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Multi-Property Self-Storage Portfolio
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3917 Michigan Ave Rd NE, Cleveland, TN 37323

Eight facilities form a concentrated Tennessee footprint, including climate-controlled storage at the Dayton location.

Property Size116,831 SF
Days on Market153

Property Features for 3917 Michigan Ave Rd NE

General Information

Standard status Active
Size 116,831 SF
Class B
Property subtype Self Storage
Occupancy 93%
Investment Type Stabilized

Additional Details

Self-Storage Units 907

Building Details

Buildings 35
Units 907
Listing Agency: Matthews
Listed By: Austin McLeod · License #394903
Source: Crexi
Added: Apr 3 Changed: Sep 2 Last Checked: Aug 29 at 5:37PM

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 Matthews

Investment Insights

Based on property information with market context.

This Tennessee self-storage portfolio includes 8 properties with 907 units and a combined occupancy rate of 93% across both units and square footage. The assets are operated by the owners with one full-time employee, while advertising expenditures have remained minimal.

The properties are situated within 35 miles of one another, creating a concentrated regional portfolio. The Dayton facility provides climate-controlled storage and is identified as the only climate-controlled facility within 22 miles of that market. In-place rents are below market averages, providing an established operating platform across the portfolio.

Key Highlights

  • 8‑property Tennessee self‑storage portfolio
  • 907 total units across the portfolio
  • 93% occupied by units and square footage

Property Analytics

Current Use

Michigan Avenue Mini ... Warehouse & Storage U-Haul Neighborhood Dealer Car Rental Facility Storage Park Storage Facility

Suggested Use

Top Pick Real Estate Agency Auto Repair Shop Restaurant Hair Salon Law Firm Spa & Massage Center

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

Location Intelligence

Trade Area within ½ mile

129
Businesses Nearby

Demographics for 37323, TN

31,497
Population
12,841
Households
2.5
Avg Household Size
41
Median Age
18%
College-Educated
88%
High-School Grad
114.6 sq mi
ZIP Area
275
Density / Sq Mi
$67,538
Median Household Income
$41,922
Median Earnings
$908
Median Rent
$213,900
Median Home Value

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
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Frequently Asked Questions

What type of property is this?
Self storage facility - Eight facilities form a concentrated Tennessee footprint, including climate-controlled storage at the Dayton location.
Where is this self storage facility located?
The property is located at 3917 Michigan Ave Rd NE Cleveland, TN.
What are key features of this property?
This property features: 8‑property Tennessee self‑storage portfolio; 907 total units across the portfolio; 93% occupied by units and square footage
More about this property
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