Private Storage Barn with 14ft
S 13972 S Robinson Road Unit SourceFi Traverse City, MI 49684
S 13972 S Robinson Road Unit SourceFi, Traverse City, MI, 49684
$114,900
For Sale
$114,900
Private storage unit with electricity, off-street parking, and a 14ft garage door for larger vehicles and trailers.
Property Size800 SF
Price / SF$143.63
Days on Market20
Property Features for S 13972 S Robinson Road Unit SourceFi
General Information
- Standard status
- Active
- Size
- 800 SF
- Property subtype
- Industrial
Building Details
- Year Built
- 2013
Listing Agency
Monarch Real Estates, LLC
(231) 645-8276
Listed by
Mary Eckler
(231) 645-8276
Source
Xome
Added: Jun 29 Checked: Jul 18 at 2:15 am
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 Monarch Real Estates, LLC
Investment Insights
Based on property information with market context.
This property is an individual private storage unit within a self-storage setting, offered for sale as a dedicated 800 sqft storage barn. The unit includes its own entrance and off-street parking, along with electrical service for utility access. A 20x40 barn configuration is listed with a 14ft garage door, designed to accommodate larger items such as vehicles, trailers, boats, or RVs “or the like,” as described in the offering.
The unit is located at 13972 S. Robinson Rd., #6 in Traverse City, Michigan. The offering also notes an annual HOA due of $400, with coverage including snow plowing, electricity, and access to water.
Overall, the space is configured as enclosed storage with a large overhead door and the basic utilities identified in the remarks.
The unit is located at 13972 S. Robinson Rd., #6 in Traverse City, Michigan. The offering also notes an annual HOA due of $400, with coverage including snow plowing, electricity, and access to water.
Overall, the space is configured as enclosed storage with a large overhead door and the basic utilities identified in the remarks.
Key Highlights
- Private 800 SF storage unit in Traverse City with a private entrance and off‑street parking.
- 20x40 storage barn includes a 14‑ft garage door for larger vehicles, trailers, boats, and RVs.
- Electricity is included for the storage space and utility access.
Local Financial Insights For Self Storage
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $10.4k | $12.96 |
| − Vacancy | −$829 | −$1.04 |
| EGI | $9.5k | $11.92 |
| − OpEx | −$2.9k | −$3.58 |
| NOI | $6.7k | $8.35 |
800 SF · lease $12.96/SF/yr · vacancy 8.00% · expense 30.00%
Alternative Uses
Best Use
Self Storage
$95.4K
$83.5K – $111.3K
NOI $6,677 @ 7.0% cap · market cap 5.81%
Second Best
Warehouse
$90.9K
$79.6K – $106.1K
NOI $6,366 @ 7.0% cap · market cap 5.54%
Theoretical Best
Office A
$173.8K
$152.1K – $202.8K
NOI $12,165 @ 7.0% cap · market cap 10.59%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Self storage facilities
Similar For Sale Nearby
FAQs
What type of property is this?
Self storage facility - Private storage unit with electricity, off-street parking, and a 14ft garage door for larger vehicles and trailers.
Where is this self storage facility located?
The property is located at S 13972 S Robinson Road Unit SourceFi Traverse City, MI.
What is the asking price?
The asking price for this property is $114,900.
What are key features of this property?
This property features: Private 800 SF storage unit in Traverse City with a private entrance and off‑street parking.; 20x40 storage barn includes a 14‑ft garage door for larger vehicles, trailers, boats, and RVs.; Electricity is included for the storage space and utility access.
