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Property profile & analytics
OFF-MARKET
Land

2401 31 Traverse City, MI 49684

2 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Lot 2 ac (87,120 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
Current use
Occupant on record · Public records
  • Isalis (Bike/Boat/Book/etc) Store
  • Party City Party Supply Store (Bike/Boat/Book/etc) Store
  • Skunk Funk Big Box & Wholesale Store
  • Carl's Trading Co Hat Shop
  • Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
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
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