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    Property profile & analytics

    1001 Bay St Traverse City, MI 49684

    • Office buildings
    • 5,062 SF
    • 0.84 lot acres
    For Lease
    View listing
    $499 /Mo
    Value Estimation
    Location Intelligence
    Property ID
    US43-2463239
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Hirzel Law, PLC - Condominium / HOA / Real Estate Law / Law Firm / Attorney
    • Baird Fixed Income Capital Markets / Financial Planner / Investment Service
    • Baird Private Wealth Management / Investment Service / Financial Consultant
    • Universal Cleaners LLC / Janitorial Service
    • Perspectives Home Designs / Drafting Service / Architect

    Property Details for 1001 Bay St

    Year built
    1963
    Lot size
    0.84 lot acres
    Property size
    5,062 SF
    Property type
    Office buildings
    APN
    51-104-097-00
    APU
    5110409700

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Traverse City
    County
    Grand Traverse
    State
    Michigan
    Longitude
    -85.64
    Latitude
    44.7718
    CBSA code
    45900
    CBSA name
    TRAVERSE CITY, MI MICROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $35,647
    $0.00
    $0.00
    $984,900
    -
    $0.00
    $0.00
    $2,405,414

    Comparable in this City

    • Value Estimation by Request
      0.00 Acres

      300 Frnt St

      OFFICE BUILDING • 0.00 Acres
      300 Frnt St, Traverse City, MI 49684-2596
      View Details
    • Value Estimation by Request
      1,498 SF

      822 Cass St

      OFFICE BUILDING • 1,498 SF
      822 Cass St, Traverse City, MI 49684-3230
      View Details
    • Value Estimation by Request
      3,720 SF

      2400 Northern Visions Dr

      OFFICE BUILDING • 3,720 SF
      2400 Northern Visions Dr, Traverse City, MI 49684-7034
      View Details
    • Value Estimation by Request
      4,670 SF

      100 Park St

      OFFICE BUILDING • 4,670 SF
      100 Park St, Traverse City, MI 49684-5700
      View Details
    • Value Estimation by Request
      11,999 SF

      156 Frnt St

      OFFICE BUILDING • 11,999 SF
      156 Frnt St, Traverse City, MI 49684-2509
      View Details
    • Value Estimation by Request
      3,326 SF

      124 Division St

      OFFICE BUILDING • 3,326 SF
      124 Division St, Traverse City, MI 49684-2263
      View Details

    Similar Nearby for Sale

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      Copper Ridge Office Building Opportunity

      Approved 30,000 SF office building site near Munson Hospital.
      4240 Copper Vw, Traverse City, MI 49684
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      Approved Office Building Pad

      Approved 30,000 SF office building pad in Traverse City.
      4130 Copper Vw, Traverse City, MI 49684
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      Traverse City Office Building For Sale

      Commercial corner parcel with office building in Traverse City, MI.
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    Similar Nearby for Lease

    • $16 SF/Yr
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      Class A Office Space Available

      Professional office building in Traverse City's Central Business District.
      130 S Union St, Traverse City, MI 49684
      View Details
    • $21 SF/Yr
      2,000 SF

      Renovated Office Building in Traverse

      Highly visible, renovated office building in the heart of Traverse City.
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      3,500 SF

      Downtown Traverse City Commercial Building

      Versatile commercial building in downtown Traverse City, suitable for various uses.
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    • $20 SF/Yr
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      Downtown Traverse City Office Space

      Renovated office building with bay views in downtown Traverse City.
      250 E Front St, Traverse City, MI 49684
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    • $20 SF/Yr
      7,500 SF

      Downtown Traverse City Office Building

      Renovated office building with bay views in downtown Traverse City.
      250 E Front St, Traverse City, MI 49684
      View Details
    • $21 SF/Yr
      16,725 SF

      Downtown Traverse City Office Building

      Renovated office building with bay views in downtown Traverse City.
      250 E Front St, Traverse City, MI 49684
      View Details
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    1001 Bay St
    Traverse City, MI 49684
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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