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    5835 Shugart Ln Traverse City, MI 49684

    Sponsored
    For Sale
    $1,350,000

    Manufacture/Warehouse - Traverse City, MI

    Property size:
    15,000 SF
    Lot size:
    3.80 Acres
    Days on Market:
    126
    Last Refresh:
    Jan 5 at 4:06 pm

    Property Features for 5835 Shugart Ln

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Commercial
    Rooms
    Basement
    Basement Y/N
    1
    Size
    15,000 SF
    Lot size
    3.80 Acres

    Utilities

    Heating system
    Forced Air

    Building Details

    Year built
    2003
    Roof type
    Metal
    Architectural style
    Other

    Three West, LLC (231) 929-2955 [email protected]

    Listing agent Kevin Endres (231) 929-2955

    Listing date Sep 2, 2025

    MLS# 1938187 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 Manufacturing/Warehouse Facility

    This well-maintained 15,000 square foot manufacturing facility, constructed in 2003, features a Butler building design. The interior is divided into 8,250 square feet of office space and 6,750 square feet of warehouse space. The office area includes a reception/waiting room, multiple private offices, a conference room, two large open work areas, and a copy room. The warehouse is divided into two large areas and includes a 12'x14' overhead door. Situated on a 3.8 acre site, the property is located on the cul-de-sac of Shugart Lane, placing it in the commercial corridor of M 72 W. This location provides convenient access to both Traverse City and Leelanau County. The property is zoned for commercial use.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    EOT Shugart Manufacturer

    Suggested Use

    Restaurant Building Supply Wholesale Shop Gym & Fitness Auto Parts Store Kitchen & Bath Food Market Bar & Pub Storage Facility Electrical Service

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

    Location Insight

    • Map
    • Local Demand
    City
    Traverse City
    County
    Grand Traverse
    State
    Michigan
    Longitude
    -85.724523
    Latitude
    44.772517

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    FAQs

    What type of property is this?
    Manufacturing property - Well-maintained 15,000 SF manufacturing/warehouse on 3.8 acres.
    Where is this manufacturing property located?
    The property is located at 5835 Shugart Ln Traverse City, MI.
    What is the asking price?
    The asking price for this property is $1,350,000.
    What are key features of this property?
    This property features: - 15,000 sq ft manufacturing facility in a convenient location for Traverse City and Leelanau County.; - Located in the heart of the commercial corridor of M 72 W.; - Divisible into **8,250 sq ft of office space** and **6,750 sq ft of warehouse space**.
    (231) 929-2955
    Request Owner's contact information
    5835 Shugart Ln Traverse City, MI 49684
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    Traverse City, MI 49684
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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

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    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
    5835 Shugart Ln Traverse City, MI 49684
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