$5,850,000
For Sale
Browse 23 photos
Type:Purchase
Structure:Land
Zone:Residential

Description

Located on a main thoroughfare connecting lower MI to Kingsley, a fast-growing suburb of Traverse City, sits this incredible residential and industrial vacant land property consisting of 117.80 total acres! Numerous possibilities exist with opportunity for split zoning or fully industrial development. Split zoning option subject to split approval and site condo approval- listed as follows: 80-acres to be zoned R2 and priced at $4,000,000. 37-acres to be zoned light industrial, priced at $1,850,000. See Associated Documents for projected site plan and PUD plan. A 12 inch water main runs the length of the property connected to existing water tower and hydrants located throughout. With a location just minutes from every Traverse City amenity, this property is bursting with opportunities!

  • Construction Details
      • Property TypePurchase
  • Community and Neighborhood Details
      • CountyGrand Traverse
      • RegionParadise Twp
      • School DistrictKingsley
  • Other
      • MLS #78080014003

Location

Workhorse Realty LLCReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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