Sold
Last Sold Price
42,688 Lot Size0.98 Acres

705 Parsons Road, Traverse City, MI 49686

LandProperty Type
0.98 acresLot Size

Description

This one acre commercial/industrial lot has a great location on Parsons Road. There are many possible commercial uses and with 240 feet of frontage your business will get plenty of exposure in this high traffic area. (The actual size of the parcel is 1.7 acres, however, after easements and setbacks there is 0.98 acre of buildable land.) Convenient location to the airport, US 31 N, the TART Trail, restaurants and hotels.This one acre commercial/industrial lot has a great location on Parsons Road. There are many possible commercial uses and with 240 feet of frontage your business will get plenty of exposure in this high traffic area. (The actual size of the parcel is 1.7 acres, however, after easements and setbacks there is 0.98 acre of buildable land.) Convenient location to the airport, US 31 N, the TART Trail, restaurants and hotels.
  • Listed by: Mark Eckhoff 231.633.0045 meckhoff@threewest.com • Three West, LLC
Listing closed: 07/11/2016 12:00 AM • Source: MiRealSource, MLS#: 1275757
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Recent comparable sales

Median sold price

$130,000

Avg days on market

69

Sale-to-list ratio

94.1%

Traverse City, MI

9 comparable properties found

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$265,000 | 1018 East 8th Street, Traverse City, MI 49686
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$265,000 | 1018 East Eighth Street, Traverse City, MI 49686
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Location

Listing Courtesy of Three West, LLC

Sold By Three West, LLC

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$3,826 per month

30 year fixed, 7.03% Interest

Principal and Interest

$667

Property Taxes

$3,159

HOA Dues

$0

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Property Information for 705 Parsons Road

Property Details

Building Information

  • Lot Size: 0.98 AC

Summary

Location and General Information
  • Directions: Located on the north side of Parsons Road, just east of Airport Access Road.
  • Latitude: 44.751092
  • Longitude: -85.578021
  • MLS Area Major: Traverse City (28021)
Taxes and HOA
  • Parcel Number: 28-51-112-014-15

Property

Lot Information
  • Lot Features: Wooded
  • Lot Size Acres: 0.98
Property and Assessments
  • Property Type: Land
Utilities
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Sewer Connected, Water Available, Water Connected
  • Water Source: Public

Property History for 705 Parsons Road

DateEvent & SourcePriceAppreciation
Jul 11, 2016

Sold

Realcomp #78001275757

$125,000—
Jul 11, 2016

Sold

MiRealSource #1275757

$125,000—
Jul 1, 2016

Contract Signed

Realcomp #78001275757

—
DateEvent & SourcePrice
07/11/2016

Sold

Realcomp #78001275757

$125,000
07/11/2016

Sold

MiRealSource #1275757

$125,000
07/01/2016

Contract Signed

Realcomp #78001275757

—

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public records

705 Parsons Road

Total Finished SqFt

12,350 SqFt

Above Grade Finished SqFt

12,350 SqFt

Stories

1

Lot Size

73,878 SqFt

Style

Light Industrial

Year Built

2019

Schools near 705 Parsons Road

This home is within Traverse City Area Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 8 to 12
Public - PK to 12
Rating
School
Distance
Eastern Elementary School
PublicPK to 5

East Middle School
Public6 to 8

Central High School
Public8 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Three West, LLC

Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. The information published and disseminated by MiRealSource is communicated verbatim, without change by MiRealSource, as filed with MiRealSource by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Copyright 2026 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.