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    300 Us-31 S Traverse City, MI 49684

    Sponsored
    For Sale
    $320,000

    Vacant Lot/Land - Traverse City, MI

    Lot size:
    1.07 Acres
    Days on Market:
    309
    Last Refresh:
    Jan 8 at 3:06 pm

    Property Features for 300 Us-31 S

    General Information

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

    Building Details

    Architectural style
    Other

    Re/max Bayshore Properties (231) 941-5600 [email protected]

    Listing agent Matthew Dakoske (231) 941-4500

    Listing date Mar 6, 2025

    MLS# 1931151 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

    Commercial Land Near Chums Corners

    This commercial land opportunity is located near Chums Corners, in an established and thriving area for businesses. The property is strategically positioned to attract a substantial customer base. Utility infrastructure is already in place, including water, electricity, and sewer connections, potentially saving time and resources in construction preparations. The surrounding area is a well-established commercial hub, offering a supportive and prosperous environment for a wide range of enterprises. This lot is suitable for a retail outlet, restaurant, office space, or other commercial endeavor. The lot size is 1.07 acres and is located in Traverse City, MI.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Traverse City
    County
    Grand Traverse
    State
    Michigan
    Longitude
    -85.656729
    Latitude
    44.682158

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    FAQs

    What type of property is this?
    Commercial land - Prime commercial land in a thriving Traverse City business area.
    Where is this commercial land located?
    The property is located at 300 Us-31 S Traverse City, MI.
    What is the asking price?
    The asking price for this property is $320,000.
    What are key features of this property?
    This property features: - Prime commercial location near Chums Corners in a thriving business area.; - Utility infrastructure (water, electricity, sewer) already in place.; - Streamlined development process due to turnkey aspect.
    (231) 590-7722
    Request Owner's contact information
    300 Us-31 S Traverse City, MI 49684
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    Traverse City, MI 49684
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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
    300 Us-31 S Traverse City, MI 49684
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