0 Burkhart Rd Howell, MI 48843
This exceptional 19.75-acre parcel in Howell, Michigan, presents a fully approved bulk self-storage development opportunity. The property, zoned Industrial Flex, boasts 55 buildings totaling 196,000 square feet, ready for immediate construction. Complete engineering and construction plans are included, ensuring a seamless transition from acquisition to development. Each of the 55 buildings features dual 14-foot overhead doors, 16-foot ceiling heights, and optional restrooms, offering versatile storage solutions. Building sizes range from 2,400 to 4,800 square feet, with double loading capabilities from both ends and a central separation wall. Many units can accommodate two 53-foot semi-trailers, ideal for larger storage needs. The site includes provisions for two portable loading docks, accessible to all tenants. Heating options are available for individual buildings based on leasing demands. This prime location is conveniently situated off I-96 at the M-59 exit, providing excellent access to the Metro I-96 corridor. The property benefits from a heavily traveled connector route to Grand River, a Class A all-weather state road. No wetlands or environmental concerns exist, and all utilities, including railroad access, are readily available. This is a rare opportunity to acquire a fully permitted, shovel-ready development in a high-demand area. The asking price is $1,499,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.