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    Property profile & analytics

    2883 Aero Park Dr Traverse City, MI 49686-8494

    • Schools
    • 10,480 SF
    • 1.08 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US43-2048807
    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

    • Schools

    Property Details for 2883 Aero Park Dr

    Year built
    1995
    Lot size
    1.08 lot acres
    Property size
    10,480 SF
    Property type
    Schools
    APN
    51-850-026-10
    APU
    5185002610

    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
    -85.5625
    Latitude
    44.7435
    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
    $16,745
    $0.00
    $0.00
    $311,202
    -
    $0.00
    $0.00
    $622,404

    Comparable in this City

    • Value Estimation by Request
      11,961 SF

      2259 Traversefield Dr

      COLLEGE, UNIVERSITY, VOC SCHOOL • 11,961 SF
      2259 Traversefield Dr, Traverse City, MI 49686-9267
      View Details
    • Value Estimation by Request
      3,917 SF

      726 Hastings St

      COLLEGE, UNIVERSITY, VOC SCHOOL • 3,917 SF
      726 Hastings St, Traverse City, MI 49686-3461
      View Details
    • Value Estimation by Request
      15,000 SF

      1244 Carver St

      COLLEGE, UNIVERSITY, VOC SCHOOL • 15,000 SF
      1244 Carver St, Traverse City, MI 49686-4350
      View Details
    • Value Estimation by Request
      18,264 SF

      2510 Aero Park Dr

      COLLEGE, UNIVERSITY, VOC SCHOOL • 18,264 SF
      2510 Aero Park Dr, Traverse City, MI 49686-8495
      View Details
    • Value Estimation by Request
      19,745 SF

      2889 Aero Park Dr

      COLLEGE, UNIVERSITY, VOC SCHOOL • 19,745 SF
      2889 Aero Park Dr, Traverse City, MI 49686-8494
      View Details
    • Value Estimation by Request
      12,600 SF

      2103 Traversefield Dr

      COLLEGE, UNIVERSITY, VOC SCHOOL • 12,600 SF
      2103 Traversefield Dr, Traverse City, MI 49686-8699
      View Details

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    Similar Nearby for Lease

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      Industrial facility with office space available for lease in 2026.
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      2,166 SF flex space suitable for various commercial uses.
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      View Details
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    Traverse City, MI 49686-8494
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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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