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Industrial Zoned Land Parcel
For Sale
$194,900

Business Park Drive, Traverse City, MI 49686

Vacant Lot/Land, Traverse City, MI

Property SizeContact for details
Lot Size2.05 Acres
Days on Market184

Property Features for Business Park Drive

General Information

Property type Land
Property subtype Other
Zoning Commercial,Industrial
Zoning description Commercial, Industrial
Lot features Level, Hardwoods, Cleared, Wooded, Evergreens, Level, Hardwoods, Cleared, Wooded, Evergreens
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 From Parsons Rd, turn right onto N Three Mile Rd then left onto Business Park Drive. Parcel is on the left.
Subdivision Grand Traverse
Standard status Active
Lot size 2.05 Acres

Taxes and HOA fees

Tax Description Lengthy legal - see associated documents
Tax Annual Amount 3601
Legal Description Lengthy legal - see associated documents
Listing Agency: REMAX Bayshore - West Shore Dr TC · RE/MAX International
Listed By: Robert Brick · License #6502134537
Added: Feb 18 Changed: Aug 19 Last Checked: Aug 21 at 12:06AM
MLS# 1942347

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 property is a vacant, level industrial land parcel totaling approximately 2.05 acres. It is positioned for development with a build-to-suit approach, offering flexibility for planned commercial or industrial improvements.

The site is described as located within an established business corridor and a professional business park, with convenient access to major roadways. The property is zoned for Commercial, Industrial use, supporting a range of industrial-oriented development plans.

No existing structures are identified on the parcel, making it a straightforward candidate for new construction based on an approved development plan under the applicable Commercial, Industrial zoning.

Key Highlights

  • 2 acres of vacant industrial‑zoned land at 1585 Business Park Drive (Traverse City)
  • Level parcel suited for warehouse, manufacturing, contractor operations, or commercial development
  • Located within an established business corridor and a professional business park

Property Analytics

Current Use

Industrial land

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

71
Businesses Nearby

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

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
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?
Industrial land - Vacant, level industrial-zoned land totaling about 2 acres, suitable for a build-to-suit commercial or industrial development.
Where is this industrial land located?
The property is located at Business Park Drive Traverse City, MI.
What is the asking price?
The asking price for this property is $194,900.
What are key features of this property?
This property features: 2 acres of vacant industrial‑zoned land at 1585 Business Park Drive (Traverse City); Level parcel suited for warehouse, manufacturing, contractor operations, or commercial development; Located within an established business corridor and a professional business park
More about this property
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