Land for Sale in Traverse City, Michigan

N Garfield Woods Dr Traverse City, MI 49686

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$2,950,000
8.35 acres
Active sale agoEst $21,144/mo

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!

Directions

From Garfield and Airport Road intersection, head south and the property is on the East side of the road across from Manitou Woods.

Property details

Coordinates
44.7234, -85.5949
School District
Traverse City Area Public Schools
Zoning
Residential, Multi-Family, Special Use
Elevation
656 feet
MLS Number
TAAR 1925421
Date Posted

This 8.35-acre property is located at N Garfield Woods Dr in Traverse City, MI 49686 with latitude 44.7234 and longitude -85.5949. The property is currently available for sale for $2,950,000 with a price per acre of $353,293. Listing data is sourced from Northern Great Lakes Realtors MLS # 1925421.

Verify sale details at the property source or contact Real Estate One at (231) 946-4040.

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Copyright (C) 2024 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.

Updated . Checked 1 hour ago. Parcel data by Regrid.

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