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Property profile & analytics
OFF-MARKET
Specialty properties

5879 Storage Loop Dr Traverse City, MI 49685

3,840 SF
Property ID
Property summary
AI-generated overview

This exceptional 3,840 square foot commercially zoned land parcel in Traverse City, Michigan, presents a unique investment opportunity. Situated at 5879 Storage Loop Drive, 49685, this property boasts a prime location between Grawn corners (US 31) and Curtis Road, offering easy access to US 31 and West Silver Lake Road. The property features a 48' x 80' pole barn structure with steel exterior panels, 16-foot metal sidewalls, and two 16' x 16' insulated overhead doors. The building also includes a shingled roof, a 5-foot concrete apron/approach, and a 4-inch reinforced concrete slab floor. Utilities include natural gas, water, and sewer, with future bath rough plumbing already in place. An extra-wide asphalt driveway enhances accessibility. This property is part of the Silver Lake Storage Barns, a Storage Site Condominium Development, making it ideal for personal or business storage needs. All information should be independently verified.

Property profile
Verified
Property type Specialty properties
Total area 3,840 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
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CAP Approach CAP
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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