0 Zimmerman Road, Traverse City, MI 49685
Metes & Bounds · Grand Traverse County
Key Facts
Description
Prime Location with Endless Potential: Commercial and Residential Opportunities! Seize the opportunity to develop in a prime location! This expansive parcel, conveniently situated at the NW corner of Zimmerman Rd. and N. Long Lake Rd., offers excellent accessibility, thanks to its proximity to a traffic light. Perfect for a range of commercial applications including retail, office spaces, medical facilities, and food establishments. With a high daily traffic count of approximately 4,000 cars, your business will benefit from substantial visibility and easy access. In addition to commercial use, residential space is permitted above your proposed commercial building, provided it does not exceed 50% of the commercial building's footprint. This flexibility allows for a mixed-use development that can cater to both business and residential needs. Located in a highly sought-after area on the west side, this property is in close proximity to lakes, schools, medical facilities, and downtown, making it an ideal spot for both commercial and residential projects. Bring your plans and get ready to build! The possibilities are endless in this bustling area. Let your dreams become a reality in this vibrant and well-connected community.
Property Information
Property Type
Land
Sub-Type
Unimproved Land
Lot Size
3.50 acres
Lot Dimensions
333'x423'x414'x355'
Days on Market
1768
MLS® Listing#
1892885
Property Features
Lot Features
Community
Utilities
Sewer
Water Source
Financial Details
HOA
Yes
Assessed Value
$47,600
Parcel Number
05-008-022-40
Directions
Property is on the NORTHWEST corner of Zimmerman Rd and N. Long Lake Rd. (In front of the Brookside apartments).
Affordability Calculator
$77,800
Estimated monthly payment
$2,070/mo
Principal $311,200 · Est. interest $434,152 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Traverse City, MI
- $236,506
- Median Listing Price
- 59
- Median Days on Market
- 1,500
- Median Sq Ft
- $135
- Median Price / Sq Ft
- 13,265
- Active Listings
- This home’s price is 64% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Traverse City, MI.
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 31090 Mc Namee, Fraser City, MI | $272,500 | 3 | 2 | 2,850 |
| 4431 Burgis Avenue SE, Kentwood City, MI | $272,900 | 3 | 1 | 1,703.4 |
| 1050 Rebecca Street 18, Marshall City, MI | $273,900 | 3 | 2 | 1,631 |
| 180 E Sanborn Road, Lake City, MI | $273,900 | 3 | 3 | 1,344 |
| 2438 Columbia Road, Berkley City, MI | $273,900 | 3 | 1 | 972 |
| 17511 Monica Street, Detroit City, MI | $273,900 | 3 | 2 | 2,720 |
Moving Cost Estimate
Listing Courtesy: EXIT Northern Shores-TC