Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    5811 Storage Loop Dr Traverse City, MI 49685

    For Sale
    $299,400

    Storage site condominium development with commercial zoning and easy access.

    Building Details

    Year built
    2025

    Source: Century 21 Northland Agent Mary Rollert

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

    Overview

    Silver Lake Storage Condominium Development

    Silver Lake Storage Barns is a storage site condominium development featuring pole barn construction with steel exterior panels. The property is located just off of US 31 and West Silver Lake Road, offering easy access. Each unit measures 48 x 80 feet and features 16-foot metal side walls, along with two 16' x 16' insulated overhead doors and a shingled roof. A 5-foot concrete apron provides approach. Each unit includes a 30 AMP outlet, natural gas, water, and development septic. Future bath is rough plumbed. An extra wide asphalt driveway provides ample space. The property is commercially zoned, making it suitable for personal or business storage needs.
    Location Intelligence

    Current Use by Public Records

    Self storage facilities

    Suggested Use

    Restaurant Law Firm Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness

    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
    -85.6206
    Latitude
    44.7632

    Nearby Similar for Sale

    • $4,240,000
      11,807 SF

      Traverse City Bed & Breakfast

      Legacy property with 9 bedrooms, 15 bathrooms, and carriage house.
      230 Wellington St, Traverse City, MI 49686
      View Details
    • $1,250,000
      5,545 SF

      Traverse City Adult Foster Care

      Adult foster care/nursing home with 12 private bedrooms included.
      5840 Culver Rd, Traverse City, MI 49685
      View Details
    • $3,500,000
      10,404 SF

      Four-Season Resort in Traverse City

      40-acre resort with lodging, dining, recreation, and event hosting.
      6841 Brown Bridge Rd, Traverse City, MI 49696
      View Details
    • $1,890,000
      3,464 SF

      Historic Traverse City Building Opportunity

      Unique property in prime location for business and residential use.
      601 Randolph St, Traverse City, MI 49684
      View Details
    • $1,499,000
      11,486 SF

      Traverse City Medical/Office Building

      11,486 SF medical/office building near Munson Hospital.
      5123 N Royale Dr, Traverse City, MI 49684
      View Details
    • $1,100,000
      3,144 SF

      Three Downtown Traverse City Homes

      Three income-producing properties in downtown Traverse City.
      637 E 8Th St, Traverse City, MI 49686
      View Details

    FAQs

    What type of property is this?
    Self storage facility - Storage site condominium development with commercial zoning and easy access.
    Where is this self storage facility located?
    The property is located at 5811 Storage Loop Dr Traverse City, MI.
    What is the asking price?
    The asking price for this property is $299,400.
    What are key features of this property?
    This property features: - Large 48 x 80 storage unit with **16 FT sidewalls** and **(2) 16' x 16' insulated overhead doors.**; - Excellent location with easy access off US 31 and West Silver Lake Road.; - Natural gas, water, and development septic system available.
    (231) 883-6837
    Request Owner's contact information
    5811 Storage Loop Dr Traverse City, MI 49685
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    5811 Storage Loop Dr
    Traverse City, MI 49685
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    5811 Storage Loop Dr Traverse City, MI 49685
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.