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00 County Line Rd, New Baltimore, MI

$698,000

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5.64

Acres

About 00 County Line Rd

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.

Features of 00 County Line Rd

MLS® # 58050054268
Price $698,000
Acres 5.64
Type Vacant Land
Status Pending

Community Information

Address 00 County Line Rd
Area 03201-New Baltimore
City New Baltimore
County Macomb
State MI
Zip Code 48047

Amenities

Is Waterfront No

Exterior

Lot Description 525 X 408 X 366 X 252

School Information

District Anchor Bay

Additional Information

Zoning Light Industry
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeIronstone Realty
Contact Infodaniel@ironstoneworksforyou.com

Listing Map

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