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$ 2,950,000
Est. payment | /mo
8.04 Acres Lot
$ 2,950,000
Est. payment | /mo
8.04 Acres Lot
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
Subdivision Fox Run
MLS Listing ID 78080053459
Originating Board Aspire North REALTORS®
Lot Size 8.040 Acres
Acres 8.04
Lot Dimensions irregular
Property Description
This is an incredible opportunity for a developer interested in constructing an 84 unit apartment or condo development in Traverse City - all of the preliminary work is DONE! This property and owner has ALL permits, building and site plans, engineering, and approvals in hand to begin work right away - it is truly shovel ready! The rental market continues to have immense needs in Traverse City, and this is a phenomenal opportunity to begin building on day one. With over 8 acres, lots of frontage on Garfield Road, access to shopping, the airport, Costco and others within a mile, and over 100 acres of conservancy property and Mitchell Creek Nature Sanctuary adjacent to this property, there are so many pluses. Inquire about development options, and get started on your legacy property!
Location
State MI
County Grand Traverse
Area Garfield Twp
Zoning Commercial,Multi-Family,Residential
Building
Sewer Other/None
Water None
Schools
School District Traverse City
Others
Tax ID 280513000300
Ownership Corporate/Relocation
Acceptable Financing Cash, Conventional, Trade/Exchange
Listing Terms Cash, Conventional, Trade/Exchange
Financing Cash,Conventional,Trade/Exchange
©2025 Realcomp II Ltd. Shareholders
Listed by Blake Bernard of REO-TCRandolph-233022
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