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    1230 S M-37 Traverse City, MI 49685

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    For Sale
    $765,000

    8,500 SF commercial building suitable for retail or industrial uses.

    Lot size:
    2.00 Acres

    Property Features for 1230 S M-37

    General Information

    Lot size
    2.00 Acres

    Building Details

    Year built
    1984

    Source: James A Schmuckal, REALTOR Agent James Schmuckal

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Versatile Commercial Building with Highway Visibility

    This 8,500 square foot building is suitable for many commercial, wholesale, service, and industrial uses. The property features offices, a showroom area, a shop, and a warehouse. It includes two bathrooms, several 14-foot overhead doors, and 16-foot sidewalls. The building is equipped with DTE heat, a water well, and a septic system; municipal water and sewer are available with benefit charges. Zoned C/M Commercial/Industrial, the property benefits from highway visibility and is adjacent to the back of Menards. The current business will be relocating, and possession is negotiable. The building design is usable for most any retail, wholesale, or industrial uses.
    Location Intelligence

    Current Use by Public Records

    Showrooms

    Map

    City
    Traverse City
    County
    Grand Traverse
    State
    Michigan
    Longitude
    -85.6206
    Latitude
    44.7632

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    FAQs

    What type of property is this?
    Warehouse - 8,500 SF commercial building suitable for retail or industrial uses.
    Where is this warehouse located?
    The property is located at 1230 S M-37 Traverse City, MI.
    What is the asking price?
    The asking price for this property is $765,000.
    What are key features of this property?
    This property features: - Excellent highway visibility and location adjacent to Menards.; - Versatile 8,500 sq ft building suitable for commercial, wholesale, service, and industrial uses.; - Zoned C/M Commercial/Industrial, offering flexible usage options.
    (231) 620-2260
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    1230 S M-37 Traverse City, MI 49685
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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
    1230 S M-37 Traverse City, MI 49685
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