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Insulated Storage Condo with Heat

6340 Goose Drive Freeland, MI 48623

New
6340 Goose Drive, Freeland, MI, 48623
$99,900
For Sale
$99,900

COMMERCIAL - Freeland, MI

Property Size1,250 SF
Lot Size0.02 Acres
Price / SF$79.92
Days on Market4

Property Features for 6340 Goose Drive

General Information

Property type
Commercial Sale
Property subtype
Other
Standard status
Active
APN
29-13-3-27-3001-018
Size
1,250 SF
Lot size
0.02 Acres

Taxes and HOA fees

Tax Year
2026
Tax Annual Amount
2317

Utilities

Heating system
Radiant
Water source
Public

Building Details

Year built
2026
Roof type
Asphalt
Listing Agency Century 21 Signature Realty (Freeland)
7485 Midland, Saginaw, MI
Listed by Michael Schauman · License #6501377421
Added: Jul 14 Checked: Jul 17 at 10:06 am
MLS# 50214829

Copyright © 2026 Multiple Listing Service MiRealSource. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This insulated storage condo is built for year-round use and includes radiant tube heat, as well as white steel-finished interior walls and ceilings designed for a clean, durable interior. The unit measures 25' x 50' and features a convenient two-piece bathroom and an interior hose hookup. Access is provided by an oversized 16' x 14' overhead door for larger vehicles and equipment, plus a separate 3' x 6' 8" entry door with keypad access.

The property is located at 6340 Goose Drive in Freeland, Michigan. According to the listing, monthly association dues are $100 and cover exterior building maintenance, lawn care, and snow removal.

The condo is part of a fully customizable unit setup, allowing an owner to tailor the space for additional storage or workspace needs within the provided structure and finishes.

Key Highlights

  • 25' x 50' insulated storage condo (Unit 8) built in 2026
  • Radiant tube heat with fully insulated construction for year‑round use
  • 16' x 14' overhead door for large vehicle and equipment access

Local Financial Insights For Warehouse

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 $10.5k $8.40
− Vacancy −$420 −$0.34
EGI $10.1k $8.06
− OpEx −$1.5k −$1.21
NOI $8.6k $6.85
1,250 SF · lease $8.40/SF/yr · vacancy 4.00% · expense 15.00%

Alternative Uses

Best Use
Self Storage
$145.7K
$127.5K – $170.0K (±1% cap)
NOI $10,198 @ 7.0% cap · market cap 10.21%
Second Best
Warehouse
$122.4K
$107.1K – $142.8K (±1% cap)
NOI $8,568 @ 7.0% cap · market cap 8.58%
Theoretical Best
Specialty Retail
$230.9K
$202.1K – $269.4K (±1% cap)
NOI $16,166 @ 7.0% cap · market cap 16.18%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Self storage facilities

FAQs

What type of property is this?
Self storage facility - Insulated 25' x 50' unit with radiant tube heat, a 16' x 14' overhead door, and keypad entry.
Where is this self storage facility located?
The property is located at 6340 Goose Drive Freeland, MI.
What is the asking price?
The asking price for this property is $99,900.
What are key features of this property?
This property features: 25' x 50' insulated storage condo (Unit 8) built in 2026; Radiant tube heat with fully insulated construction for year‑round use; 16' x 14' overhead door for large vehicle and equipment access
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More about this property
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