2026 Record Card.pdf
Tromble Bay Land LLC Petitioner Vs. City Of Traverse City Respondent · 26-001358-TT
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*** Information herein deemed reliable but not guaranteed*** GRAND TRAVERSE/LEELAN County: 28-51TRAVERSE CITY-GTC Jurisdiction: Printed on Parcel Number: 28-51-482-044-60 1,070,200S 1,070,200 496,400 573,800 2023 1,123,710C 1,193,500 548,000 645,500 2024 1,203,700S 1,203,700 558,200 645,500 2025 1,174,800S 1,174,800 636,000 538,800 2026 Taxable Value Tribunal/ Other Board of Review Assessed Value Building Value Land Value Year Work Description for Permit 24.0885-B, Issued 02/18/2025: RELOCATE EXTERIOR MENU BOARDS FOR DRIVE-THRU. NEW CANOPY FOUNDATION. USE GROUP A-2, 5B CONSTRUCTION. NO FIRE SUPPRESSION. Work Description for Permit 24.0268-E, Issued 07/17/2024: EXTEND EXISTING ELECTRICAL TO RELOCATED MENU BOARDS, LOW VOLTAGE. Work Description for Permit 24.0047-M, Issued 02/16/2024: INSTALL AN ANSUL 6 GALLON SYSTEM. HOOD IS FACTORY PIPED. Work Description for Permit 24.0043-M, Issued 02/07/2024: HUNGRY HOWIES BUILD OUT, MOVING EXISTING FURNACE AND AC, ADDING DUCTING, HOOD, AND ROOF TOP UNIT. Work Description for Permit 24.0025-E, Issued 01/24/2024: INTERIOR RENOVATION OF EXISTING SPACE TO BECOME A RESTAURANT. Land Improvement Cost Estimates Description Rate Size % Good Cash Value D/W/P: 4in Concrete 7.03 2300 99 16,007 D/W/P: Asphalt Paving 3.13 15000 99 46,480 Total Estimated Land Improvements True Cash Value = 62,487 * Factors * Description Frontage Depth Front Depth Rate %Adj. Reason Value 22,950.000 Sq Ft 46.95 200 CORNER - GARFIELD AVE1,077, 0.53 Total Acres Total Est. Land Value = 1,077,614 Land Value Estimates for Land Table 2040.2040 E FRONT ST/MUNSON AVE ELS 11/30/2020 PHOTO ADDE PC 08/13/2021 INSPECTED Who When What Level Rolling Low High Landscaped Swamp Wooded Pond Waterfront Ravine Wetland Flood Plain Topography of Site Dirt Road Gravel Road Paved Road Storm Sewer Sidewalk Water Sewer Electric Gas Curb Street Lights Standard Utilities Underground Utils. Public Improvements Vacant Improved X The Equalizer. Copyright (c) 1999 - 2009. Licensed To: City of Traverse City, County of Grand Traverse, Michigan Split/Comb. on 12/26/2019 completed / / DJBROWN SPLIT ; Parent Parcel(s): 28-51-482-044-50; Child Parcel(s): 28-51-482-044-70, 28-51-482-044-60; ----------------------------------------- Comments/Influences PART OF BAYSIDE ADDITION TO TRAVERSE CITY & SECTION 1, TOWN 27 NORTH, RANGE 11 WEST CITY OF TRAVERSE CITY, GRAND TRAVERSE COUNTY, MICHIGAN BEING DESCRIBED AS: COMM NW CNR OF LOT 5, BLOCK 4 OF SAID BAYSIDE ADDITION; THENCE NORTH 89°11 '07" EAST, ALONG SOUTH LINE OF FRONT STREET, 139.18 FEET TO POB; THENCE SOUTH 00°53'48" EAST, 26.70 FEET; THENCE SOUTH 44°54'27" EAST, 12.12 FEET; THENCE SOUTH 10°48'22" EAST, 41.12 FEET; THENCE SOUTH 00°53'48" EAST, 124.74 FEET; THENCE SOUTH 89°44'55" WEST, 82.33 FEET; THENCE SOUTH 01 °19'02" EAST, 24.95 FEET; THENCE NORTH 89°06'25" EAST, 172.18 FEET TO EAST LINE OF LOT 37 OF SAID BLOCK 4; THENCE NORTH 00°12'06" WEST, ALONG SAID EAST LINE, 224.54 FEET TO SAID SOUTH LINE OF FRONT STREET; THENCE SOUTH 89°11 '07" WEST, ALONG SAID SOUTH LINE, 107.12 FEET TO POB. CONTAINING 22,950 SQUARE FEET OF ***BALANCE OF DESCRIPTION ON FILE*** Tax Description TROMBLE BAY LAND LLC 5299 TROMBLE DR CHEBOYGAN MI 49721 Owner's Name/Address 1118 E FRONT ST Property Address UNINSPECTE 24.0043-M 02/07/2024 OTHER 2026 Est TCV 2,349,574 TCV/TFA: 574.47 UNINSPECTE 24.0047-M 02/16/2024 OTHER MAP #: UNINSPECTE 24.0268-E 07/17/2024 OTHER P.R.E. 0% UNINSPECTE 24.0885-B 02/18/2025 OTHER School: TRAVERSE CITY SCHOOL DIST. Status Number Date Building Permit(s) Zoning: C-3 Class: COMMERCIAL-IMPROVE 100.0 DEED 2020R-00443 03-ARM'S LENGTH WD 01/03/2020 2,325,000 ARGONAUT INVESTMENTS LLC TCSB LLC & TCRA LLC 100.0 PROPERTY TRANSFER 2022R-11495 03-ARM'S LENGTH WD 06/06/2022 2,712,500 TROMBLE BAY LAND LLC ARGONAUT INVESTMENTS LLC Prcnt. Trans. Verified By Liber & Page Terms of Sale Inst. Type Sale Date Sale Price Grantee Grantor 09/02/2026
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*** Information herein deemed reliable but not guaranteed*** Parcel Number: 28-51-482-044-60, Land Image Printed on 09/02/2026
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Bsmnt Insul. Thickness (40) Exterior Wall: (39) Miscellaneous: (14) Roof Cover: (13) Roof Structure: Slope=0 Incandescent Fluorescent Mercury Sodium Vapor Transformer Flex Conduit Rigid Conduit Armored Cable Non-Metalic Bus Duct Few Average Many Unfinished Typical Few Average Many Unfinished Typical Fixtures: Outlets: (11) Electric and Lighting: Hand Fired Boiler Coal Stoker Gas Oil (10) Heating and Cooling: (9) Sprinklers: Urinals Wash Bowls Water Heaters Wash Fountains Water Softeners Total Fixtures 3-Piece Baths 2-Piece Baths Shower Stalls Toilets Few None Average Typical Many Above Ave. (8) Plumbing: (7) Interior: (6) Ceiling: (5) Floor Cover: (4) Floor Structure: (3) Frame: Block Brick/Stone Poured Conc. X Footings (2) Foundation: (1) Excavation/Site Prep: <<<<< Calculator Cost Computations >>>>> Class: C Quality: Good Stories: 1 Story Height: 14 Perimeter: 190 Base Rate for Upper Floors = 330.41 (10) Heating system: Package Heating & Cooling Cost/SqFt: 27.66 100% Adjusted Square Foot Cost for Upper Floors = 358.07 Total Floor Area: 1,215 Base Cost New of Upper Floors = 435,055 1,215 Sq.Ft. of Sprinklers @ 8.72, Cost New = 10,595 Reproduction/Replacement Cost = 445,650 Eff.Age:2 Phy.%Good/Abnr.Phy./Func./Econ./Overall %Good: 92 /100/100/100/92.0 Total Depreciated Cost = 409,998 ECF (2000 COMMERCIAL GENERAL AREA) 1.074 => TCV of Bldg: 1 = 440,338 Replacement Cost/Floor Area= 366.79 Est. TCV/Floor Area= 362.42 ** ** Calculator Cost Data ** ** Quality: Good Heat#1: Package Heating & Cooling 100% Heat#2: Package Heating & Cooling 0% Ave. SqFt/Story: 1215 Ave. Perimeter: 190 Has Elevators: *** Basement Info *** Area: Perimeter: Type: Heat: Hot Water, Radiant Floor * Mezzanine Info * Area #1: Type #1: Area #2: Type #2: * Sprinkler Info * Area: 1215 Type: Good Low X Ave. Above Ave. High Construction Cost Comments: Overall Bldg Height Year Built Remodeled 2017 2024 Depr. Table : 4% Effective Age : 2 Physical %Good: 92 Func. %Good : 100 Economic %Good: 100 Class: C Floor Area: 1,215 Gross Bldg Area: 4,090 Stories Above Grd: 1 Average Sty Hght : 14 Bsmnt Wall Hght Desc. of Bldg/Section: 1215 Calculator Occupancy: Restaurants - Fast Food *** Information herein deemed reliable but not guaranteed*** Commercial/Industrial Building/Section 1 of 2 Printed on Parcel Number: 28-51-482-044-60 09/02/2026
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*** Information herein deemed reliable but not guaranteed*** Parcel Number: 28-51-482-044-60, Commercial/Industrial Building 1 Printed on 09/02/2026 Parcel Number: 28-51-482-044-60, Commercial/Industrial Building 1 Printed on 25.5 5 Drawn from 2019 Pictometry = = a 28-51-482-044-60 E= Year Built 2017 Start ud Year Built 2019 Finish = Est of Ashphalt for This parcel 15,000 5f Mare or Less Est of Cement nan Walkways 2,300 5f Mare or Less 9 Drive Thru/Garbage Slabs 15TORV/SLEE | wo 2154.8 sf =.= Gs Cr ry El Drive Thru ™ 48.0 sF— 2 Sty WE I] m 5 Ld 3.510) LONCRETE a of certs CL 38 : 22.5" 3 165 “]rsosf UT 28.5" = 60" cep = 540.5 sf 1 STORY/SLAB ~~ 1200.0 sf *** Information herein deemed reliable but not guaranteed*** 09/02/2026
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Bsmnt Insul. Thickness (40) Exterior Wall: (39) Miscellaneous: (14) Roof Cover: (13) Roof Structure: Slope=0 Incandescent Fluorescent Mercury Sodium Vapor Transformer Flex Conduit Rigid Conduit Armored Cable Non-Metalic Bus Duct Few Average Many Unfinished Typical Few Average Many Unfinished Typical Fixtures: Outlets: (11) Electric and Lighting: Hand Fired Boiler Coal Stoker Gas Oil (10) Heating and Cooling: (9) Sprinklers: Urinals Wash Bowls Water Heaters Wash Fountains Water Softeners Total Fixtures 3-Piece Baths 2-Piece Baths Shower Stalls Toilets Few None Average Typical Many Above Ave. (8) Plumbing: (7) Interior: (6) Ceiling: (5) Floor Cover: (4) Floor Structure: (3) Frame: Block Brick/Stone Poured Conc. X Footings (2) Foundation: (1) Excavation/Site Prep: <<<<< Calculator Cost Computations >>>>> Class: C Quality: Good Stories: 1 Story Height: 12 Perimeter: 220 Base Rate for Upper Floors = 240.50 (10) Heating system: Package Heating & Cooling Cost/SqFt: 20.13 100% Adjusted Square Foot Cost for Upper Floors = 260.63 Total Floor Area: 2,875 Base Cost New of Upper Floors = 749,312 2,875 Sq.Ft. of Sprinklers @ 8.45, Cost New = 24,294 Reproduction/Replacement Cost = 773,606 Eff.Age:2 Phy.%Good/Abnr.Phy./Func./Econ./Overall %Good: 92 /100/100/100/92.0 Total Depreciated Cost = 711,718 <<<<< Segregated Cost Computations >>>>> Costs taken from Segregated Cost Section 3: Stores & Commercials Cost # or Height Storys Item Desciption Col. Rate SqFt Adj. Adj. Cost Total Cost New = 0 Architectural Multiplier: 0.00 Reproduction/Replacement Cost = 0 Eff.Age:2 Phy.%Good/Abnr.Phy./Func./Econ./Overall %Good: 92 /100/100/100/92.0 <<<<< Calculations too long. See Valuation printout for complete pricing. >>>>> ** ** Calculator Cost Data ** ** Quality: Good Heat#1: Package Heating & Cooling 100% Heat#2: Package Heating & Cooling 0% Ave. SqFt/Story: 2875 Ave. Perimeter: 220 Has Elevators: *** Basement Info *** Area: Perimeter: Type: Heat: Hot Water, Radiant Floor * Mezzanine Info * Area #1: Type #1: Area #2: Type #2: * Sprinkler Info * Area: 2875 Type: Good Low X Ave. Above Ave. High Construction Cost Comments: Overall Bldg Height Year Built Remodeled 2017 2024 Depr. Table : 4% Effective Age : 2 Physical %Good: 92 Func. %Good : 100 Economic %Good: 100 Class: C Floor Area: 2,875 Gross Bldg Area: 4,090 Stories Above Grd: 1 Average Sty Hght : 12 Bsmnt Wall Hght Desc. of Bldg/Section: 1118 E FRONT - STARBUCKS Calculator Occupancy: Restaurants - Fast Food *** Information herein deemed reliable but not guaranteed*** Commercial/Industrial Building/Section 2 of 2 Printed on Parcel Number: 28-51-482-044-60 09/02/2026