Property profile

800 Mohawk St Tecumseh, MI 49286

OFF-MARKET
Commercial real estate
Property ID
US43-1534405
3,672 SF 1.09 ac lot Built 1999
Entity Owned 3-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional investment opportunity presents a thriving self-storage business located at 800 Mohawk, Tecumseh, MI. The property boasts a substantial 12,312 square feet on a 2.38-acre lot, offering ample space for storage units and future expansion. Currently, 99 indoor units and 16 outdoor spaces are occupied, generating consistent rental income. Security features include a fenced perimeter with a functioning timed gate operating seven days a week, and a comprehensive security camera system. The property also benefits from a dedicated landline with a published phone number. The main building includes a 20' x 30' office space, featuring a foyer, bathroom, two private offices, and two connecting doors leading to a 48' x 64' warehouse addition. The office area is equipped with Anderson windows, gas forced-air heating and air conditioning, city water and sewer, and fluorescent lighting. The warehouse section, constructed with metal siding and roofing, offers a concrete floor, two exterior doors, and two 14' high x 12' wide overhead doors. Radiant heating is installed in the warehouse. Built in 1999, this well-maintained property presents a turnkey operation with significant potential for growth. Serious inquiries only

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1999
Total area 3,672 SF
Lot 1.09 ac (47,480 SF)
Zoning code I-C
APN XT0-325-0329-00
UPID US43-1534405

Cap rate & NOI

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

Location

800 Mohawk St Tecumseh, MI 49286-9515
Tecumseh metro Census 60800 ADRIAN, MI MICROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
by Request
Blend (final) Blend
$65k

Owner & transaction history

since 2023
Last sale
$48,000
1 recorded transaction
2023
$48,000

Zoning & alternative use

I-C · Tecumseh, MI
Zoning description

Sec. 98-80. - I-C-Industrial-commercial district. Intent The I-C Industrial-Commercial Districts are designed to primarily accommodate wholesale activities, warehouses, industrial operations, and commercial uses that hav…

General category INDUSTRIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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