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    Property profile & analytics

    Traverse City, MI 49696

    • Industrial properties
    • 77.00 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US43-2630603
    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

    • Industrial properties

    Property Details

    Year built
    2004
    Lot size
    77.00 lot acres
    Property type
    Industrial properties
    APN
    12-898-005-00
    APU
    1289800500

    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
    -85.3978
    Latitude
    44.6773
    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
    $68
    $0.00
    $0.00
    $1,600
    -
    $0.00
    $0.00
    $3,534

    Comparable in this City

    • Value Estimation by Request
      680 SF

      500 Keystone Rd

      INDUSTRIAL (GENERAL) • 680 SF
      500 Keystone Rd, Traverse City, MI 49696-8822
      View Details
    • Value Estimation by Request
      196 SF

      801 Rusch Rd

      INDUSTRIAL (GENERAL) • 196 SF
      801 Rusch Rd, Traverse City, MI 49696-8530
      View Details
    • Value Estimation by Request
      7,328 SF

      1565 Northern Star Dr

      INDUSTRIAL LOFT BUILDING • 7,328 SF
      1565 Northern Star Dr, Traverse City, MI 49696-9243
      View Details
    • Value Estimation by Request
      14,800 SF

      1746 Keane Dr

      INDUSTRIAL (GENERAL) • 14,800 SF
      1746 Keane Dr, Traverse City, MI 49696-8257
      View Details
    • Value Estimation by Request
      8,442 SF

      110 High Lk Rd

      INDUSTRIAL (GENERAL) • 8,442 SF
      110 High Lk Rd, Traverse City, MI 49696-8136
      View Details
    • Value Estimation by Request
      7,808 SF

      1517 Northern Star Dr

      INDUSTRIAL (GENERAL) • 7,808 SF
      1517 Northern Star Dr, Traverse City, MI 49696-8837
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      4.33 Acres

      Traverse City Industrial Development

      Build-to-suit, 20k-60k SF, I-G Zoning
      1357 Industry Dr, Traverse City, MI 49696
      View Details
    • $74,990
      Pending

      Vacant Homesite in Traverse City

      Vacant land for new home construction in Traverse City, MI.
      669 Madeira Dr, Traverse City, MI 49696
      View Details
    • $158,000
      2.50 Acres

      Traverse City Commercial Land

      2.5-Acre Multi-Family Development Site
      0 3 Mile Rd, Traverse City, MI 49696
      View Details
    • $1,770,000
      48.59 Acres

      Development Land East Bay Township

      48.59 acres approved for residential development.
      00 N 4 Mile Rd, Traverse City, MI 49696
      View Details
    • $79,990
      0.38 Acres

      Verndale Homesite in Traverse City

      Residential land for building in Verndale at EastBay, Traverse City.
      657 Madeira Dr, Traverse City, MI 49696
      View Details
    • $74,990
      0.39 Acres

      Residential Land in Traverse City

      Interior lot in Verndale at East Bay, build your dream home.
      681 Madeira Dr, Traverse City, MI 49696
      View Details

    Similar Nearby for Lease

    • $1,250 /Mo
      1,200 SF

      Industrial Unit in Traverse City

      Heated 1200 sq ft industrial unit for lease.
      1461 Industry Dr, Traverse City, MI 49696
      View Details
    • $1,400 /Mo
      1,300 SF

      Traverse City Office Space Available

      1,300 SF office space for lease in Traverse City.
      1363 Douglas Dr, Traverse City, MI 49696
      View Details
    • $1,500 /Mo
      1,380 SF

      Traverse City Office Space Available

      Office space for rent with easy access and parking.
      1396 Douglas Dr, Traverse City, MI 49696
      View Details
    • $1,500 /Mo
      Pending

      Traverse City Office Space Available

      1537 SF office space for rent in Traverse City.
      1396 Douglas Dr, Traverse City, MI 49696
      View Details
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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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