Property profile

3901 Blair Valley Rd Traverse City, MI 49685

FOR SALE
Warehouses
Property ID
US43-2553136
Built 2020
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Property summary

AI-generated overview

A tricked out Man Cave! This special pole barn is like no other. 240' X 50' and 2364 square feet. An overhead door that is 14' X 14'. Double door main entry, corner unit with great curb appeal in its' architecture, the details here shine. There is plenty of room for toys and for inviting friends to watch the game or hit some balls. It features a cool loft area with mini kitchen with wet bar, wine rack & built in TV mount & classy lounge area- perfect for watching the game. Cool accents like steel staircase and railing posts are reminiscent of high end car garages. There is a golf simulator set up (sold separately) and room for multiple cars and/or boats. Heated and electric blinds. Epoxy floors, utility sink & shower and tub, 1/2 bath. Corner unit with gray architecture. Windows with lots of nature light. Two service doors and one 14' X 14' overhead door. Vinyl siding and cedar trim. The site is served by telephone, electric, natural gas, municipal water and sewer. bikeScore: 30, Somewhat Bikeable walkScore: 8, Car-Dependent

Property profile

Verified
Property type Warehouses
Year built 2020
UPID US43-2553136

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Car Wash

Location

3901 Blair Valley Rd Traverse City, MI 49685
Traverse City metro
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Value estimations

Realmo proprietary · 4 methods
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CAP Approach CAP
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Blend (final) Blend
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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