezoned Multifamily Development Land
    Updated: Jan 27
    Rezoned Multifamily Development Land

    2624 Hartman Road, Traverse City, MI 49685

    $740,000
    900 sqft 5.25 AC lot
    Recently rezoned to R‑3 with estimated capacity for 20–24 units for apartment options (see associated documents for drawings/potential).
    Private water source; well and septic are currently installed.
    Municipal services are very close by.
    Renters currently occupy the property; showing required via Realtor with Showingtime.
    Located in Garfield township, just minutes to everything TC has to offer.
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    Development Land with Dual Road Frontage
    Development Land with Dual Road Frontage

    1795 Cass Road, Traverse City, MI 49685

    $1,850,000
    22.42 AC lot

    A 22.42-acre agricultural-zoned parcel with dual frontage and multiple ingress/egress points on Cass Rd and Hartman Rd.

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    See what stands out in Grand Traverse County

    We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

    We check every listing here. A few are worth a second look.

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    To-Be-Built Aviation Hangar Suites
    To-Be-Built Aviation Hangar Suites

    3-1218 Boon St, Traverse City, MI 49686

    $532,000
    2,800 sqft

    Co-op hangar units are being built with insulation, heat, epoxy floors, and LED lighting, sized for general aviation.

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    Commercial Land with Build-to-Suit
    Commercial Land with Build-to-Suit

    1434-1442 Trade Centre Drive, Traverse City, MI 49684

    $250,000
    0.04 AC lot

    Level commercial site with commercial and industrial zoning, cable availability, and build-to-suit potential.

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    Light Industrial Development Site
    Light Industrial Development Site

    1448-1456 Trade Centre Drive, Traverse City, MI 49684

    $250,000
    0.05 AC lot

    Light industrial zoning supports warehousing, contractor, wholesale, and limited retail uses.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Inland Waterfront-Access Building Lot
    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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    Old Mission Peninsula Agricultural Opportunity
    Old Mission Peninsula Agricultural Opportunity

    Traverse City, MI 49686

    $2,500,000
    1,200 sqft 90.00 AC lot

    90 acres with vineyard, orchard, and residential potential.

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    Agricultural Development Parcel with Dual Frontage
    Agricultural Development Parcel with Dual Frontage

    1795 Cass Road, Traverse City, MI 49685

    $1,850,000
    22.42 AC lot

    Versatile agricultural parcel with public road access and dual ingress points on Cass Road and Hartman Road.

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    Commercial Land with Cabins
    Commercial Land with Cabins

    1470 US-31 N, Traverse City, MI 49686

    $499,000
    1,000 sqft 0.66 AC lot

    Regional Business zoning supports office, retail, and rental uses.

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    Retail Building Site in Traverse
    Retail Building Site in Traverse

    3560 Marketplace Cir, Traverse City, MI 49684

    $790,000
    1.18 AC lot

    1.18 acre retail building site in major shopping destination.

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    Private Waterfront Land Parcel
    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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    Vineyard Property With Bay Views
    Vineyard Property With Bay Views

    Nelson Road, Traverse City, MI 49686

    $450,000
    11.63 AC lot

    Established vines, private-road access, and agricultural protections support vineyard, farm, or residential use.

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    Commercial Land with Pole Building
    Commercial Land with Pole Building

    8967 E Bingham Rd, Traverse City, MI 49684

    $295,000
    1,200 sqft 2.00 AC lot

    Commercially zoned corner parcel with a 1,200 SF pole building and a level area along Bingham Road.

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    Agricultural Land with Heated Pole Barn
    Agricultural Land with Heated Pole Barn

    Strait Road, Traverse City, MI 49685

    $699,000
    18.38 AC lot

    Improved with a heated, insulated pole barn featuring electric service, water, and private well and septic.

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    Industrial Pad Site with Utilities
    Industrial Pad Site with Utilities

    1448-1456 Trade Centre Drive, Traverse City, MI 49684

    $489,500
    0.08 AC lot

    Municipal sewer and water are available, with industrial zoning and build-to-suit capability.

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    Level Commercial Development Lot
    Level Commercial Development Lot

    1-Unit 1 Lafranier Rd, Traverse City, MI 49686

    $185,000
    1.00 AC lot

    A level commercial lot in Traverse City suited for retail, office, service, or mixed-use development.

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    Farmland with Barndominium
    Farmland with Barndominium

    11751 Center Road, Traverse City, MI 49686

    $2,500,000
    90.00 AC lot

    Four contiguous parcels combine cultivated acreage, wooded terrain, farm improvements, and residential development potential.

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    Zoned Industrial Corner Development Lot
    Zoned Industrial Corner Development Lot

    1133 Carver St, Traverse City, MI 49686

    $800,000
    0.72 AC lot

    Fenced corner industrial lot zoned for industrial development on 0.722 acres.

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    Cleared Development Land for Multi-Family
    Cleared Development Land for Multi-Family

    5175 Sawyer Woods Drive, Traverse City, MI 49685

    $735,000
    14.56 AC lot

    Nearly 15 acres of level, cleared land across four parcels with utilities and an approved 10-unit condo plan.

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    Multi-Access Development Parcel
    Multi-Access Development Parcel

    1795 Cass Rd, Traverse City, MI 49685

    $1,850,000
    22.42 AC lot

    A development-ready agricultural parcel with dual road frontage and multiple ingress/egress points on two public roads.

    View details
    Multifamily Land Opportunity
    Multifamily Land Opportunity

    2624 Hartman Road, Traverse City, MI 49685

    $740,000
    5.25 AC lot

    5.25-acre parcel in Garfield Township with a permitted R-3 rezoning and existing well and septic.

    View details
    Waterfront Land Parcel
    Waterfront Land Parcel

    Traverse City, MI 49686

    $3,500,000
    5.00 AC lot

    Build on a raised knoll with extensive private shoreline and uninterrupted water views.

    View details
    Private Rolling Land Parcel
    Private Rolling Land Parcel

    E Bingham Valley Drive lot: 1 & 3, Traverse City, MI 49684

    $249,000
    4.42 AC lot

    4.42-acre parcel with mature trees, multiple build sites, and a well already installed for a private residence.

    View details

    Traverse City, MI Land Market Trends and Statistics

    Explore 319 land for sale in Traverse City, MI, showcased through 319 active listings on our real estate platform. These investment opportunities span a total of 44,573,416 square feet of properties for sale, with an estimated market value of $123,817,940.

    Sale prices for lots in Traverse City, MI start at $39,900, averaging $428,435, and reaching up to $3,999,000 — 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

    Residential land & home lots 163
    Commercial land 61
    Waterfront Land 53
    Industrial land 20
    Agricultural land / Farmland 18

    Demographics Overview

    Population 78K
    Population Growth (5Y) -35.5%
    Median Household Income $78,889
    College Educated 59.4%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    49696 $231.3K
    49685 $258.2K
    49684 $484.7K
    49686 $737.8K

    Taxes & Financing

    Tax Rate (average for all types) 4.34%
    Property Tax per SF $71.64 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Grand Traverse County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

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

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    Most Searched ZIP Codes in Traverse City, MI

    • 49684
    • 49686
    • 49685
    • 49696

    Featured Traverse City Real Estate Agencies

    Realmo connects you with licensed Traverse City CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

    Re/max Bayshore Properties
    500 South Union St. Traverse City, MI 49684
    Phone: 12319415600
    Keller Williams Northern Michigan
    830 E. Front Street, Suite 110 Traverse City, MI
    Phone: 12319478200

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