Property profile

5550 Bay Mdws Dr Traverse City, MI 49684

OFF-MARKET
Specialty properties
Property ID
US43-2087669
1,600 SF 85.51 ac lot Built 1995
Entity Owned 12-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Specialty properties
Use group PROFESSIONAL CLUBS/ASSOCIATIONS
Year built 1995
Total area 1,600 SF
Lot 85.51 ac (3,724,816 SF)
APN 05-006-001-50
UPID US43-2087669

Cap rate & NOI

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

Location

5550 Bay Mdws Dr Traverse City, MI 49684-6901
Traverse City metro Census 551500 TRAVERSE CITY, MI MICROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$370k

Owner & transaction history

since 2013
2 recorded transactions
2013
Price N/A
2013
$221,075

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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