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2485 N Us Highway 1
Fort Pierce, FL 34946

$2,999,000 USD

Self Storage For Sale  •  9,885 SF

Property Details

  • Property Type Self Storage
  • Total Building Size 9,885 SF
  • Lot Size 1.03 AC
  • Building Class C
  • Year Built 1987
  • Zoning CG
0 Transit Score
40 Walk Score

Highlights

Robust cash flow offers an investor a strong Cap Rate return | CAP RATE RETURN: 7.25%
161 Units | 26,811 Gross Rentable SF | 33,048 Gross Rentable SF (includes parking) | Diversified unit mix & air-conditioned units available
Prime self-storage development opportunity spanning 2.4 acres, strategically located in an area with a robust traffic count of 22,500+ AADT
Benefit from a favorable insurance landscape with minimal structural coverage requirements, reducing overall cos
Upside available by stabilizing the occupancy, expansion of relocatable unit business, new on-site development, and ongoing rental rate adjustments
The site is secured with perimeter fencing & gated entry for enhanced safety and the ability to operate remotely
Christopher Travis 407-924-1408 Ripco Real Estate
Christopher Travis 407-924-1408 Ripco Real Estate