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5450 W Shelby Rd - Benona Storage Units 12,000 SF Specialty Building Offered at $650,000 at a 9.23% Cap Rate in Shelby, MI 49455
Investment Highlights
- Low maintenance Property
- Room to Expand
- Tenants on Autopay
Executive Summary
Financial Summary (Actual - 2024) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2024) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts Under Contract
About 5450 W SHELBY RD , SHELBY, MI 49455
Turnkey self-storage investment offering stable cash flow and low management in Oceana County's active recreation corridor. Located between US-31 and the Stony Lake/Silver Lake area, the facility benefits from strong seasonal and local demand with convenient access for residents and visitors. The property features two Trachte all-steel storage buildings constructed in 2019 and 2022 totaling 63 units and approximately 12,000 square feet on 2.2 acres. Occupancy has grown steadily since development, creating a stabilized income-producing asset. Operations are streamlined for efficient ownership with month-to-month leases and all tenants enrolled in automatic payment, allowing for simple remote management and minimal day-to-day oversight. Self-storage remains one of the most resilient real estate asset classes, and this property offers dependable income with a straightforward operating structure. Seller will assist with transition and operational training if desired. NOI ~ 55k/yr
Property Taxes
| Parcel Number | 011-013-100-16 | Total Assessment | $266,400 (2025) |
| Land Assessment | $25,000 (2025) | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $241,400 (2025) | Tax Year | 2024 |
Property Taxes
Presented by
Wickstra Realty, Inc.
5450 W Shelby Rd - Benona Storage Units
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