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    135 Us-31 S Traverse City, MI 49685

    Sponsored
    For Sale
    $1,200,000

    Vacant Lot/Land - Traverse City, MI

    Lot size:
    6.55 Acres
    Days on Market:
    96
    Last Refresh:
    Jan 10 at 11:06 am

    Property Features for 135 Us-31 S

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Commercial
    Exterior features
    None
    Lot size
    6.55 Acres

    Building Details

    Architectural style
    Other

    Three West, LLC (231) 929-2955 [email protected]

    Listing agent Kevin Endres (231) 929-2955

    Listing date Oct 7, 2025

    MLS# 1930193 Listing URL

    Copyright © 2026 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

    Development-Ready Land on US-31

    This development-ready property, situated at 135 US 31 S in Traverse City, MI, presents a commercial investment opportunity. The site features 300 feet of frontage on US 31 and is zoned C-M, which may be suitable for land or retail development. The location benefits from a high traffic volume of 25,600 vehicles per day, enhancing visibility and accessibility. Located in the Traverse City area, the 6.55-acre parcel offers potential for strategic investment in a growing market.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Traverse City
    County
    Grand Traverse
    State
    Michigan
    Longitude
    -85.655385
    Latitude
    44.683904

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    FAQs

    What type of property is this?
    Commercial land - Prime Traverse City land with high traffic and commercial zoning.
    Where is this commercial land located?
    The property is located at 135 Us-31 S Traverse City, MI.
    What is the asking price?
    The asking price for this property is $1,200,000.
    What are key features of this property?
    This property features: - Prime US 31 Frontage: Benefit from 300' of highly visible frontage on a major thoroughfare.; - C-M Zoning: Ideal for commercial and retail development.; - High Traffic Count: 25,600 vehicles daily, ensuring maximum exposure.
    (231) 929-2955
    Request Owner's contact information
    135 Us-31 S 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
    135 Us-31 S Traverse City, MI 49685
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