5879 Storage Loop Dr Traverse City, MI 49685
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.
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.