You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
Back to Search
Property profile & analytics
OFF-MARKET
Commercial real estate

4728 Cedar Run Rd Traverse City, MI 49684

Property ID
US43-2465486
Property summary
AI-generated overview

This exceptional 33.5-acre parcel, located at 4728 Cedar Run Road in Traverse City, Michigan, presents a unique development opportunity. Situated just west of downtown, the property boasts over 1,600 feet of frontage on Cedar Run Road and offers breathtaking views of the downtown area and the bay from its elevated western edge. The eastern side features rolling hills and mature hardwoods. Approximately 16 acres are comprised of a capped fly ash pit and are not developable. The remaining usable acreage is mostly cleared and ready for development. Currently zoned Agricultural, the property aligns with Garfield Township's master plan designating it for Low Density Residential (1-3 units per acre), allowing for potential rezoning to R-1. Alternatively, a PURD (Planned Urban Residential District) designation could enable clustered home sites and public trails. Municipal water and public sewer are readily available. The asking price is $850,000. Detailed information and offer evaluation criteria are available in associated documents. This property is ideal for developers seeking a prime location with stunning views and significant development potential. The zip code is 49684, and the property is located in Grand Traverse County.

Property profile
Verified
Property type Commercial real estate
UPID US43-2465486
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
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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 4728 Cedar Run Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message