2564 Britton RdPerry, MI 48872

  • Commercial real estate
  • 3.80 AC
For Sale
$1,300,000 View listing

Property Details for 2564 Britton Rd

Lot size
3.80 AC
Property type
Commercial real estate
APN
024-60-006-001-06
APU
246000600106

Description

This stabilized self-storage investment opportunity in Perry, Michigan, presents a compelling opportunity for income generation. The property, located at 2564 W Britton Rd, features seven buildings encompassing 188 units, ranging in size from 5x10 to 10x20. Currently boasting a high occupancy rate with only one unit available, the facility generates approximately $134,400 in annual gross revenue. The 3.8-acre lot includes both covered and outdoor storage options, providing flexibility and expansion potential. The property benefits from a strategic location off busy M-52, across from Perry Public Schools, and with convenient access to I-69 and nearby residential areas. Most buildings feature recently installed metal roofs, and the entire property is secured with a sophisticated gate system. The asking price for this well-maintained, high-performing asset is $1,300,000. The property's APN is 024-60-006-001-06. This turnkey operation offers immediate cash flow and significant upside potential.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $32,434,276
    Hospitality
    $29,709,622
    Educational
    $24,718,058
    Medical
    $25,568,150
    Retail
    $38,450,312
2564 Britton Rd, Perry, Michigan

Location Insight

City
Perry
County
Shiawassee
State
Michigan
Latitude
42.8354
Longitude
-84.2103
CBSA code
29620
CBSA name
LANSING-EAST LANSING, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$9,474
-
-
$187,600
-
-
-
$375,200

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