This is an incredible opportunity for a developer interested in constructing an 84 unit apartment or condo development in Traverse City - all of the preliminary work is DONE! This property and owner has ALL permits, building and site plans, engineering, and approvals in hand to begin work right away - it is truly shovel ready! The rental market continues to have immense needs in Traverse City, and this is a phenomenal opportunity to begin building on day one. With over 8 acres, lots of frontage on Garfield Road, access to shopping, the airport, Costco and others within a mile, and over 100 acres of conservancy property and Mitchell Creek Nature Sanctuary adjacent to this property, there are so many pluses. Inquire about development options, and get started on your legacy property!
For sale
$2,950,000
0 N Garfield Woods Dr, Traverse City, MI 49686
--beds
--baths
--sqft
Est.:
Multi Family
Built in 2023
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Frontage on garfield road
- 211 days
- on Zillow |
- 102 |
- 1 |
Zillow last checked: 7 hours ago
Listing updated: May 15, 2025 at 11:09pm
Listed by:
Blake Bernard Cell:231-714-4787,
REO-TCRandolph-233022 231-946-4040
Source: NGLRMLS,MLS#: 1930061

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Heating
- Floor Furnace
Cooling
- Electric
Appliances
- Included: None
Features
- Other, Cable TV, High Speed Internet
- Has fireplace: Yes
- Fireplace features: Other
Interior area
- Total structure area: 0
Property
Parking
- Parking features: Other
Accessibility
- Accessibility features: None
Features
- Exterior features: Other
- Has view: Yes
- View description: Countryside View
- Waterfront features: None
Lot
- Size: 8.04 Acres
Details
- Additional structures: Other
- Parcel number: 05-130-003-00
- Zoning description: Planned Unit Development
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Townhouse
- Property subtype: Multi Family
- Attached to another structure: Yes
Materials
- Frame, Vinyl Siding
- Foundation: Slab
- Roof: Asphalt
Condition
- New construction: No
- Year built: 2023
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Common Area
- Subdivision: Fox Run LLC
Location
- Region: Traverse City
Financial & listing details
- Price range: $3M - $3M
- Date on market: 1/13/2025
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,New Construction
- Ownership type: Corporation
- Lease term: Other
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