1321 South Airport Rd Traverse City, MI 49686
This exceptional 1,216-square-foot retail space is ideally situated at 1321 W South Airport Road in Traverse City, Michigan, within Grand Traverse County (zip code 49686). Boasting a prime location in a high-traffic area, this single-tenant property benefits from a daily traffic count ranging between 26,920 and 28,244 vehicles, according to MDot data. The building features a recently updated, sleek façade and offers a flexible interior layout adaptable to various business needs. Currently configured as retail space and offices, the space is ready for immediate occupancy. The property is zoned for commercial and retail use. Monthly rent is $1550, with additional CAM fees of $425. This presents a fantastic opportunity for businesses seeking a visible and accessible location to establish or expand their operations. The entire 1,216 square feet is currently vacant. Don't miss this chance to secure a thriving retail presence in a bustling Traverse City corridor.
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.