Building Details

Building Size 5,300 SF

Listing Agency: Evan DeCiantis

Listed By: Mark Floria · License #MI 6501347381

Source: Crexi

Added: Apr 12 Changed: Aug 29 Last Checked: Aug 29 at 7:23PM

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Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Evan DeCiantis

Investment Insights

Based on property information with market context.

This self-storage facility includes 32 units within a 5,300-square-foot improvement on a 5.03-acre parcel. Physical and economic occupancy is 56.3%, and the property is described as having room for expansion. The existing unit count and available land provide a straightforward basis for evaluating additional storage development.

Located at 7372 E Houghton Lake Road in Merritt, Michigan, the facility is identified as the only self-storage property within a 7-mile radius. The site offers direct road access and an established operating footprint for continued management and development planning.

Key Highlights

• 32 storage units across 5,300 square feet
• 5.03‑acre parcel with room for expansion
• 56.3% physical and economic occupancy

Property Analytics

Property Profile

Current Use

Self storage facilities

Suggested Use

Top Pick Plumbing Service (Bike/Boat/Book/etc) Store Kitchen & Bath Showroom Law Firm Restaurant Department Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

56.3%

Occupancy

Location Intelligence

Trade Area within ½ mile

19

Businesses Nearby

Explore this area Business Placement

Demographics for 49667, MI

546

Population

518

Households

1.1

Avg Household Size

52

Median Age

9%

College-Educated

88%

High-School Grad

64.5 sq mi

ZIP Area

8

Density / Sq Mi

$46,806

Median Household Income

$33,563

Median Earnings

$793

Median Rent

$130,700

Median Home Value

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019

4.9% 2020

3.6% 2021

3.1% 2022

4.6% 2023

5% 2024

4.9% 2025

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Frequently Asked Questions

What type of property is this?

Self storage facility - Self-storage property on a sizable parcel with additional capacity for future development.

Where is this self storage facility located?

The property is located at 7372 E Houghton Lake Rd Merritt, MI.

What are key features of this property?

This property features: 32 storage units across 5,300 square feet; 5.03‑acre parcel with room for expansion; 56.3% physical and economic occupancy