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Cleared Development Land for Multi-Family
For Sale
$735,000

5175 Sawyer Woods Drive, Traverse City, MI 49685

Vacant Lot/Land, Traverse City, MI

Property SizeContact for details
Lot Size14.56 Acres
Days on Market135

Property Features for 5175 Sawyer Woods Drive

General Information

Property type Land
Property subtype Other
Zoning Residential,Multi-Family,
Zoning description Residential, Multi-Family, Commercial, Industrial, Manufacture/Warehouse, Planned Unit Development, Storage Buildings
Lot features Level, Cleared, Level, Cleared
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 Western end of Sawyer Woods Drive
Subdivision Grand Traverse
Standard status Active
Lot size 14.56 Acres

Taxes and HOA fees

Tax Description see attached document
Legal Description see attached document

Utilities

Water front features Creek
Listing Agency: EXIT Northern Shores-TC · EXIT Realty
Listed By: Stephen Karas · License #6501387018
Added: Apr 20 Changed: Aug 19 Last Checked: Sep 1 at 10:06AM
MLS# 1944004

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.

Investment Insights

Based on property information with market context.

The offering consists of approximately 14.56 acres of level, cleared land across four parcels, ready for development. The sale includes an approved Special Use Permit for an 86,400-square-foot, 10-unit site condo development, with engineering and plans included in the transaction.

Located in Blair Township, the property is about a half-mile from US-31. The land is serviced by utilities that run east-west through the site, including electric, natural gas, and water.

This site is positioned for developers looking to move forward with a multi-family residential condo concept already approved by the township. With commercial zoning permitting a variety of uses, including residential multi-family development, the property may also support alternative residential development directions while keeping the included engineering and plans as a ready starting point.

Key Highlights

  • Nearly 15 acres across 4 parcels of level, cleared land in Blair Township
  • 86,400‑sqft / 10‑unit site condo development approved via Special Use Permit (engineering/plans included)
  • Commercial zoning allows a variety of uses, including residential multi‑family developments

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Real Estate Agency Restaurant Dental Office Law Firm Auto Repair Shop Electrical Service

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
Utilities to site

Location Intelligence

Trade Area within ½ mile

59
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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Residential land & home lot - Nearly 15 acres of level, cleared land across four parcels with utilities and an approved 10-unit condo plan.
Where is this residential land & home lot located?
The property is located at 5175 Sawyer Woods Drive Traverse City, MI.
What is the asking price?
The asking price for this property is $735,000.
What are key features of this property?
This property features: Nearly 15 acres across 4 parcels of level, cleared land in Blair Township; 86,400‑sqft / 10‑unit site condo development approved via Special Use Permit (engineering/plans included); Commercial zoning allows a variety of uses, including residential multi‑family developments
More about this property
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