1100 Degurse Ave, Marine City, MI 48039-3807
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.