0 Denali Dr Traverse City, MI 49684
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.