3903 Blair Valley RdTraverse City, MI 49685

  • Commercial real estate
  • 11,950 SF
For Sale
$207,000 View listing

Property Details for 3903 Blair Valley Rd

Year built
2020
Property size (Sq ft)
11,950 SF
Property type
Commercial real estate
APN
02-164-011-00
APU
216401100

Description

This exceptional mixed-use property, located at 3903 Blair Valley Road in Traverse City, Michigan, 49685, presents a unique investment opportunity. Built in 2022, this approximately 1,246 square foot building is part of a newer business/storage complex conveniently situated just one block off US-31/M-37 South, approximately seven miles from Grandview Parkway. The property's prime location offers easy access to major roadways and high visibility. Unit 12 boasts attractive features including vinyl siding, cedar trim, and steel interior walls, enhancing both its aesthetic appeal and durability. The unit includes a finished half-bathroom and upgraded electrical service, adding to its functionality. A substantial 12x14-foot door provides ample access for various uses. Its adaptable design makes it suitable for a wide range of business ventures or storage needs. The property's proximity to Mancino's and the Pit Spitters entrance further enhances its visibility and potential for attracting customers. This versatile space offers significant potential for growth and return on investment in a thriving Traverse City location. The asking price is $207,000.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $2,498,218
    Hospitality
    $2,288,354
    Educational
    $1,903,884
    Medical
    $1,969,361
    Retail
    $2,961,597

Location Insight

City
Traverse City
County
Grand Traverse
State
Michigan
Latitude
44.6762
Longitude
-85.6547
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
$3,460
-
-
$75,824
-
-
-
$151,649

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