$500,000 Price Analysis   ♡   Traverse City, MI 49684 Unknown bed 0 bath unknown SqFt ($0/SqFt) 0.45 acre lot. Listed 2024-02-14, Taxes $5,250 | Ⓧ USDA Ineligible due to property near Traverse City |
Prime development parcel located right next to Munson Medical Center.
This prperty is approximately 0.5 acres in size and has been used as a parking lot for m any years (can accommodate up to 42 vehicles). With municipal water and sewer, this parcel is perfect for a multifamily development, medical office development, continued use as a parking lot or many other uses allowed under H-1 zoning. Bring your ideas and take advantage of this excellent location!
Sale of this property is contingent on sale of 224 Circle Dr (MLS #185177). Seller will entertain offers on 103 S Madison St lot but reserves the right to wait until 224 Circle Dr is sold prior to selling 103 S Madison St lot.
Presented by Alex Mackenzie at
Coldwell Banker Schmidt-522.
Property MLS #1919309 from NGLRMLS
Development Property
Roads: Public Maintained, Blacktop
Cleared
Corner Lot
Lot Description: Level, Cleared, Corner Lot
Lot Size Acres: 0.45
Lot Size Dimensions: approx 182' x 107'
Lot Size Square Feet: 19602
Map directions Map directions Map directions Map directionsSource Listing Status: Active
County: Grand Traverse
Directions: West on Front St from Downtown Traverse City, left on S Madison St, property will be on your left
Ownership: Corporate Owned
Source Property Type: Vacant Lot/Land
Township: Traverse City
Zoning: Residential, Multi-Family
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $unknown + $unknown $183,100 | $5,250 |
| 2021 | $unknown + $unknown $172,900 | $5,123 |
| 2020 | $unknown + $unknown $151,300 | $5,067 |
| 2019 | $unknown + $unknown $148,900 | $5,025 |
| 2006 | $unknown + $unknown $77,110 | $3,476 |
| 2006 | $unknown + $unknown $77,110 | $3,476 |
| 2006 | $unknown + $unknown $109,700 | $3,476 |
| 2006 | $unknown + $unknown $109,900 | $3,476 |
| 2006 | $unknown + $unknown $110,100 | $3,476 |
| 2006 | $unknown + $unknown $122,400 | $3,476 |
| 2006 | $unknown + $unknown $142,900 | $3,476 |
| 2006 | $unknown + $unknown $148,500 | $3,476 |
| 2006 | $unknown + $unknown $148,500 | $3,476 |
$500,000
NGLRMLS
Natural Gas
Telephone
Cable TV
Cable Internet
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.