You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
Back to Search
Property profile & analytics
OFF-MARKET
Land

0 Tbd Mitten Dr Traverse City, MI 49686

1.74 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 1.74-acre commercial land parcel presents a unique investment opportunity at the entrance to Traverse City's Cherry Capital Airport and Costco. Boasting a prime corner location with excellent visibility and high traffic counts (approximately 16,000 AADT), this pad-ready site offers two points of access via South Airport Road and Townline Road, complete with a stoplight. The property is zoned for Airport Services, allowing for diverse development options including gas stations, drive-thrus, office spaces, and retail establishments. Excavation work has already commenced. This strategic location benefits from the airport's recent record-breaking year exceeding 700,000 passengers and its planned $120 million terminal expansion, including a second concourse and five new gates in 2026. The property's APN is 28-03-218-014-10. Located in Traverse City, Michigan (zip code 49686), this offering presents a compelling chance to capitalize on a high-growth area with significant future potential. Asking price is $1,000,000.

Property profile
Verified
Property type Land
Lot 1.74 ac (75,794 SF)
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
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own Tbd Mitten Dr?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message