3032 Luxury Barn Lane, Traverse City, MI 49685
- Added:
- Sep 15, 2025
- Days on Market:
- 276
- Last Refresh:
- Jun 17 at 6:06 am
Property Features for 3032 Luxury Barn Lane
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- Commercial
- Rooms
- Basement
- Basement Y/N
- 1
- Standard status
- Active
- Size
- 1,200 SF
Taxes and HOA fees
- Expense value
- 358
- Expense
- Home Owner Assessments Fee
- Expense freq.
- Annually
Building Details
- Year built
- 2025
- Roof type
- Metal
- Architectural style
- Other
Listing agent Jennifer Kreta (231) 492-4062
Listing office Key Realty One-TC 310 W. Front Street, Ste.310F, Traverse City, MI (517) 827-2120
Listing date Sep 15, 2025
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.
HighLights
- Brand new (2025) commercial‑grade building, ready for immediate use.
- High‑quality construction with Borkholder Craftsman and custom trusses.
- Secure: Keypad access, Lockguard Security, garage door bollards.
- Insulated: Benefit from R‑50 ceiling, R‑16.4 insulated door, vapor barrier, and 2‑inch perimeter foam.
- Durable: Kynar 500 painted steel siding, real stone front.
- 200‑amp electrical service with full build‑out package and ceiling fans.
Overview
Local Financial Insights For Warehouse
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $12.0k | $9.96 |
| − Vacancy | −$717 | −$0.60 |
| EGI | $11.2k | $9.36 |
| − OpEx | −$1.7k | −$1.40 |
| NOI | $9.5k | $7.96 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Traverse City
- County
- Grand Traverse
- State
- Michigan
- Longitude
- -85.6206
- Latitude
- 44.7632