Flex Warehouse with Epoxy
3047 Man Cave Lane Traverse City, MI 49685
3047 Man Cave Lane, Traverse City, MI, 49685
$145,900
For Sale
$145,900
COMMERCIAL - Traverse City, MI
Property Size1,200 SF
Price / SF$121.58
Days on Market74
Property Features for 3047 Man Cave Lane
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Parking features
- Assigned
- Exterior features
- Steel
- Standard status
- Active
- Size
- 1,200 SF
Building Details
- Building materials
- Steel, Under Construction
- Roof type
- Metal
Listing agency
Key Realty One-TC
(517) 827-2120
Listed by
Jennifer Kreta · License #6501421253
(231) 492-4062
Added: May 11 Updated: Jul 2 at 9:37AM Checked: Jul 23 at 2:06AM
MLS# 1944969
Copyright © 2026 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.
Investment Insights
Based on property information with market context.
This Borkholder craftsman custom-truss commercial building is approximately 30 feet wide by 40 feet long, with 14 feet 4 inches sidewall height. Construction includes Typar or similar guard wrap, house wrap, and a 4-mil clear polyethylene vapor barrier with additional 2-inch foam at the perimeter. The exterior is finished with Kynar 500 paint upgrade and exterior steel siding (29G Ultra Rib Max with wains coating). Interior walls are covered with white finished steel, with attic access and broadcast epoxy floors.
The property includes a 12-by-12 flat panel insulated door, 2-inch thick with an electric garage door opener, plus a commercial front access door with keypad access and Lockguard security protection. Garage door bollards are cement-filled and painted poles designed to help prevent dings and guide vehicles. A concrete slab floor includes pressure crack relief cuts and a full 4-foot owners’ apron.
Designed for temperature-controlled operation, the building is fully insulated with walls rated at R-19 and ceiling rated at R-50. The electrical service is 200-amp with a full build-out electric package and ceiling fans. Owner-managed utility meters are provided for both gas and electric, and heating is supported by a 45,000 BTU natural gas hanging unit with exhaust and a thermostat installed.
The property includes a 12-by-12 flat panel insulated door, 2-inch thick with an electric garage door opener, plus a commercial front access door with keypad access and Lockguard security protection. Garage door bollards are cement-filled and painted poles designed to help prevent dings and guide vehicles. A concrete slab floor includes pressure crack relief cuts and a full 4-foot owners’ apron.
Designed for temperature-controlled operation, the building is fully insulated with walls rated at R-19 and ceiling rated at R-50. The electrical service is 200-amp with a full build-out electric package and ceiling fans. Owner-managed utility meters are provided for both gas and electric, and heating is supported by a 45,000 BTU natural gas hanging unit with exhaust and a thermostat installed.
Key Highlights
- Custom steel commercial building under construction: 30' x 40' x 14' 4" tall
- Fully insulation construction with walls R‑19 and ceiling R‑50
- Metal roof and exterior steel siding with Kynar 500 paint upgrade and Typar/house wrap plus 4 mil clear vapor barrier
Local Financial Insights For Flex RnD
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $20.4k | $17.04 |
| − Vacancy | −$1.4k | −$1.19 |
| EGI | $19.0k | $15.85 |
| − OpEx | −$6.7k | −$5.55 |
| NOI | $12.4k | $10.30 |
1,200 SF · lease $17.04/SF/yr · vacancy 7.00% · expense 35.00%
Alternative Uses
Best Use
Flex RnD
$176.6K
$154.5K – $206.0K
NOI $12,361 @ 7.0% cap · market cap 8.47%
Second Best
Industrial
$99.9K
$87.4K – $116.6K
NOI $6,993 @ 7.0% cap · market cap 4.79%
Theoretical Best
Office A
$260.7K
$228.1K – $304.1K
NOI $18,248 @ 7.0% cap · market cap 12.51%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Flex space
Similar For Sale Nearby
FAQs
What type of property is this?
Flex space - Fully built flex warehouse with high-insulation construction, 200-amp electric, natural gas heat, and sealed epoxy flooring.
Where is this flex space located?
The property is located at 3047 Man Cave Lane Traverse City, MI.
What is the asking price?
The asking price for this property is $145,900.
What are key features of this property?
This property features: Custom steel commercial building under construction: 30' x 40' x 14' 4" tall; Fully insulation construction with walls R‑19 and ceiling R‑50; Metal roof and exterior steel siding with Kynar 500 paint upgrade and Typar/house wrap plus 4 mil clear vapor barrier
