Self Storage-55 Units

Withdrawn Retail-Commercial for Sale
Catylist Listing ID: 30040696
Building Size (RSF): 9,210 SF
Gross Land Area: 0.82 Acres
Sale Price: $259,000
Unit Price: $28.12 PSF
Property Use Type: Investment
Building Name: A-Less Storage
Usable Size (USF): 9,210 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Average Occupancy Rate: 98
Withdrawn On: 9/6/2017
Last Updated: 9/6/2017

Overview / Comments

Reduced from $295,000!!!
Nice clean self storage facility just east of Pine Forest Rd on Detroit Blvd (see exhibits). 42 units in 2 buildings with 1 10'x10' freestanding, 8 additional parking spaces and 2 containers.

Completely fenced and operated via a website with access codes (very low management involvement).

Gross income 2016 $39,342. NOI $32,035

Additional Details

Nearest MSA: Pensacola-Ferry Pass-Brent
County: Escambia
Taxing Authority: Escambia County
Tax ID/APN: 13-1S-31-1100-002-004
Zoning: MDR
Retail Clientele: General, Family, Business
Property Located Between: Pine Forest Rd and Ashland Ave
Property Visibility: Fair
Largest Nearby Street: Pine Forest Rd
Traffic/Vehicle Count: 6,600
Highway Access: Fronts on Detroit Blvd
Airports: Pensacola International
Site Description: Level/Fenced
Area Description: Generally residential
Tenancy: Multiple Tenants
Total Number of Buildings: 2
Number of Stories: 1
Typical SF / Floor: 9,210 SF
Property Condition: Good
Year Built: 1980
Roof Type: Gable
Construction/Siding: Metal Siding, Steel Frame
Exterior Description: Typical self storage
Total Parking Spaces: 10
Parking Ratio: 1.1 (per 1000 SF)
Parking Type: Surface
Parking Description: Gravel
Sprinklers: None
Heat Type: Other
Heat Source: Other
Air Conditioning: Other
Internet Access: Cable
Interior Description: Typical self storage
Zoning Description: MDR
Lot Frontage: 108
Lot Depth: 330
Water Service: Municipal
Sewer Type: None
Easements: Utilities
Land Ownership: Fee Simple
Legal Description: Lengthy In File

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 6,634 46,130 106,883
Median Age: 41.87 40.66 38.01
Households: 2,718 18,390 40,879

Contact

Photograph of Listing Agent

Gary Watson, CCIM

EXIT Realty NFI-Commercial Gulf Coast CMLS Member
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