Self-Storage Unit with Overhead
9388 Adams Street, Zeeland, MI 49464
For Sale
New
$81,900
Commercial Sale, Zeeland, MI
Property Size750 SF
Price / SF$109.20
Days on Market2
Property Features for 9388 Adams Street
General Information
Property type
Property subtype
Elementary school district
Middle school district
High school district
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Standard status
APN
Size
Additional Details
Property Use
Taxes and HOA fees
Tax Year
Tax Description
Legal Description
Utilities
Utilities
Building Details
Year built
Floors in Building
Number of units
Building materials
Roof type
Listing Agency:
Coldwell Banker Woodland Schmidt · Coldwell Banker Real Estate
(616) 396-5221
Listed By:
Andrea L Crossman · License MI #6506043931
(616) 218-0267
Added: Nov 12
Last Checked: Nov 13 at 11:06PM
MLS# 26060017
Copyright © 2026 Michigan Regional Information Center, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
At 9388 Adams Street in Zeeland, this 750-square-foot self-storage unit has a 15' x 50' footprint and was built in 2024. The space includes an approximately 12' wide x 14' high overhead door, 100-amp electric service, LED lighting, and an approximately 5-inch concrete floor. Non-load-bearing partition walls allow the interior layout to be adjusted.
The unit is part of a gated facility in Zeeland, Michigan. An adjoining unit may be available for purchase, subject to availability, association approval, and applicable requirements; combining the spaces would provide approximately twice the area.
The unit is part of a gated facility in Zeeland, Michigan. An adjoining unit may be available for purchase, subject to availability, association approval, and applicable requirements; combining the spaces would provide approximately twice the area.
Key Highlights
- 750 square feet with a 15' x 50' footprint
- Approximately 12' wide x 14' high overhead door
- 100‑amp electric service and LED lighting
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$7,256
Cap Rate
8.86%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$145,120
$145.1K
Cap Rate 7%
$103,657
$103.7K
Cap Rate 9%
$80,622
$80.6K
Market Conditions
NOI Build-Up for 750 SF
Gross rent
$11.0K $14.64/SF
− Vacancy
−$615 −$0.82/SF
EGI
$10.4K $13.82/SF
− OpEx
−$3.1K −$4.15/SF
NOI
$7.3K $9.67/SF
Area
Ottawa County, MI
Vacancy
5.60%
Lease Rate
$14.64 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$145,120
Cap Rate 7%
$103,657
Cap Rate 9%
$80,622
Alternative Uses
Best Use
Warehouse
$180.4K
$157.8K – $210.5K
NOI $12,627 @ 7.0% cap · market cap 15.42%
Second Best
Self Storage
$103.7K
$90.7K – $120.9K
NOI $7,256 @ 7.0% cap · market cap 8.86%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
1
Drive-in doors
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
84
Businesses Nearby
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Business Placement
Demographics for 49464, MI
29,654
Population
11,001
Households
2.7
Avg Household Size
37
Median Age
35%
College-Educated
95%
High-School Grad
73.1 sq mi
ZIP Area
406
Density / Sq Mi
$97,573
Median Household Income
$47,030
Median Earnings
$976
Median Rent
$316,700
Median Home Value
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Market
Vacancy Rate% for Industrial in Midwest region
Frequently Asked Questions
What type of property is this?
Self storage facility - A gated Zeeland facility unit offers adaptable interior space with electrical service and LED lighting.
Where is this self storage facility located?
The property is located at 9388 Adams Street Zeeland, MI.
What is the asking price?
The asking price for this property is $81,900.
What are key features of this property?
This property features: 750 square feet with a 15' x 50' footprint; Approximately 12' wide x 14' high overhead door; 100‑amp electric service and LED lighting
