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    1023 Business Park Dr Traverse City, MI 49686

    For Lease
    $1,750 /Mo ($9 SF/Yr)

    Educational,Manufacture/Warehouse,Medical/Dental,Office Building,Wholesale,Service,Other

    Property size:
    2,166 SF
    Lot size:
    1.18 Acres
    Days on Market:
    69
    Last Refresh:
    Dec 15 at 5:06 am

    Property Features for 1023 Business Park Dr

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Industrial,Office,Commercial
    Rooms
    Basement, Bathroom 1
    Bathrooms
    1
    Parking
    4
    Basement Y/N
    1
    Size
    2,166 SF
    Lot size
    1.18 Acres

    Utilities

    Heating system
    Forced Air
    Cooling system
    Central Air

    Building Details

    Year built
    1993
    Building materials
    Block
    Roof type
    Membrane
    Architectural style
    Other

    Square Feet (231) 929-0000 [email protected]

    Listing agent Michael Stimac (231) 929-0000

    Listing date Oct 8, 2025

    MLS# 1921140 Listing URL

    Copyright © 2025 Northern Great Lakes Realtors MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Traverse City Flex Space For Lease

    This 2,166 square foot property in Traverse City, MI, offers flexible space suitable for R&D, engineering, medical, manufacturing, warehousing, or office use. The property features a clean, heated, and air-conditioned warehouse area, complemented by office space and a bathroom. The intended use must be compatible and transparent with the adjacent medical office. Situated on a 1.18-acre lot within a business park, the property is zoned for industrial, office, and commercial activities.
    Insight Report Location Intelligence

    Current Use by Public Records

    Q-Inline (Quanta Inline ... Oil Field Equipment Supplier

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Break'N Waves, TC Travel Long Term Parking

    Location Insight

    • Map
    • Local Demand
    City
    Traverse City
    County
    Grand Traverse
    State
    Michigan
    Longitude
    -85.55629
    Latitude
    44.743839

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    FAQs

    What type of property is this?
    Warehouse - 2,166 SF flex space suitable for various commercial uses.
    Where is this warehouse located?
    The property is located at 1023 Business Park Dr Traverse City, MI.
    What is the lease rate?
    The lease rate is $9 SF/Yr.
    What are key features of this property?
    This property features: - Clean, heated, and air-conditioned warehouse space.; - Suitable for R&D, engineering, or medical use.; - Existing office and bathroom.
    (231) 929-0000
    Request Owner's contact information
    1023 Business Park Dr Traverse City, MI 49686
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1023 Business Park Dr Traverse City, MI 49686
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