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Property profile & analytics
OFF-MARKET
Land

0 Denali Dr Traverse City, MI 49684

Property ID
Property summary
AI-generated overview

This exceptional 0-unit vacant commercial land parcel in Traverse City, Michigan, presents a unique investment opportunity. Located on Denali Drive, Grand Traverse County, 49684, this build-ready property boasts pre-approved engineering, site maps, and construction plans for a 60+ unit self-storage facility. The property's strategic location offers unparalleled accessibility, situated just off M-72, approximately 1.3 miles west of the M-72/Gray Road intersection. Its proximity to downtown Traverse City (minutes away) and placement within an established commercial/light industrial park provides significant advantages. The site is ideal for various ventures, including large boat and RV storage, or manufacturing facilities. Given the ongoing expansion of Traverse City's west side, this land represents a compelling investment in a high-growth area. All necessary groundwork, including approvals, has been completed, minimizing development hurdles and maximizing return potential. The asking price for this ready-to-develop parcel is $297,500. Don't miss this chance to capitalize on a prime location and a streamlined development process. This property is zoned for commercial use.

Property profile
Verified
Property type Land
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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