Tbd Lone Tree Rd Traverse City, MI null
- Land
- 19.80 lot acres
Current Use by Public Records
- Land
Property Details for 0 Tbd Lone Tree Rd
- Lot size
- 19.80 lot acres
- Property type
- Land
Description
This exceptional 19.8-acre residential development opportunity is situated on the desirable west side of Traverse City, Michigan. The property, encompassing two parcels (APN: 05-007-021-00, 05-008-022-02), boasts a prime location between North Long Lake and Lone Tree Roads, conveniently accessed from Zimmerman Road. Zoned R-2, the land allows for the construction of single-family homes or duplexes, presenting significant development potential. A pre-approved site plan for a 40-home single-family development is available, offering a solid foundation for a potential project, adaptable for higher-density duplex construction. The property's proximity to downtown Traverse City amenities, the Munson Medical Center campus, and several schools (West Senior High, Long Lake Elementary, and West Middle School) enhances its appeal. It's also conveniently located adjacent to the established Lone Tree subdivision and Brookside apartments. The seller is open to selling the parcels individually. Two potential splits are available on the south parcel, and two more are planned for the north parcel in 2027. All essential utilities, including municipal water and sewer, are readily available. This is a rare opportunity to acquire a significant residential development tract in a highly sought-after area.
Value Estimations
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Traverse City
- County
- Grand Traverse
- State
- Michigan
- Longitude
- -85.6754
- Latitude
- 44.7521