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Commercial Land with Multiple Uses
For Sale
$599,500

2860 S M 37, Traverse City, MI 49685

Level commercial land with municipal water at the property frontage and support for retail, wholesale, and light industrial uses.

Property SizeContact for details
Days on Market266

Property Features for 2860 S M 37

General Information

Standard status Active
Property subtype Land
Listing Agency: James A Schmuckal, REALTOR
Listed By: James Schmuckal · License #6504075391
Source: Exprealty
Added: Dec 9, 2025 Changed: Aug 30 Last Checked: Aug 31 at 6:18PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of James A Schmuckal, REALTOR

Investment Insights

Based on property information with market context.

This commercial land parcel provides approximately 4.25 usable acres, with a level site, sandy soils, and a treed area along the rear. The property measures 330 feet wide by 560 feet deep from a 100-foot right of way. An older home remains on the site, but it is excluded from the property’s represented value and is not warranted by the seller.

Located at 2860 S M 37 in Traverse City, the parcel has a municipal water main in front. Its two zoning designations allow retail, commercial, wholesale, and light industrial uses, providing a range of development options within the stated land-use framework.

Key Highlights

  • Approximately 4.25 usable acres, more or less
  • 330 ft wide x 560 ft deep from the 100 ft Right of Way
  • Level land with sandy soils and some trees at the rear

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Real Estate Agency Law Firm Hair Salon Locksmith (Bike/Boat/Book/etc) Store Butcher

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

Location Intelligence

Trade Area within ½ mile

135
Businesses Nearby

Demographics for 49685, MI

20,856
Population
9,395
Households
2.2
Avg Household Size
40
Median Age
38%
College-Educated
95%
High-School Grad
54.2 sq mi
ZIP Area
385
Density / Sq Mi
$82,639
Median Household Income
$45,783
Median Earnings
$1,338
Median Rent
$309,200
Median Home Value

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
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Frequently Asked Questions

What type of property is this?
Commercial land - Level commercial land with municipal water at the property frontage and support for retail, wholesale, and light industrial uses.
Where is this commercial land located?
The property is located at 2860 S M 37 Traverse City, MI.
What is the asking price?
The asking price for this property is $599,500.
What are key features of this property?
This property features: Approximately 4.25 usable acres, more or less; 330 ft wide x 560 ft deep from the 100 ft Right of Way; Level land with sandy soils and some trees at the rear
More about this property
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