Property summary
This exceptional 4.57-acre commercial land parcel presents a prime development opportunity in Traverse City, Michigan. Located on TBD Nimrod Road, this property boasts 136 feet of frontage on M-37, a major thoroughfare with a daily traffic count of 14,373 vehicles, ensuring high visibility for your business. The property also offers 700 feet of frontage on Nimrod Road. Zoned CM, this versatile site allows for a wide range of uses, including retail, warehouse, light manufacturing, contractor yards, auto sales/repair, restaurants (including drive-thrus), churches, and multi-family dwellings. The land is flat and buildable, ready for immediate development. A site plan for a 7,680 square-foot warehouse is available from the seller, although the lot can accommodate a significantly larger structure. Utilities are readily accessible, including natural gas, electricity, and municipal water. The property's APN is 02-016-011-05. Furthermore, the seller is open to a potential one-parcel split, offering flexibility for buyers. This is an exceptional opportunity to capitalize on a high-traffic location and diverse zoning possibilities in a thriving Michigan market. The asking price is $335,000.
Property profile
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Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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