Traverse City, MI
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    Traverse City, MI Land for Sale

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    176 results
    Ready-to-Build Vacant Land Parcel
    $575,000
    0.76 Acres
    Ready-to-Build Vacant Land Parcel

    1818 N US-31, Traverse City, MI 49686

    Rare vacant parcel in thriving area with exceptional development flexibility.
    • Zoned Regional Business: Offering exceptional flexibility for development.
    • High Visibility & Traffic: Located in a thriving area, surrounded by hotels and established businesses.
    • Direct TART Trail Access: Enhances walkability and usability.
    • Prime Location: Situated in East Bay Township's 'Miracle Mile'.
    • Close Proximity: Minutes from downtown Traverse City, shopping, dining, and schools.
    Updated: Apr 17
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    Traverse City 40-Acre Estate
    $3,500,000
    15,383 SF
    Traverse City 40-Acre Estate

    55 S Hope Ridge, Traverse City, MI 49696

    40-acre Traverse City property ideal for residential or commercial ventures.
    • 40‑acre property only 8 minutes from downtown Traverse City
    • Eight homes totaling over 16,000 square feet with capacity to hold over 80 guests
    • Four large barns suitable for various ventures
    • Ideal for destination wedding venue, retreat center, boutique resort, private school, or family compound
    • Blend of open fields and wooded privacy
    Updated: Apr 30
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    Traverse City Vacant Multi-Family Lot
    $740,000
    5.25 Acres
    Traverse City Vacant Multi-Family Lot

    5.25 acre lot rezoned for multi-family development.

    2624 Hartman Road, Traverse City, MI 49685

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    90 Acres on Old Mission Peninsula
    $2,500,000
    1,200 SF
    90 Acres on Old Mission Peninsula

    90-acre property with barndominium near Traverse City.

    11751 Center Road, Traverse City, MI 49686

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    Traverse City Land Opportunity
    $740,000
    900 SF
    Traverse City Land Opportunity

    Land with R-3 zoning near Traverse City.

    2624 Hartman Road, Traverse City, MI 49685

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    Development Land Near US-31
    $735,000
    14.56 Acres
    Development Land Near US-31

    14.56 acres of cleared land near US-31.

    5175 Sawyer Woods Drive, Traverse City, MI 49685

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    Residential Land Approved for Development
    $850,000
    1.93 Acres
    Residential Land Approved for Development

    1.9 acres approved for 19 residential units in Traverse City.

    000 BARNES ROAD, Traverse City, MI 49684

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    Waterfront Land on Chandler Lake
    $525,000
    1.76 Acres
    Waterfront Land on Chandler Lake

    1.76-acre waterfront property with 160 feet of private frontage.

    Traverse City, MI 49696

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    Prime Retail Building Site
    $790,000
    1.18 Acres
    Prime Retail Building Site

    1.18 acre retail site in Buffalo Ridge Marketplace.

    3560 MARKET PLACE CIRCLE, Traverse City, MI 49684

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    Premier Waterfront Land Opportunity
    $2,500,000
    0.81 Acres
    Premier Waterfront Land Opportunity

    Rare double lot with 202+ feet of sandy frontage.

    Traverse City, MI 49686

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    Waterfront Land on Old Mission
    $2,500,000
    0.81 Acres
    Waterfront Land on Old Mission

    Premier double lot with 202 feet of sandy frontage.

    14088 BLUFF ROAD, Traverse City, MI 49686

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    Waterfront Land on Chandler Lake
    $525,000
    1.76 Acres
    Waterfront Land on Chandler Lake

    1.76-acre waterfront property with 160 feet of private frontage.

    CROSS COUNTRY TRAIL, Traverse City, MI 49696

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    Vacant Land Near Traverse City
    $99,750
    3.94 Acres
    Vacant Land Near Traverse City

    Vacant land near downtown Traverse City and Mitchell Creek Preserve.

    VANDERLIP ROAD, Traverse City, MI 49686

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    Traverse City Commercial Land Opportunity
    $499,000
    1,000 SF
    Traverse City Commercial Land Opportunity

    Commercial land for sale in Traverse City, Michigan.

    1470 US-31 N, Traverse City, MI 49686

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    Retail Building Site in Traverse
    $790,000
    13,348 SF
    Retail Building Site in Traverse

    1.18 acre retail building site in Buffalo Ridge Marketplace.

    Traverse City, MI 49684

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    Traverse City Vacant Land Opportunity
    $149,900
    0.85 Acres
    Traverse City Vacant Land Opportunity

    Land with high traffic, suitable for office or residential development.

    1202 N US-31, Traverse City, MI 49685

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    Traverse City Vacant Land Parcel
    $1,200,000
    14.70 Acres
    Traverse City Vacant Land Parcel

    14.7-acre parcel near Garfield and Hammond with utility access.

    2051 N Garfield Road, Traverse City, MI 49686

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    Long Lake Waterfront Land
    $850,000
    0.30 Acres
    Long Lake Waterfront Land

    Vacant land with frontage on Long Lake, Traverse City.

    186 S Long Lake Road, Traverse City, MI 49685

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    Residential Land in Traverse City
    $117,900
    0.85 Acres
    Residential Land in Traverse City

    Vacant land with quick access to town and amenities.

    865 Wind Drift Drive, Traverse City, MI 49684

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    East Bay Township Vacant Land
    $99,750
    3.94 Acres
    East Bay Township Vacant Land

    Vacant land near Mitchell Creek Nature Preserve and Traverse City.

    Traverse City, MI 49686

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    Flat Lot in Northridge Commons
    $115,000
    0.22 Acres
    Flat Lot in Northridge Commons

    Flat lot near TART Trail and West Bay shores.

    13935 S WINDING TRAIL, Traverse City, MI 49684

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    Vacant Land in Traverse City
    $107,900
    0.93 Acres
    Vacant Land in Traverse City

    Residential land with quick access to town, beaches, and parks.

    843 Wind Drift Drive, Traverse City, MI 49684

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    Development Land with Bay Views
    $2,500,000
    42.12 Acres
    Development Land with Bay Views

    42-acre development parcel with pre-approved lots and panoramic views.

    E CARTER ROAD, Traverse City, MI 49684

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    Traverse City Commercial Vacant Land
    $287,500
    2.90 Acres
    Traverse City Commercial Vacant Land

    Commercial land near downtown Traverse City, ready for development.

    DENALI DRIVE, Traverse City, MI 49684

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    Traverse City, MI Land Investment Opportunities Market Analysis

    Explore 176 land for sale in Traverse City, MI, showcased through 176 active listings on our real estate platform. These investment opportunities span a total of 85,987 square feet of properties for sale, with an estimated market value of $19,184,900.

    Sale prices for lots in Traverse City, MI start at $100,000, averaging $1,128,523, and reaching up to $3,500,000 — 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

    Residential land & home lots 95
    Commercial land 53
    Waterfront Land 14
    Agricultural land / Farmland 12
    Industrial land 8

    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 median listing prices of real estate assets

    Neighborhood Average Price
    49685 $336.4K
    49696 $386.9K
    49684 $528.4K
    49686 $646.6K

    Taxes & Financing

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

    Listings Trend

    Total CRE Area on Market Trend

    Average Price per SF — Retail

    Average Price per SF — Office

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