Heated Self-Storage
New
For Sale
$125,900
6-10006 Milan Rd, Milan, OH 44846
Versatile storage space with 24/7 access, a remote door opener, and shared owner amenities.
Property Size1,320 SF
Price / SF$95.38
Days on Market7
Property Features for 6-10006 Milan Rd
General Information
Standard status
Active
Size
1,320 SF
Warehouse & Industrial
Clear Height
16 ft
Voltage
220 V
Additional Details
Road Access
Yes
Amenities
24/7 access
remote door opener
shared restroom with toilet, stove, refrigerator, meeting room
Listing Agency:
RE/MAX Quality Realty - Sandusky
(419) 656-0576
Listed By:
Jim Ashton
(419) 656-0576
Source:
Exprealty
Added: Jul 26
Changed: Jul 31
Last Checked: Jul 31 at 8:58AM
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 RE/MAX Quality Realty - Sandusky
Investment Insights
Based on property information with market context.
This heated self-storage condo offers approximately 1,320 square feet of versatile space with dimensions of 22 by 60 feet and a 16-foot ceiling height. The fully drywalled interior includes a breaker box with a 220 outlet, supporting storage of boats, RVs, classic cars, business equipment, and personal collections. The unit includes 24/7 access and a remote door opener.
Owners also have access to a shared restroom located behind the main office, along with a toilet, stove, refrigerator, and meeting room. The property is located on State Route 250 at 6-10006 Milan Rd in Milan, Ohio, across from Diyanni Homes and Wayne Homes. Lake Erie Arms is on the same side of State Route 250.
Owners also have access to a shared restroom located behind the main office, along with a toilet, stove, refrigerator, and meeting room. The property is located on State Route 250 at 6-10006 Milan Rd in Milan, Ohio, across from Diyanni Homes and Wayne Homes. Lake Erie Arms is on the same side of State Route 250.
Key Highlights
- Approximately 1,320 square feet with 22x60 dimensions
- 16' ceiling height accommodates boats, RVs, classic cars, and other large items
- Heated, fully drywalled storage condo
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 | $17.4k | $13.20 |
| − Vacancy | −$1.1k | −$0.86 |
| EGI | $16.3k | $12.34 |
| − OpEx | −$4.9k | −$3.70 |
| NOI | $11.4k | $8.64 |
1,320 SF · lease $13.20/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Self Storage
$162.9K
$142.6K – $190.1K
NOI $11,404 @ 7.0% cap · market cap 9.06%
Second Best
Warehouse
$94.1K
$82.3K – $109.8K
NOI $6,586 @ 7.0% cap · market cap 5.23%
Theoretical Best
Multifamily LT 5
$14.53M
$12.71M – $16.95M
NOI $1,016,852 @ 7.0% cap · market cap 807.67%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
16 ft
Clear height
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
134
Businesses Nearby
Explore this area
Business Placement
Demographics for 44846, OH
3,322
Population
1,334
Households
2.5
Avg Household Size
44
Median Age
32%
College-Educated
96%
High-School Grad
22.3 sq mi
ZIP Area
149
Density / Sq Mi
$97,109
Median Household Income
$44,323
Median Earnings
$963
Median Rent
$235,200
Median Home Value
Market
Vacancy Rate% for Industrial in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Self storage facility - Versatile storage space with 24/7 access, a remote door opener, and shared owner amenities.
Where is this self storage facility located?
The property is located at 6-10006 Milan Rd Milan, OH.
What is the asking price?
The asking price for this property is $125,900.
What are key features of this property?
This property features: Approximately 1,320 square feet with 22x60 dimensions; 16' ceiling height accommodates boats, RVs, classic cars, and other large items; Heated, fully drywalled storage condo
