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!
* This payment calculator is intended for educational and planning purposes only. ** Assumes 6.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange ("IDX") program of Northern Great Lakes REALTORS MLS. All information is provided exclusively for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.
