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    1202 N Us-31 Traverse City, MI 49685

    For Sale
    $149,900

    Vacant Land Improved - Traverse City, MI

    Lot size:
    0.85 Acres
    Days on Market:
    85
    Last Refresh:
    Dec 8 at 6:06 pm

    Property Features for 1202 N Us-31

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Residential,Commercial,Office
    Exterior features
    None, Countryside View
    Lot size
    0.85 Acres

    Building Details

    Architectural style
    Other

    Century 21 Northland-Elk Rapids (231) 264-4500 [email protected]

    Listing agent Douglas Swartz (231) 264-4500

    Listing date Sep 15, 2025

    MLS# 1938578 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 Vacant Land Opportunity

    This 0.85-acre parcel is located just south of the Grand Traverse Mall. The site was formerly the Blue Star Highway Scenic Turnout. According to MDOT, the location sees 24,758 vehicles per day. The property offers potential views with some tree clearing and overlooks Oleson's buffalo ranch. It is zoned for residential, commercial, and office use. Permitted uses for Section 319 C-O Commercial Office are detailed in associated documents. The property could be suitable for an office site or a residential dream home. Buyers should confirm permitted uses with the Garfield Township Zoning Administrator.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Traverse City
    County
    Grand Traverse
    State
    Michigan
    Longitude
    -85.652534
    Latitude
    44.705496

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    FAQs

    What type of property is this?
    Commercial land - Land with high traffic, suitable for office or residential development.
    Where is this commercial land located?
    The property is located at 1202 N Us-31 Traverse City, MI.
    What is the asking price?
    The asking price for this property is $149,900.
    What are key features of this property?
    This property features: - High traffic location with 24,758 vehicles per day.; - Potential for great views with tree clearing.; - Suitable for commercial office or residential use.
    (231) 264-4500
    Request Owner's contact information
    1202 N Us-31 Traverse City, MI 49685
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    Traverse City, MI 49685
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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
    1202 N Us-31 Traverse City, MI 49685
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