Property profile

750 Indian Trail Rd Cheboygan, MI 49721

FOR SALE
Vacant Commercial
Property ID
US43-3833742
27.8 ac lot
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Property summary

AI-generated overview

The property is a self-storage facility located approximately 5 miles south of downtown Cheboygan, Michigan, near Burt and Mullett lakes. It sits on a 27-acre lot and includes 190 storage units distributed across 34 buildings, with one building identified as recently completed. The site is condo-approved and features asphalt roofs and 5-inch concrete floors. Storage units have roll-up garage doors and separate entry doors, and each unit includes water hook-ups. A common bathroom is provided, and the electrical infrastructure for the site is planned as scheduled in the spring.

Property profile

Verified
Property type Vacant Commercial
Lot 27.8 ac (1,210,968 SF)
APN 091-024-100-012-00
UPID US43-3833742

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

750 Indian Trail Rd Cheboygan, MI 49721
Cheboygan metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history

since 2024
Last sale
$425,000
1 recorded transaction
2024
$425,000
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