Listed by Advantage Commercial Real Estate
$2,200,000
Fort Knox Self Storage
Details
APN 411806177001
Property Type Industrial
Sub Type Refrigerated/Cold Storage
Square Footage 45,492
Units 363
Cap Rate 4.86%
NOI $107,012
Price per SqFt $48
Year Built 1910
Buildings 2
Stories 4
Acreage 1.106
Zoning SD-IT; Special District Institutional Transportation
Investment Type Value Add
Ceiling Height 14'
Industrial | 4.86% CAP | 45,492 SqFt
Marketing description
1514 Jefferson Ave SE presents an excellent value-add opportunity in Grand Rapids, offering 37,400 RSF across 363 units on a 1.11-acre site. The property includes four floors of climate-controlled storage, freight elevator access, on-site signage, and significant growth potential at stabilized occupancy. Positioned just two miles from Downtown Grand Rapids, the site benefits from strong surrounding demographics and continued demand for infill storage solutions.
Listing Contacts
Listed by Advantage Commercial Real Estate
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$107,012.00
$8,917.67/mo
Valuation Metrics
0
DSCR
4.86%
Cap Rate
4.86%
ROI
Map
Zoning
SD-IT SpecialSpecial District Institutional Transportation
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View all 50 uses Last updated May 9, 2026 For deeper zoning details, reports are available at Zoneomics
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