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0 Zimmerman Rd, Traverse City, MI, 49685

0beds
0baths
--sqft
$389,000
--price/sqft
$2,513/moest. monthly cost
$100,520/yrincome needed

About This Home

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.

Getting Around

22
WalkingCar-Dependent
0
TransitVery Limited Transit
29
BikeSomewhat Bikeable

Schools

8/10
Central Grade SchoolGrades PK-73.4 mi
8/10
West Senior HighGrades 9-121.5 mi
8/10
West Middle SchoolGrades 6-81.8 mi

Construction

Type & Style

  • Home type: SingleFamily
  • Property subType: Other

Interior

Basement

  • Basement:

Property

Details

  • Parcel number: 280500802230

Lot

  • Lot size: 3.50 Acres

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveVery High
  • Winter Weather
    Winter WeatherVery High
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Cold Wave
Winter Weather
Lightning
Strong Wind
Tsunami

FEMA Declared Disasters in Grand Traverse County and Michigan

Severe Ice Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,966$23,592
Home Insurance *$87$1,044
Property Taxes $272$3,264
Electricity $188$2,259
Total$2,513$30,156
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$86,160/yr
40% on housing$75,390/yr
45% on housing$67,013/yr

Michigan FAIR Plan Programs

Michigan Basic Property Insurance Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 15,981Commercial: 293
Total Premiums$13.85M
Total Exposure$2.60B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 2.8%
2.8%
0%30.0%
Electricity Growth Rate10-year average: 3.9%
3.9%
0%15.0%
Property Taxes Growth Rate2-year average: 0.7%
0.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

--This listing

vs Other Active Listings

Avg $/sqft

ZIP 49685$270
Grand Traverse County$306

vs Homes Sold Last Month

Median $/sqft

ZIP 49685$303
Grand Traverse County$238

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2025-09-02Price change$389,000
2023-02-24Listed for sale$399,900

For Sale by Agent

AgentHolly Hack
BrokerageEXIT NORTHERN SHORES REALTY

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