2401 31 Traverse City, MI 49684
This exceptional 2-acre commercial land parcel presents a remarkable investment opportunity in Traverse City, Michigan. Strategically located at 2401 N U.S. 31 S, this site enjoys high visibility and accessibility, situated directly in front of a Sam's Club and near the intersection of US-31 and Airport Road. The property's prime location within a thriving commercial area ensures significant exposure to a substantial customer base. This outlot offers unparalleled potential for a wide range of commercial developments, capitalizing on the strong regional draw of this established trade area. The 2-acre lot provides ample space for various projects, allowing for flexibility in design and functionality. Given its location and size, this property is ideally suited for businesses seeking high visibility and convenient access for customers. The address is 2401 N U.S. 31 S, Traverse City, MI 49684, in Grand Traverse County. This is a rare opportunity to acquire a highly desirable commercial land parcel in a rapidly growing market. Don't miss this chance to secure a prime location for your next venture. The property is ready for development and offers significant potential for return on investment. Detailed site plans and zoning information are available upon request.
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Isalis (Bike/Boat/Book/etc) Store
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Party City Party Supply Store (Bike/Boat/Book/etc) Store
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Skunk Funk Big Box & Wholesale Store
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Carl's Trading Co Hat Shop
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Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
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
Similar Nearby for Lease
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.