Warehouse with 12-Foot Garage
New
For Sale
$114,900
13972 S Robinson Rd, Traverse City, MI 49684
A private entrance and off-street parking serve this enclosed storage space.
Property Size800 SF
Price / SF$143.63
Days on Market5
Property Features for 13972 S Robinson Rd
General Information
Standard status
Active
Size
800 SF
Property subtype
Commercial
Warehouse & Industrial
Warehouse Space
800 SF
Drive-In Doors
1
Building Details
Year Built
2013
Listing Agency:
Monarch Real Estates, LLC
Listed By:
Mary K Eckler
(231) 645-8276
Source:
Metrodetroithomeguide
Added: Oct 1
Changed: Oct 4
Last Checked: Oct 5 at 7:19PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Monarch Real Estates, LLC
Investment Insights
Based on property information with market context.
This 800-square-foot warehouse in Solon Township includes a 20-by-40-foot storage barn, a 12-foot garage door, private access and off-street parking. Built in 2013, the space has electricity and access to water. The HOA covers snow plowing and electricity.
Key Highlights
- 800‑square‑foot warehouse built in 2013
- 20‑by‑40‑foot storage barn with a 12‑foot garage door
- Private entrance and off‑street parking
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$6,366
Cap Rate
5.54%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$127,320
$127.3K
Cap Rate 7%
$90,943
$90.9K
Cap Rate 9%
$70,733
$70.7K
Market Conditions
NOI Build-Up for 800 SF
Gross rent
$8.0K $9.96/SF
− Vacancy
−$478 −$0.60/SF
EGI
$7.5K $9.36/SF
− OpEx
−$1.1K −$1.40/SF
NOI
$6.4K $7.96/SF
Area
Grand Traverse County, MI
Vacancy
6.00%
Lease Rate
$9.96 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$127,320
Cap Rate 7%
$90,943
Cap Rate 9%
$70,733
Alternative Uses
Best Use
Warehouse
$90.9K
$79.6K – $106.1K
NOI $6,366 @ 7.0% cap · market cap 5.54%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$173.8K
$152.1K – $202.8K
NOI $12,165 @ 7.0% cap · market cap 10.59%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
1
Drive-in doors
Location Intelligence
Trade Area within ½ mile
22
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 49684, MI
22,025
Population
10,959
Households
2
Avg Household Size
49
Median Age
46%
College-Educated
96%
High-School Grad
52.8 sq mi
ZIP Area
417
Density / Sq Mi
$75,678
Median Household Income
$39,553
Median Earnings
$1,216
Median Rent
$375,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in Midwest region
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Frequently Asked Questions
What type of property is this?
Warehouse - A private entrance and off-street parking serve this enclosed storage space.
Where is this warehouse located?
The property is located at 13972 S Robinson Rd Traverse City, MI.
What is the asking price?
The asking price for this property is $114,900.
What are key features of this property?
This property features: 800‑square‑foot warehouse built in 2013; 20‑by‑40‑foot storage barn with a 12‑foot garage door; Private entrance and off‑street parking
