3 years on rocket

0 Zimmerman Rd, Traverse City, MI, 49685

$389,000

3.50 Acres
Land

Location

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Property Highlights

WaterfrontNone
MLS #1892885
Lot Size3.50 Acres
StatusActive

About 0 Zimmerman Rd

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 Details

Property Features

Listing Office:

  • Office Name: EXIT Realty Paramount
  • Listing Agent: Holly Hack

Exterior Features

Exterior Information:

  • Waterfront: None
  • Exterior: Development Property

Lot Features

Lot Information:

  • Lot: Cleared, Corner Lot
  • Lot Size: 3.50 Acres

Other

Directions Information:

  • Directions: Property is on the NORTHWEST corner of Zimmerman Rd and N. Long Lake Rd. (In front of the Brookside apartments).

Price Information

Listing Price Info

Price Summary:

  • List Price: $389,000
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Housing Market Comparison

See how this home compares to others in Traverse City, MI.

Med. Sold Price

$446.7K

Med. Price/SqFt

$255

Avg. Days On Market

73

# of Sold Homes

88

0 Zimmerman Rd vs Traverse City

1167 DAYS ON ROCKET

+1094 Days

$389,000

-$57.7K Less

KEY TAKEAWAY

This property is $57.7K less than the Median Sold Price in Traverse City, MI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: TAAR
  • MLS Number: #1892885

Listing Office:

  • Office Name: EXIT Realty Paramount
  • Listing Agent: Holly Hack

Copyright © 2024 Northern Great Lakes REALTORS® MLS™ All Rights Reserved. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/21/2024, 2:20:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$2,009

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,233

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-317564
4
/10
  • Silver Lake Elementary School

  • 5858 Culver Rd

  • 2.24 miles

  • Public District Grades PK-5

school-card-donut-317565
5
/10
  • Long Lake Elementary School

  • 7600 N Long Lake Rd

  • 2.91 miles

  • Public District Grades PK-5

school-card-donut-317566
7
/10
  • Central Grade Elementary School

  • 301 7th St

  • 3.42 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $67,344. Typical income of Traverse City, MI residents is between $35k-100k annually. Residents typically live in married, no kids family. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 0 Zimmerman Rd

What is the listing price of this property?

The listing price of 0 Zimmerman Rd property is $389,000.

What type of property is this?

The property 0 Zimmerman Rd is land located in Traverse City, Michigan, 49685.

Is this property for sale now?

Active Listing: 0 Zimmerman Rd is For Sale (Active/New) which means the seller is accepting offers.

How much acreage is this property?

The property 0 Zimmerman Rd is 3.50 acres.
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Rocket HomesMichiganGrand Traverse CountyTraverse City496850 Zimmerman Rd

This home is located at 0 Zimmerman Rd in Traverse City, MI and zip code 49685. This home sits on a 3.50 acre lot. It has been listed on Rocket Homes since September 11, 2021 and is currently priced at $389,000.

Over 19 listings were sold over their listed price in October 2024 in Traverse City, MI. In the same period over 41 listings were sold below the listed price and 23 listings were sold for the listed price. Between September 2024 and October 2024, Traverse City, MI real estate market has seen increase in the number of listings by 5.3%. The median list price of listings available in October 2024 was $446,781, while the average time on the real estate market was 73 days.

From Rocket Homes Real Estate and based on county public records data.

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