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RV and Boat Storage Facility

5018 Highway 7, Michigan City, MS 38647

For Sale
Contact for pricing

Purpose-built vehicle storage includes secure enclosed units, on-site management space, and dedicated wash and dump facilities.

Property Size181,720 SF
Lot Size25.66 Acres
Price / SF$40.45
Days on Market21

Property Features for 5018 Highway 7

General Information

Standard status Active
Size 181,720 SF
Total Parking Spaces 6
Lot size 25.66 Acres
Property subtype Self Storage
Occupancy 65%

Site & Location

Highway Access Yes
Road Access Yes
Fenced Yard Yes

Additional Details

Asking Price $7,350,000
Self-Storage Units 320
Tenant in Place Yes
Property Use RV and Boat Storage

Amenities

video surveillance
security lighting
in-unit power and lighting
dump station
RV and boat wash station
management office

Building Details

Year Built 2019
Buildings 17
Stories 1
Listing Agency: Colliers - Nashville, Tennessee
Listed By: Ashley Compton · License TN #77340
Source: Crexi
Added: Oct 20 Changed: Nov 8 Last Checked: Nov 8 at 4:59PM

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 Colliers - Nashville, Tennessee

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This specialty storage property spans approximately 25.66 acres and contains 181,720 rentable square feet across 326 units. Built in phases, the first buildings date to 2019, with a 41,588-square-foot expansion completed in 2023. The inventory includes 320 enclosed, non-climate-controlled units and six surface parking spaces, with unit sizes of 14 by 30, 14 by 40, and 14 by 50 feet. Sixteen single-story storage buildings are complemented by a separate management office that can serve as a caretaker unit. The gated, fenced site has video surveillance, security lighting, power and lighting in units, a dump station, and a wash station for RVs and boats.

At 5018 Highway 7 in Michigan City, the property sits at the junction of Highway 7 and Highway 72, east of Memphis. Highway 7 carries approximately 11,000 vehicles per day. The location is positioned to serve northern Mississippi and the Memphis MSA.

Key Highlights

  • 181,720 rentable square feet across 326 units
  • 320 enclosed, non‑climate‑controlled units and six surface parking spaces
  • 16 single‑story storage buildings; average unit size is approximately 557 square feet

Property Analytics

Current Use

Self storage facilities

Suggested Use

Top Pick HVAC Service Electronics & Wireless 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

65.2%
Occupancy
Yes
Fenced yard
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

3
Businesses Nearby

Demographics for 38647, MS

1,065
Population
382
Households
2.8
Avg Household Size
42
Median Age
7%
College-Educated
65%
High-School Grad
66.7 sq mi
ZIP Area
16
Density / Sq Mi
$51,210
Median Household Income
$30,971
Median Earnings
$74,200
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

Frequently Asked Questions

What type of property is this?
Self storage facility - Purpose-built vehicle storage includes secure enclosed units, on-site management space, and dedicated wash and dump facilities.
Where is this self storage facility located?
The property is located at 5018 Highway 7 Michigan City, MS.
What is the asking price?
The asking price for this property is $7,350,000.
What are key features of this property?
This property features: 181,720 rentable square feet across 326 units; 320 enclosed, non‑climate‑controlled units and six surface parking spaces; 16 single‑story storage buildings; average unit size is approximately 557 square feet
(615) 734-9541 Call to check price and availability
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