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    Property profile & analytics

    333 Grandview Pkwy Unit Traverse City, MI 49684

    • Office Properties & Spaces
    • 1,947 SF
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Jay Tompkins / Social Worker
    • Merrill Lynch Wealth Management / Investment Service / Financial Planner
    • Home Service Delivery LLC / Trucking Company
    • Merrill Lynch Wealth Management Advisor Rick Simonton / Financial Planner / Financial Consultant
    • Traverse City State Bank / Bank / Atm

    Property Details for 333 Grandview Pkwy Unit

    Year built
    2002
    Property size
    1,947 SF
    Property type
    Office Properties & Spaces
    Property subtype
    Medical offices

    Description

    This exceptional 1,947 square foot office condominium, located in Traverse City's Harbour View Centre, presents a unique investment opportunity. Situated on the second floor, this unit boasts unobstructed views of West Grand Traverse Bay and a private balcony. Part of a Class A mixed-use building, it's conveniently located near the Warehouse District, a short walk from downtown. The building offers ample on-site parking (160 spaces shared) and prestigious anchor tenants, including Independent Bank and Merrill Lynch. Built in 2002 and renovated in 2017, the suite is currently configured as an executive, medical, or traditional office space, but with condominium association approval, it could be converted to residential use (excluding short-term rentals). The asking price is $681,000, translating to $349.77 per square foot. The sale includes one condominium unit (Unit 3B), sharing the floor with three other professional office suites. Please note that the sale is contingent upon revisions and amendments to the condominium documents and associated Exhibit B drawings. Use exclusions exist for financial institutions. A virtual tour (showing Suites 201, 202, and 203) is available online. The property's APN is 28-51-708-001-21.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Traverse City
    County
    Grand Traverse
    State
    Michigan
    Longitude
    -85.6282
    Latitude
    44.7664

    Comparable in this City

    • Value Estimation by Request
      3,705 SF

      333 Grandview Pkwy Unit 3D -

      Medical offices • 3,705 SF
      333 Grandview Pkwy Unit 3D -, Traverse City, MI 49684
      View Details
    • Value Estimation by Request
      1,210 SF

      333 Grandview Pkwy Unit

      Medical offices • 1,210 SF
      333 Grandview Pkwy Unit, Traverse City, MI 49684
      View Details
    • Value Estimation by Request
      1,952 SF

      333 Grandview Pkwy

      Medical offices • 1,952 SF
      333 Grandview Pkwy, Traverse City, MI 49684
      View Details
    • Value Estimation by Request
      1,768 SF

      607 Randolph St

      Medical offices • 1,768 SF
      607 Randolph St, Traverse City, MI 49684
      View Details
    • Value Estimation by Request
      1,947 SF

      333 Traverse City Mi

      Medical offices • 1,947 SF
      333 Traverse City Mi, Traverse City, MI 49684
      View Details
    • Value Estimation by Request
      5,610 SF

      140 Front St

      Office Properties & Spaces • 5,610 SF
      140 Front St, Traverse City, MI 49684
      View Details

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    Traverse City, MI 49684
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    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
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