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    Property profile & analytics
    OFF-MARKET Estimated value $925,000
    Warehouses

    1100 Degurse Ave, Marine City, MI 48039-3807

    20,250 SF 1.62 ac lot Built 1986
    Entity Owned 3-yr Hold ~ Est. High Equity
    Property ID
    US43-4529450
    Property summary
    AI-generated overview

    This exceptional investment opportunity presents a 20,850 square foot self-storage facility located at 1100 Degurse Ave, Marine City, MI 48039. The property sits on a 1.62-acre lot (APN: 02-001-2030-055) and comprises seven remotely managed buildings, all fully fenced and gated with a paved drive. The facility currently boasts 107 units and 1,200 square feet of office space leased to a local tenant under a triple-net lease. Currently operating at 74% physical occupancy (76% economic occupancy), this property offers significant value-add potential through rental rate increases to market standards. Recent improvements include roofing repairs completed in 2023. Strategically located near the intersection of King Road and Marine City Highway, this asset benefits from its position within Marine City's main commercial district, providing easy access to both commercial and residential tenants. As one of only three self-storage facilities in Marine City, this property presents a rare opportunity in a stable, underserved market, with proximity to the larger Detroit metropolitan area while maintaining a small-town atmosphere. The property's strong location and value-add potential make it an attractive investment for savvy self-storage investors.

    Property profile
    Verified
    Property type Warehouses
    Use group WAREHOUSE, STORAGE
    Year built 1986
    Total area 20,250 SF
    Lot 1.62 ac (70,480 SF)
    APN 74-02-001-2030-055
    UPID US43-4529450
    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
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $919k
    Blend (final) Blend
    $925k
    Owner & transaction history
    Arcadial Pine LLC · 3 yrs held
    Arcadial Pine LLC
    since 2023
    Last sale
    $930,000
    5 recorded transactions
    2023
    $637,000
    2020
    2011
    $490,000
    1969
    1969
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Retail stores $1.4M +24.4%
    Auto repair, garage $1.3M +13.9%
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