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Agricultural Land Along M-72

E TRAVERSE HIGHWAY, Traverse City, MI 49684

For Sale
New
$450,000

ELMWOOD TWP, MI

Property SizeContact for details
Days on Market2

Property Features for E TRAVERSE HIGHWAY

General Information

Property type Land
Property subtype Other
Standard status Active
Listing Agency: Schmidt Realtors · Coldwell Banker Real Estate
Listed By: Mark Hagan · License MI #6506006708
Added: Nov 10 Last Checked: Nov 11 at 1:06AM
MLS# 78080075270

Copyright © 2026 Coldwell Banker Schmidt REALTORS. 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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Investment Insights

Based on property information with market context.

This agricultural land parcel contains 13.28 gross acres, with an existing easement reducing the site to approximately 9.84 net acres. The terrain is level and elevated, and the property is zoned Agricultural (Rural).

The parcel fronts M-72 West, also known as E Traverse Highway, and is 3 miles from downtown Traverse City. It is located in Leelanau County, with an Elmwood Township address.

Key Highlights

  • 13.28 gross acres; approximately 9.84 net acres after an existing easement
  • Frontage along M‑72 West, also known as E Traverse Highway
  • 3 miles from downtown Traverse City

Location Intelligence

Trade Area within ½ mile

24
Businesses Nearby

Demographics for 49684, MI

22,025
Population
10,959
Households
2
Avg Household Size
49
Median Age
46%
College-Educated
96%
High-School Grad
52.8 sq mi
ZIP Area
417
Density / Sq Mi
$75,678
Median Household Income
$39,553
Median Earnings
$1,216
Median Rent
$375,700
Median Home Value

Market

Properties on Market for Agricultural land / Farmland in Traverse City

Jul
Aug
Sep
Oct

Frequently Asked Questions

What type of property is this?
Agricultural land / Farmland - Agricultural (Rural) zoning and proximity to Traverse City shape the parcel’s rural land-use profile.
Where is this agricultural land / farmland located?
The property is located at E TRAVERSE HIGHWAY Traverse City, MI.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: 13.28 gross acres; approximately 9.84 net acres after an existing easement; Frontage along M‑72 West, also known as E Traverse Highway; 3 miles from downtown Traverse City
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