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1 LaFranier rd 0.98 Acres of Commercial Land Offered at $185,000 in Traverse City, MI 49686
Investment Highlights
- Surrounded by a growing consumer base and business district, fostering consistent demand for services.
- Opportunity Zone designation offers potential tax benefits to qualified investors.
- Nearly one acre of level land suitable for retail, office, or mixed-use development projects.
- Easy connection to major thoroughfares and only a short drive to Downtown Traverse City amenities.
- Located just south of South Airport Road, minutes from key retail centers and residential communities.
- Centrally located within a thriving Traverse City commercial corridor with outstanding visibility and access.
Executive Summary
Unlock the potential of this centrally located commercial lot, offering almost one full acre of level terrain. Positioned in a thriving commercial corridor with excellent access and visibility, this property is ideal for a wide range of development possibilities—retail, office, service-based businesses, or mixed-use concepts.
Property Facts
1 Lot Available
Lot
| Price | $185,000 | Lot Size | 0.98 AC |
| Price Per AC | $188,775.51 |
| Price | $185,000 |
| Price Per AC | $188,775.51 |
| Lot Size | 0.98 AC |
Unlock the potential of this centrally located commercial lot, offering almost one full acre of level terrain. Positioned in a thriving commercial corridor with excellent access and visibility, this property is ideal for a wide range of development p
Description
The property consists of approximately 0.98 acres of commercial land on LaFranier Road in Traverse City, Grand Traverse County, Michigan. It is located within an established commercial area near South Airport Road. Public water and sewer are available to the site. The terrain is level and the parcel is positioned along a local route providing regional connectivity. The area includes nearby retail uses and residential neighborhoods.
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Fairly walkable
40/100
Exceptionally drivable
100/100
Some public transit
50/100
Moderately bikeable
60/100
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