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Commercial Land with Road Frontage

2860 S M-37, Traverse City, MI 49685

For Sale
$599,500

Vacant Lot/Land, Traverse City, MI

Property SizeContact for details
Lot Size4.24 Acres
Days on Market546

Property Features for 2860 S M-37

General Information

Property type Land
Property subtype Other
Zoning Commercial,Industrial
Zoning description Commercial, Industrial
Exterior features Development Property
Lot features Level, Level
Elementary school district Traverse City Area Public Schools
Middle school district Traverse City Area Public Schools
High school district Traverse City Area Public Schools
Directions On M-37 appox 2 miles So of Chums Corner on West side of road, ( Second property North of the Blair Tn Hall Round About )
Subdivision Grand Traverse
Standard status Active
Lot size 4.24 Acres

Taxes and HOA fees

Tax Description N 1/2, of SE 1/4, of SE 1/4, of SE 1/4 , Sec 17 Blair Twp Gt Co.
Legal Description N 1/2, of SE 1/4, of SE 1/4, of SE 1/4 , Sec 17 Blair Twp Gt Co.

Utilities

Utilities Cable Available
Listing Agency: James A Schmuckal, REALTOR
Listed By: James Schmuckal · License MI #6504075391
Added: May 14, 2025 Changed: Sep 1 Last Checked: Nov 10 at 2:06PM
MLS# 1933798

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.

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This 4.24-acre commercial land parcel at 2860 S M-37 measures approximately 330 feet wide by 560 feet deep from a 100-foot right of way. The level site has sandy soils, with trees concentrated toward the rear. An older home remains on the property; it is not assigned value, and the seller provides no warranty for it.

Zoning is identified as both Commercial and Industrial, with stated allowance for retail, commercial, wholesale, and light industrial uses. A municipal water main is located along the frontage, and cable is available. The property is in Traverse City, Michigan, within Grand Traverse County.

Key Highlights

  • 4.24‑acre commercial land parcel
  • Approximately 330 ft wide by 560 ft deep from a 100 ft right of way
  • Commercial and Industrial zoning

Property Analytics

Lease Details

Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

60
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

Average Price Trend$/SF for Commercial land in Traverse City, MI

$215 Jul
$217 Aug
$220 Sep
$175 Oct

Properties on Market for Commercial land in Traverse City

Jul
Aug
Sep
Oct

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

Frequently Asked Questions

What type of property is this?
Commercial land - Level, partially treed site with sandy soils and a municipal water main along the property frontage.
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: 4.24‑acre commercial land parcel; Approximately 330 ft wide by 560 ft deep from a 100 ft right of way; Commercial and Industrial zoning
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