28900 Schoolcraft

28900 Schoolcraft, Livonia, MI 48154

Property Information

  • For Sale Contact for pricing
  • Property Type Other
  • Property Size 126,944 SF
  • Lot Size 5.54 Acre
  • Date Updated Jun 19, 2026

Description

  • Class A Climate Controlled Storage, Covered RV Storage, Trailer Storage, U-HAUL Rental, etc.
  • New construction and recently completed with Certificate of Occupancy early in March, 2024.
  • Situated on 5.54 acres comprising a 126,944 SF +/- enclosed climate controlled "drive through" storage building and 159,920 SF +/- of surface storage area.
  • Monthly positive absorption since opening.
  • Onsite amenities: management office, customer P.O. boxes, customer conference room, customer lounge, propane fill station, vacuum / air station.
  • 850' of I-96 frontage along Schoolcraft Rd (service drive) visibility to 142,317 daily cars along I-96.
  • 1-Mile radius to high performing: Costco, Home Depot, Menards, Walmart, Millennium Park Mall, etc.
  • Gross Potential Income "AS IS" of $158,945 / month ($1,907,340 / year).  Currently at $93,935 / month through 10/31/2024.
  • 2023 Real Estate Taxes $98,284.50 (2023 Summer $47,918.55, 2023 Winter $50,365.95).
  • 838 Units defined below:
  • Climate Controlled
    • 204 Interior 1st Floor Self Storage (91.2% occupied)
    • 388 Interior 2nd Floor Self Storage (13.7% Occupied)  -recently completed
    • 35 Exterior Self Storage (88.6% occupied)
    • 33 Bay Self Storage (100% occupied)
    • 40 P.O. Boxes (17.5% occupied)
  • Non-Climate Controlled
    • 92 Covered RV Parking (89.1% occupied)
    • 46 Uncovered Parking (100% occupied)
  • Value Added Potential
    • ​Current climate controlled lower level for additional storage for approximately 3,941 SF (Gross Potential Income $7,000 month / $84,000 year)
    • Future west side drive-up storage could be added for approximately 22,300 SF (Gross Potential Income $30,340 month / $364,080 year)

Contacts

Location

Located at 28900 Schoolcraft, Livonia, MI 48154, this property is part of the Lyndon Manor - Compton neighborhood and Detroit market.

Contact 28900 Schoolcraft
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