50 GRAY RD
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Location
50 GRAY RD
Mblu
R05/ 45/ / /
Acct#
Owner
SELF-STORAGE PORTFOLIO XVI DST
Total Market Value
$3,925,100
Appraisal
$3,925,100
PID
818
Building Count
4
Tax Sheet
451
Current Value
Appraisal
Valuation YearBuildingExtra FeaturesOutbuildingsLandTotal
2025$1,033,300$0$1,849,600$1,042,200$3,925,100
Assessment
Valuation YearBuildingExtra FeaturesOutbuildingsLandTotal
2025$1,033,300$0$1,849,600$1,042,200$3,925,100

Owner of Record
OwnerSELF-STORAGE PORTFOLIO XVI DST
Co-Owner
Address2901 BUTTERFIELD RD
OAK BROOK, IL 60523
Sale Price$13,162,000
Certificate
Book & Page 39113/0089
Sale Date12/14/2021
Instrument1J

Ownership History
Ownership History
OwnerSale PriceCertificateBook & PageInstrumentSale Date
SELF-STORAGE PORTFOLIO XVI DST$13,162,000 39113/00891J12/14/2021
MHC 71 (FALMOUTH ME) LLC$5,376,000 35960/02701N08/26/2019
FALMOUTH SELF STORAGE LLC$0 31248/00510012/23/2013
CHASE DAVID$267,000 7262/0031 07/09/1986
HAMLIN SAND & GRAVEL COMPANY$0 3162/07981N03/16/1971

Building Information
Building 1 : Section 1
Year Built: 2013
Living Area: 4,000
Replacement Cost: $317,239
Building Percent Good: 86
Replacement Cost
Less Depreciation:
$272,800
Building Attributes
FieldDescription
Style:Pre-Eng Warehs
ModelIndustrial
GradeAverage +20
Stories:1
Occupancy2.00
Exterior Wall 1Pre-finsh Metl
Exterior Wall 2Stucco on Wood
Roof StructureFlat
Roof CoverMetal/Tin
Interior Wall 1Minim/Masonry
Interior Wall 2 
Interior Floor 1Concr-Finished
Interior Floor 2 
Heating FuelElectric
Heating TypeFloor Furnace
AC TypeHeat Pump
Bldg UseIND WHSES
Total Rooms 
Total Bedrms00
Total Baths0
1st Floor Use:4010
Heat/ACHEAT/AC PKGS
Frame TypeSTEEL
Baths/PlumbingAVERAGE
Ceiling/WallNONE
Rooms/PrtnsAVERAGE
Wall Height16.00
% Comn Wall0.00
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
BASFirst Floor 3,000 3,000
AOFOffice, (Average) 1,000 1,000
CANCanopy 56 0
   4,056 4,000
Building 2 : Section 1
Year Built: 2015
Living Area: 4,200
Replacement Cost: $211,176
Building Percent Good: 86
Replacement Cost
Less Depreciation:
$181,600
Building Attributes : Bldg 2 of 4
FieldDescription
Style:Warehouse
ModelCommercial
GradeAverage
Stories:1
Occupancy40.00
Exterior Wall 1Pre-finsh Metl
Exterior Wall 2 
Roof StructureGable/Hip
Roof CoverMetal/Tin
Interior Wall 1Wall Brd/Wood
Interior Wall 2 
Interior Floor 1Concr-Finished
Interior Floor 2 
Heating FuelGas
Heating TypeForced Air-Duc
AC TypeCentral
Bldg UseCOMM WHSE
Total Rooms40
Total Bedrms0
Total Baths0
1st Floor Use: 
Heat/ACHEAT/AC PKGS
Frame TypeSTEEL
Baths/PlumbingNONE
Ceiling/WallNONE
Rooms/PrtnsLIGHT
Wall Height14.00
% Comn Wall50.00
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
BASFirst Floor 4,200 4,200
   4,200 4,200
Building 3 : Section 1
Year Built: 2016
Living Area: 2,080
Replacement Cost: $245,354
Building Percent Good: 94
Replacement Cost
Less Depreciation:
$230,600
Building Attributes : Bldg 3 of 4
FieldDescription
Style:Family Duplex
ModelResidential
Grade:Average +10
Stories:1
Occupancy2
Exterior Wall 1Vinyl Siding
Exterior Wall 2 
Roof Structure:Gable/Hip
Roof CoverAsph/F Gls/Cmp
Interior Wall 1Drywall/Sheet
Interior Wall 2 
Interior Flr 1Hardwood
Interior Flr 2 
Heat FuelGas
Heat Type:Forced Air-Duc
AC Type: 
Total Bedrooms:2 Bedrooms
Total Bthrms:2
Total Half Baths:0
Total Xtra Fixtrs:6
Total Rooms:8
Bath Style:Avg/Modern
Kitchen Style:Avg/Modern
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
BASFirst Floor 2,080 2,080
FGRGarage, Attached 672 0
FOPPorch, Open 64 0
   2,816 2,080
Building 4 : Section 1
Year Built: 2016
Living Area: 9,750
Replacement Cost: $395,850
Building Percent Good: 88
Replacement Cost
Less Depreciation:
$348,300
Building Attributes : Bldg 4 of 4
FieldDescription
Style:Warehouse
ModelCommercial
GradeAverage
Stories:1
Occupancy40.00
Exterior Wall 1Pre-finsh Metl
Exterior Wall 2 
Roof StructureGable/Hip
Roof CoverMetal/Tin
Interior Wall 1Wall Brd/Wood
Interior Wall 2 
Interior Floor 1Concr-Finished
Interior Floor 2 
Heating FuelGas
Heating TypeHot Air-no Duc
AC TypeCentral
Bldg UseCOMM WHSE
Total Rooms40
Total Bedrms 
Total Baths 
1st Floor Use: 
Heat/ACHEAT/AC PKGS
Frame TypeSTEEL
Baths/PlumbingNONE
Ceiling/WallNONE
Rooms/PrtnsLIGHT
Wall Height14.00
% Comn Wall50.00
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
BASFirst Floor 9,750 9,750
   9,750 9,750

Extra Features
Extra Features

No Data for Extra Features


Land
Land Use
Use Code4010
DescriptionIND WHSES  
Neighborhood
Alt Land ApprNo
Category
Land Line Valuation
Size (Acres)8.68
Frontage0
Depth0
Total Market Land$1,042,200
Appraised Value$1,042,200

Outbuildings
Outbuildings
CodeDescriptionSub CodeSub DescriptionSizeValueBldg #
SSB2SELF STORAGE 2000-2900SF2400.00 S.F.$77,5002
PAV1PAVING-ASPHALT  50000.00 S.F.$202,5001
SSB1SELF STORAGE 1000-1900SF1350.00 S.F.$44,8002
SSC1SELF STORAGE 3000-3900SF3000.00 S.F.$99,9002
LT6W/DOUBLE LIGHT  1.00 UNITS$1,7001
SSB2SELF STORAGE 2000-2900SF2400.00 S.F.$77,5002
SSB2SELF STORAGE 2000-2900SF2400.00 S.F.$82,1002
FN2FENCE-5' CHAIN  368.00 L.F.$8,6001
SSC1SELF STORAGE 3000-3900SF3600.00 S.F.$119,9002
FN3FENCE-6' CHAIN  320.00 L.F.$9,5001
SSB2SELF STORAGE 2000-2900SF2400.00 S.F.$77,5002
FN8W/O TOP RL-6'  330.00 L.F.$6,8001
SSC2SELF STORAGE 4000-4900SF4200.00 S.F.$136,1002
SSB2SELF STORAGE 2000-2900SF2400.00 S.F.$82,1002
SSB2SELF STORAGE 2000-2900SF2400.00 S.F.$82,1002
SSC2SELF STORAGE 4000-4900SF4200.00 S.F.$136,1002
SSB2SELF STORAGE 2000-2900SF2400.00 S.F.$82,1002
SSC1SELF STORAGE 3000-3900SF3000.00 S.F.$99,9002
SSC1SELF STORAGE 3000-3900SF3000.00 S.F.$99,9002
SSD1SELF STORAGE 5000-5900SF5600.00 S.F.$186,2002
SSC2SELF STORAGE 4000-4900SF4000.00 S.F.$136,8002
Valuation History
Appraisal
Valuation YearBuildingExtra FeaturesOutbuildingsLandTotal
2025$1,033,300$0$1,849,600$1,042,200$3,925,100
2024$1,034,600$0$1,849,600$1,042,200$3,926,400
2023$1,033,300$0$1,849,600$1,042,200$3,925,100

Assessment
Valuation YearBuildingExtra FeaturesOutbuildingsLandTotal
2025$1,033,300$0$1,849,600$1,042,200$3,925,100
2024$1,034,600$0$1,849,600$1,042,200$3,926,400
2023$1,033,300$0$1,849,600$1,042,200$3,925,100

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