Listing Agency: REO-TCRandolph-233022

Listed By: Dewayne Kirkman Show Phone

Source: Metrodetroithomeguide

Added: Mar 26, 2025 Changed: Oct 1 Last Checked: Oct 19 at 7:16AM

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Investment Insights

Based on property information with market context.

This offering is a residential development land parcel featuring a dramatic view of the bays, city, hills, and beyond. The property includes a mix of hardwoods, rolling hills, pines, and meadows, providing varied terrain for future planning. A feasibility site plan is available for review.

The site offers convenient access off of Hammond Rd, with proximity to town, shopping, restaurants, and the beach.

BikeScore is 29 and WalkScore is 9, indicating car-dependent access for day-to-day travel.

Key Highlights

• Residential development land with dramatic bay and city views
• Hardwoods, rolling hills, pines, and meadows across the property
• Easy access off Hammond Rd

Property Analytics

Suggested Use

Top Pick Real Estate Agency HVAC Service Furniture & Home Goods Grocery & Convenience Store (Bike/Boat/Book/etc) Store Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes

Paved road access

Location Intelligence

Trade Area within ½ mile

34

Businesses Nearby

Explore this area Business Placement

Demographics for 49686, MI

25,859

Population

13,261

Households

2

Avg Household Size

45

Median Age

46%

College-Educated

95%

High-School Grad

47.3 sq mi

ZIP Area

547

Density / Sq Mi

$71,198

Median Household Income

$40,373

Median Earnings

$1,209

Median Rent

$295,500

Median Home Value

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Frequently Asked Questions

What type of property is this?

Residential land & home lot - Residential development land with a dramatic bay and city view, accessed via Hammond Rd.

Where is this residential land & home lot located?

The property is located at 000 E Hammond Traverse City, MI.

What is the asking price?

The asking price for this property is $500,000.

What are key features of this property?

This property features: Residential development land with dramatic bay and city views; Hardwoods, rolling hills, pines, and meadows across the property; Easy access off Hammond Rd