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Storage Warehouse with Garage Door
New
For Sale
$114,900

13972 S Robinson Road, Traverse City, MI 49684

Commercial, Traverse City, MI

Property Size800 SF
Price / SF$143.63
Days on Market6

Property Features for 13972 S Robinson Road

General Information

Property type Commercial Sale
Property subtype Other
Zoning description Commercial, Manufacture/Warehouse
Exterior features Aluminum
Lot features Industrial Park
Directions Headed West on 72/E Traverse HYW - Complex is on the left just before S. Lautner Rd.
Subdivision Leelanau
Standard status Active
Size 800 SF

Taxes and HOA fees

Tax Description Unit 6 Bob Bobs West Side Storage Condo Sec 35 T28N R12W 0.018 A M/L MD L1180 P813/1st AMEND L1237 P118
HOA Fee $400 Annually
Legal Description Unit 6 Bob Bobs West Side Storage Condo Sec 35 T28N R12W 0.018 A M/L MD L1180 P813/1st AMEND L1237 P118

Building Details

Building materials Steel
Roof type Metal
Listing Agency: Monarch Real Estates, LLC
Listed By: Mary Eckler
Added: Oct 1 Last Checked: Oct 6 at 5:06AM
MLS# 1951137

Copyright © 2026 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.

Investment Insights

Based on property information with market context.

This 800-square-foot storage property includes a 20-by-40-foot steel barn with a 12-foot garage door. The space has a private entrance and off-street parking, with electricity and access to water. Aluminum exterior elements and a metal roof are also noted.

Located at 13972 S. Robinson Road in Traverse City, the property includes snow plowing as part of the association services.

Key Highlights

  • 800 square feet of storage space
  • 20‑by‑40‑foot steel barn
  • 12‑foot garage door

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 (±1% cap)
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 (±1% cap)
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

Warehouses

Suggested Use

Top Pick Auto Parts Store Furniture & Home Goods Bakery Home Appliance Store Computer & Electronic Repair Plumbing Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

1
Drive-in doors
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

58
Businesses Nearby
Well-served
Demand for This Use

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

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
Rey
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Similar Off Market Nearby

  • M-72 Recreational Storage Condominium Assn — 5800 Shugart Ln, Traverse City, MI 49684
  • Unity Pointe Storage — 5795 Kyre Ct, Traverse City, MI 49684
  • National Storage — 6400 E Traverse Hwy, Traverse City, MI 49684

Frequently Asked Questions

What type of property is this?
Warehouse - Enclosed storage space offers a private entrance, electricity, water access, and off-street parking.
Where is this warehouse located?
The property is located at 13972 S Robinson Road 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 feet of storage space; 20‑by‑40‑foot steel barn; 12‑foot garage door
More about this property
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