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    10775 East Traverse Hwy Traverse City, MI 49684

    For Sale
    $2,750,000

    Vacant Lot/Land - Traverse City, MI

    Lot size:
    4.00 Acres
    Days on Market:
    219
    Last Refresh:
    Dec 8 at 1:06 pm

    Property Features for 10775 East Traverse Hwy

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Residential,Multi-Family,Commercial,Other,Metes and Bounds,Splits Available
    Exterior features
    None, Bay View, Countryside View, Other
    Lot size
    4.00 Acres

    Building Details

    Architectural style
    Other

    Twin Bay Properties, LLC (231) 357-7800 [email protected]

    Listing agent David Cutler (231) 357-7800

    Listing date May 4, 2025

    MLS# 1921653 Listing URL

    Copyright © 2025 Northern Great Lakes Realtors MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Traverse City Development Parcel

    This is a 4+ acre development parcel located within the city limits of Traverse City. The property is zoned C-1, which allows for a variety of uses including commercial, multi-family, and residential development. The land naturally rises to the north, potentially offering views of the bay and city. The land along M-72 (East Traverse Highway) is relatively flat, which may facilitate commercial development. City water and sewer are located on the road right-of-way, with access available for developers. This parcel is located in the rapidly developing Traverse City market.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Traverse City
    County
    Grand Traverse
    State
    Michigan
    Longitude
    -85.645159
    Latitude
    44.775591

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    FAQs

    What type of property is this?
    Commercial land - 4+ acre development parcel in Traverse City with city views.
    Where is this commercial land located?
    The property is located at 10775 East Traverse Hwy Traverse City, MI.
    What is the asking price?
    The asking price for this property is $2,750,000.
    What are key features of this property?
    This property features: - Large 4+ acre development parcel within Traverse City limits.; - Zoned C-1 allowing for commercial, multi-family, and residential uses.; - Potential for spectacular bay and city views due to elevated land.
    (231) 357-7800
    Request Owner's contact information
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    10775 East Traverse Hwy Traverse City, MI 49684
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