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Property profile & analytics
OFF-MARKET
Industrial properties

536 Monroe-Concord Rd Troy, OH 45373

46,808 SF
Property ID
Property summary
AI-generated overview

This exceptional self-storage facility, located at 536 Monroe-Concord Rd, Troy, OH 45373, presents a lucrative investment opportunity. Built in 2021-2022, this nearly new facility boasts 46,808 square feet and comprises seven buildings housing 300 units, currently operating at 93% occupancy. The property features premium construction materials, including thicker gauge siding and extended-life (40-year) roof screws. The unique 6/12 roof pitch with 10-foot-on-center trussing maximizes interior cubic footage, allowing for higher rental rates. Designed for minimal maintenance, the site includes underground drainage connected to a detention pond, eliminating the need for interior mowing. Security is ensured with 42 POE cameras featuring night vision. Access is controlled via a 12-foot gate with a keypad adjacent to the remodeled on-site manager's house (currently rented). The facility's layout allows for potential unit subdivision to increase the number of rental spaces. The asking price is $6,750,000, translating to $144.21 per square foot and $22,500 per unit. This turnkey operation is ready for immediate ownership.

Property profile
Verified
Property type Industrial properties
Total area 46,808 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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