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Four-Site Self Storage Portfolio

48 N Farver Road, Elkton, MI 48731

For Sale
Contact for pricing

Four east-central Michigan facilities combine drive-up storage, outdoor parking, security features and room for expansion at several sites.

Property SizeContact for details
Days on Market36

Property Features for 48 N Farver Road

General Information

Standard status Active
Property subtype Self Storage
Occupancy 95%

Site & Location

Highway Access Yes
Road Access Yes
Fenced Yard Yes

Additional Details

Tenant in Place Yes
Property Use Self Storage

Amenities

perimeter fence
keypad access
security cameras
lighting
Listing Agency: Evan DeCiantis
Listed By: Mark Floria · License MI #6501347381
Source: Crexi
Added: Oct 6 Changed: Nov 8 Last Checked: Nov 10 at 7:47AM

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

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Investment Insights

Based on property information with market context.

This self-storage portfolio spans four locations in east-central Michigan, all within 45 miles of one another. The Elkton property has 9 Trachte buildings with 248 drive-up units across 41,100 square feet, plus 20 leased outdoor parking spaces. A perimeter fence, keypad entry and security cameras secure the site. Bay Port includes two buildings with 43 units; both received new roofs in 2020, and the nearly 8-acre property has room to expand. In Caseville, State Park Self Storage offers just over 10,000 square feet, a range of unit sizes, fencing and site lighting, with outdoor parking that could be converted for another building. The Caro location pairs just over 13,000 square feet of storage with an occupied 10,000-square-foot commercial building; the gated storage area has cameras and expansion room.

Two locations are visible from M-25, and State Park Self Storage has Lake Huron views. The properties have historically reported occupancy levels ranging from 90% to full, with the Bay Port and Caseville facilities described as consistently full. Elkton is the only facility within a 9-mile radius, while Bay Port is the only one within a 6-mile radius.

Key Highlights

  • Four self‑storage locations in east‑central Michigan, all within 45 miles of one another
  • Elkton site: 9 Trachte buildings, 248 drive‑up units and 41,100 square feet
  • Elkton property includes 20 leased outdoor parking spaces, perimeter fencing, keypad access and security cameras

Property Analytics

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Current Use

Huron County Storage Storage Facility

Suggested Use

Top Pick Building Supply Grocery & Convenience Store Auto Parts Store Garden Center (Bike/Boat/Book/etc) Store Pharmacy

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

95%
Occupancy
Yes
Fenced yard
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

15
Businesses Nearby

Demographics for 48731, MI

1,568
Population
769
Households
2
Avg Household Size
41
Median Age
16%
College-Educated
93%
High-School Grad
48.9 sq mi
ZIP Area
32
Density / Sq Mi
$50,288
Median Household Income
$31,862
Median Earnings
$841
Median Rent
$105,600
Median Home Value
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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

Frequently Asked Questions

What type of property is this?
Self storage facility - Four east-central Michigan facilities combine drive-up storage, outdoor parking, security features and room for expansion at several sites.
Where is this self storage facility located?
The property is located at 48 N Farver Road Elkton, MI.
What is the asking price?
The asking price for this property is $4,250,000.
What are key features of this property?
This property features: Four self‑storage locations in east‑central Michigan, all within 45 miles of one another; Elkton site: 9 Trachte buildings, 248 drive‑up units and 41,100 square feet; Elkton property includes 20 leased outdoor parking spaces, perimeter fencing, keypad access and security cameras
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