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4500 Biddle Ave - 142 UNIT SELF STORAGE FACILITY (2023 BUILD) 19,401 SF Specialty Building Offered at $1,600,000 in Wyandotte, MI 48192
INVESTMENT HIGHLIGHTS
- Dense surrounding population with over 59,000 people living in a 3-mile radius and over 140,000 people living in a 5-mile radius
- Affluent trade area with average household incomes over $84k per year in a 3-mile radius
- Self-operating / Low-touch management
- Significant Value Add Opportunity
EXECUTIVE SUMMARY
Newly Built in 2023, this facility consists of 142 modern storage units and is currently operating with minimal oversight. With strong fundamentals already in place (currently at 70% occupancy), new ownership can unlock substantial value add through professional management, strategic advertising, and improved tenant engagement. Ideal for both seasoned operators and investors entering the self storage space.
PROPERTY FACTS
| Price | $1,600,000 | Building Class | C |
| Price Per SF | $82.47 | Lot Size | 1.04 AC |
| Sale Type | Investment | Building Size | 19,401 SF |
| Property Type | Specialty | No. Stories | 1 |
| Property Subtype | Self-Storage | Year Built | 2023 |
| Zoning | LI - Light Industrial | ||
| Price | $1,600,000 |
| Price Per SF | $82.47 |
| Sale Type | Investment |
| Property Type | Specialty |
| Property Subtype | Self-Storage |
| Building Class | C |
| Lot Size | 1.04 AC |
| Building Size | 19,401 SF |
| No. Stories | 1 |
| Year Built | 2023 |
| Zoning | LI - Light Industrial |
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PROPERTY TAXES
| Parcel Number | 57-023-14-0019-303 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $512,900 |
PROPERTY TAXES
Parcel Number
57-023-14-0019-303
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$512,900
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4500 Biddle Ave - 142 UNIT SELF STORAGE FACILITY (2023 BUILD)
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