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    700 E Hammond Rd Traverse City, MI 49686

    For Lease
    $16 SF/Yr ($4,256 /Mo)

    Medical/Dental,Office Building - Traverse City, MI

    Property size:
    3,192 SF
    Lot size:
    21.75 Acres
    Days on Market:
    587
    Last Refresh:
    Dec 14 at 2:06 pm

    Property Features for 700 E Hammond Rd

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Commercial
    Size
    3,192 SF
    Lot size
    21.75 Acres

    Utilities

    Heating system
    Forced Air
    Cooling system
    Central Air

    Building Details

    Year built
    2004
    Building materials
    Brick
    Roof type
    Membrane
    Architectural style
    Other

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

    Listing agent Kevin Endres (231) 929-2955

    Listing date May 7, 2024

    MLS# 1921781 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

    Class A Professional Office Space

    This Class A professional office building offers multiple office configurations. Located off Hammond Road in East Bay Township, it is situated in the Auto-Owners Insurance Regional HQ building, just south of Downtown and the Airport. The property, spanning 21.75 acres, features landscaping and ample parking for both employees and clients. The available office space is 3192 square feet. The lease rate is a modified gross rate, with the tenant responsible for rent plus a $2.05/SF utility charge. The owner may consider a partial build-out allowance for leases with a term of 5 years or longer. The property is zoned commercial and suitable for medical, dental, or general office use.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Inspire Autism Child Health Care Centre Auto-Owners Insurance Traverse ... Insurance Company

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Hair Salon Gym & Fitness Pharmacy Auto Parts Store Department Store Storage Facility

    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
    -85.564133589935
    Latitude
    44.714136612282

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    FAQs

    What type of property is this?
    Office building - Professional office building with multiple configurations in Traverse City, MI.
    Where is this office building located?
    The property is located at 700 E Hammond Rd Traverse City, MI.
    What is the lease rate?
    The lease rate is $16 SF/Yr.
    What are key features of this property?
    This property features: - Class A professional office building.; - Located in the Auto-Owners Insurance Regional HQ building.; - Ample parking for employees and clients.
    (231) 929-2955
    Request Owner's contact information
    700 E Hammond Rd 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
    700 E Hammond Rd Traverse City, MI 49686
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