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00 County Line Rd

New Baltimore, MI 48047
  • $698,000
  • STATUS: Accepting Backup Offers
  • ON SITE: 251 Days
  • ID#: 58050054268
Under Contract
$698,000
  • 0
    BEDS
  • 5.64
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Vacant Land / Lots
County:
Zoning:
Light Industrial
Lot Size Dimensions:
525 X 408 X 366 X 252

School Ratings & Info

School District:

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.

Monthly Payment Calculator



IDX provided courtesy of Realcomp II Ltd. via Real Estate For A CAUSE and MiRealSource, © 2022 Realcomp II Ltd. Shareholders. Real estate listings held by brokerages other than Real Estate For A CAUSE are marked with the Realcomp-approved IDX logo and are provided through IDX through Realcomp II Ltd. IDX information is provided exclusively for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Data last updated: 2022-05-16T23:57:34.27.
www.refacmi.com/homes/121186289
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00 County Line Rd New Baltimore, MI 48047

  • Price: $698,000
  • Status: Accepting Backup Offers
  • On Site: 251 Days
  • ID#: 58050054268
0
Beds
0
Baths
0
½ Baths
5.64
Acres
Neighborhood:
New Baltimore
County:
Macomb
Area:
New Baltimore
School District:
ANCHOR BAY
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.
Exterior Features

Lot Size Dimensions 525 X 408 X 366 X 252 Road Frontage Type Paved Waterfront YN No

Property Features

Land Contract YN No Listing Financing CashConventional Ownership Status Short Sale - NoPrivate Owned Postal City New Baltimore Sewer Sewer-SanitarySewer At Street Short Sale No Tax Amount Summer 1286.0000 Tax Amount Winter 463.0000 Title Private - Owned Total Tax 1749.0000 Transaction Type Sale Unparsed Address 00 County Line Rd Water Source Water At Street Zoning Light Industrial

IDX provided courtesy of Realcomp II Ltd., via Ironstone Realty: (586) 804-7668 and MiRealSource, ©2022 Realcomp II Ltd. Shareholders.


IDX provided courtesy of Realcomp II Ltd. via Real Estate For A CAUSE and MiRealSource, © 2022 Realcomp II Ltd. Shareholders. Real estate listings held by brokerages other than Real Estate For A CAUSE are marked with the Realcomp-approved IDX logo and are provided through IDX through Realcomp II Ltd. IDX information is provided exclusively for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Data last updated: 2022-05-16T23:57:34.27.
 
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Real Estate For A CAUSE
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