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    Flex Warehouse Unit with 14-Foot Doors Title is generated by Realmo AI

    4-3901 Blair Valley Rd, Traverse City, MI 49685

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    For Sale
    $235,000

    A flex warehouse unit featuring 14-foot doors and epoxy flooring, with a partial second level for added storage.

    Property size:
    1,540 SF
    Price / SF:
    $152/SF
    Added:
    Apr 29, 2026
    Days on Market:
    50
    Last Refresh:
    Jun 13 at 2:41 am

    Property Features for 4-3901 Blair Valley Rd

    General Information

    Standard status
    Active
    Size
    1,540 SF

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    Listing Contact
    Karen Schmidt

    Listing agent Karen Schmidt License #6501234844

    Listing office Coldwell Banker Schmidt Traverse City

    Listing date Apr 29, 2026

    Source Exprealty

    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 Coldwell Banker Schmidt Traverse City

    HighLights

    • Flex warehouse unit with 14‑foot doors for loading and warehouse use
    • Epoxy flooring throughout the unit
    • Partial second level added for additional storage
    • Vinyl siding with cedar trim and metal and steel roofs
    • Drywall and/or steel interior walls
    • Easy access; located one block off of 37/31 South, Traverse City

    Overview

    This newer flex warehouse unit includes 14-foot doors and epoxy flooring, designed for practical loading and durable day-to-day use. Interior improvements include dry wall and/or steel interior walls, and a partial second level added specifically for storage. Exterior finishes are built with vinyl siding and cedar trim, supported by metal and steel roofing.

    The unit is located at 4-3901 Blair Valley Rd in Traverse City, with easy access and situated one block off 37/31 South, which supports straightforward arrival and movement for everyday operations.

    The space can be adapted to a range of commercial uses within the flex warehouse category, making it a workable option for tenants or buyers seeking an industrial-style footprint that also supports additional storage via the partial second level. The combination of high clear height access through the 14-foot doors, hard-surface epoxy flooring, and interior wall options provides a flexible baseline for businesses looking to configure the space to their own workflow.

    Local Financial Insights For Flex RnD

    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 $26.2k $17.04
    − Vacancy −$1.8k −$1.19
    EGI $24.4k $15.85
    − OpEx −$8.5k −$5.55
    NOI $15.9k $10.30
    1,540 SF · lease $17.04/SF/yr · vacancy 7.00% · expense 35.00%

    Alternative Uses

    Best Use
    Flex RnD
    $226.6K
    $198.3K – $264.4K (±1% cap)
    NOI $15,863 @ 7.0% cap · market cap 6.75%
    Second Best
    Warehouse
    $175.1K
    $153.2K – $204.3K (±1% cap)
    NOI $12,255 @ 7.0% cap · market cap 5.21%
    Theoretical Best
    Office A
    $334.5K
    $292.7K – $390.3K (±1% cap)
    NOI $23,418 @ 7.0% cap · market cap 9.97%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

    Restaurant Law Firm Spa & Massage Center Building Supply Big Box & Wholesale Store Hair Salon Auto Repair Shop Nail Salon Gym & Fitness Center Hotel & Motel

    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
    -85.641831
    Latitude
    44.676725

    FAQs

    What type of property is this?
    Flex space - A flex warehouse unit featuring 14-foot doors and epoxy flooring, with a partial second level for added storage.
    Where is this flex space located?
    The property is located at 4-3901 Blair Valley Rd Traverse City, MI.
    What is the asking price?
    The asking price for this property is $235,000.
    What are key features of this property?
    This property features: Flex warehouse unit with 14‑foot doors for loading and warehouse use; Epoxy flooring throughout the unit; Partial second level added for additional storage
    More about this property
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