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00 County Line Rd, New Baltimore, MI 48047
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$698,000
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Home Details for 00 County Line Rd
Price
$698,000
Type
Lots/Land
Lot Size
5.64
County
Macomb
Tax
$1,749
MLS®️ Listing#
58050054268
On exitrealty.com
934 days
Property Description
Sometimes the right opportunity just presents itself at exactly the right time. Discover this fantastic proposed Self Storage development in the bayside city of New Baltimore. Located on 5.65 acres, the property site plan has already been approved by city council (ready to build) and includes 4 climate controlled storage buildings with non-CC drive-ups around outside perimeters, totaling 50,120 net rentable square feet in addition to a rental office. A feasibility study, recently completed by Bob Copper of Self Storage 101, is available upon request. This is the last available industrial space in this growing community. Add it to your portfolio today. $615,473 GPI (Not Including Truck Rental, Retail Sales and other revenue services), $184,643 Expenses (30%), $430,831 NOI. Optional: Seller willing to reinvest after close of sale with partnership agreement.
- Water Features
- WateratStreet
- Utilities
- NaturalGasAvailable
Listing courtesy: Ironstone Realty - 586-804-7668
The accuracy of all information, regardless of source, is not guaranteed or warranted. Allinformation should be independently verified. IDX Information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Provided through IDX through Realcomp II Ltd. Courtesy of EXIT UNITED REALTY PROFESSIONALS. © 2024 Realcomp II Ltd. Shareholders.See average values in the proximity of this property
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Market statistics compiled from data from Michigan Regional Information Center.
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$698,000
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EXIT UNITED REALTY PROFESSIONALS
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