2405 N Aero Park Ct, Traverse City, MI 49686
New 1,600 SF storage unit in Traverse City, Michigan.
- Added:
- Apr 24, 2026
- Days on Market:
- 55
- Last Refresh:
- Apr 24 at 7:55 pm
Property Features for 2405 N Aero Park Ct
General Information
- Standard status
- Active
- Size
- 1,600 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 2025
Listing agent Sean Kickbush License #6501403084
Listing office CENTURY 21 Northland (231) 633-2549
Listing date Apr 24, 2026
Source Elliman
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 CENTURY 21 Northland
HighLights
- Brand new, 1,600 sq ft storage unit in a prime Traverse City location.
- Secure space with a 14' x 14' overhead door.
- Durable steel pole barn construction, fully insulated.
- Plumbed for a future bathroom.
- Opportunity to acquire multiple units without interior partitions (if purchased early).
- Built in 2025
Overview
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 | $20.7k | $12.96 |
| − Vacancy | −$1.7k | −$1.04 |
| EGI | $19.1k | $11.92 |
| − OpEx | −$5.7k | −$3.58 |
| NOI | $13.4k | $8.35 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Traverse City
- County
- Grand Traverse
- State
- Michigan
- Longitude
- -85.5745399
- Latitude
- 44.7456088
