5208 Royal Dr Traverse City, MI 49684

OFF-MARKET

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The property consists of a 1.8-acre parcel located near Munson Hospital on Royal Drive within an area developed with medical office uses. The site is prepared for construction and has access to municipal sewer and a shared water system. The parcel is identified by tax ID 28-05-347-009-00.

Property type Other land

Implied cap rate, NOI & suggested price

Cap rate vs submarket · NOI estimate · 3 price anchors

5208 Royal Dr Traverse City, MI 49684

Traverse City metro

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Comparables

6 recent transactions · within 1.5 mi

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