Listing Agency: Keller Williams GR North Show Phone

Listed By: Tammy Jo Budzynski · License #6506043034 Show Phone

Source: Exprealty

Added: Sep 17 Changed: Oct 4 Last Checked: Oct 5 at 11:59PM

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Investment Insights

Based on property information with market context.

The self-storage property at 387 E South Ave in Hesperia, Michigan, contains 38 individual units, each measuring approximately 10' x 20'. The owner uses two units; the other 36 are currently generating rental income.

This configuration offers a mix of owner-used and income-producing storage space within one facility.

Key Highlights

• 38 individual self‑storage units
• Each unit measures approximately 10' x 20'
• 36 units currently generate rental income

Property Analytics

Current Use

Self storage facilities

Suggested Use

Top Pick Building Supply Auto Repair Shop Law Firm Hair Salon Auto Parts Store Big Box & Wholesale 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

100%

Occupancy

Location Intelligence

Trade Area within ½ mile

129

Businesses Nearby

Explore this area Business Placement

Demographics for 49421, MI

5,756

Population

2,817

Households

2

Avg Household Size

45

Median Age

11%

College-Educated

91%

High-School Grad

127.5 sq mi

ZIP Area

45

Density / Sq Mi

$54,858

Median Household Income

$34,323

Median Earnings

$734

Median Rent

$148,000

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

Questions? Ask Rey

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What type of property is this? Where is this self storage facilities located? What is the asking price? Find similar properties What are key features of this property?

Similar For Sale Nearby

38-Unit Self-Storage Facility

387 E South Street, Hesperia, MI 49421

$294,900

7,600 SF

View details

Grocery Store with Garage Storage

6390 N Comstock Avenue, Hesperia, MI 49421

$126,000

2,816 SF

View details

Frequently Asked Questions

What type of property is this?

Self storage facility - Two units are used by the owner, while the remaining units generate rental income.

Where is this self storage facility located?

The property is located at 387 E South Ave Hesperia, MI.

What is the asking price?

The asking price for this property is $294,900.

What are key features of this property?

This property features: 38 individual self‑storage units; Each unit measures approximately 10' x 20'; 36 units currently generate rental income