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    Tbd Mitten Dr Traverse City, MI 49686

    For Sale
    $1,150,000

    Medical/Dental,Office Building,Retail Store,Other - Traverse City, MI

    Lot size:
    1.74 Acres
    Days on Market:
    293
    Last Refresh:
    Dec 15 at 9:06 am

    Property Features for Tbd Mitten Dr

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Commercial
    Lot size
    1.74 Acres

    Building Details

    Roof type
    None
    Architectural style
    Other

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

    Listing agent Kevin Endres (231) 929-2955

    Listing date Feb 26, 2025

    MLS# 1927541 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

    Corner Commercial Property Near Airport

    This property presents an opportunity for development at the entrance to the Cherry Capital Airport and Costco. The Cherry Capital Airport has recorded over 700,000 passengers in a year and is expected to undergo a $120 million terminal expansion with a second concourse and 5 new gates in 2026. Excavation has commenced on the 1.74-acre lot. The zoning allows for various uses, including gas stations, drive-thrus, offices, and retail spaces. The property benefits from ingress and egress from both South Airport Road and Townline Road, with an average annual daily traffic count of approximately 16,000.
    Location Intelligence

    Current Use by Public Records

    Gas stations

    Map

    City
    Traverse City
    County
    Grand Traverse
    State
    Michigan
    Longitude
    -85.574408374405
    Latitude
    44.732877644904

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    FAQs

    What type of property is this?
    Gas station - Prime commercial property with high traffic and development potential.
    Where is this gas station located?
    The property is located at Tbd Mitten Dr Traverse City, MI.
    What is the asking price?
    The asking price for this property is $1,150,000.
    What are key features of this property?
    This property features: - Prime corner real estate at the entrance to Cherry Capital Airport and Costco.; - New zoning allows for multiple development options: **gas stations, drive-thrus, office, and retail**.; - Cherry Capital Airport is undergoing a $120 Million terminal expansion with a second concourse and 5 new gates in 2026.
    (231) 929-2955
    Request Owner's contact information
    Tbd Mitten 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
    Tbd Mitten Dr Traverse City, MI 49686
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