1011 W 27th St - Self-Storage Facilities FOR SALE


Scottsbluff, NE 69361
$1,595,000 USD
308-672-6060
1011 W 27th St, Scottsbluff, NE for Sale
$1,595,000 USD
Self-Storage Facilities - FOR SALE
1/4
null | Request Cap Rate

1011 W 27th St
Scottsbluff, NE 69361


HIGHLIGHTS

  • 125 rentable units
  • A competitive edge of 47 (38%) climate-controlled units to cater to a diverse clientele and their sensitive belongings
  • Average vacancy rate of only 10%

OVERVIEW

Acquire Frank Storage, a meticulously maintained, high-occupancy self-storage facility strategically located at 1011 W. 27th Street, Scottsbluff, NE. This institutional-grade asset offers a powerful combination of stabilized cash flow and significant expansion potential. Featuring 125 rentable units, including 47 climate-controlled units (38%) that cater to premium demand, the facility boasts an average vacancy rate of just 10% and streamlined management through seamless online booking. Offered at $1,595,000, this investment represents a compelling $12,760 per door valuation, supported by lean operating expenses and documented 2024 property taxes of $5,343.70. Electric costs are equally efficient at $3,148.61. Beyond its strong fundamentals, the property includes 17,000 square feet of undeveloped land at the rear, bordering a newly developed street—zoned and ready for immediate expansion. This prime acreage unlocks the ability to increase unit count, drive revenue growth, and elevate asset value. Located in Scottsbluff, the economic hub of Western Nebraska, the property benefits from a growing county GDP of $2.25 billion and a projected unemployment rate of 3.2% for 2025, ensuring resilient self-storage demand. Frank Storage is also part of a larger commercial portfolio in Scotts Bluff County, including eight commercial lots directly across the newly developed street, offering additional opportunities for expansion and diversification. This is more than a storage facility—it’s a gateway to long-term growth in a thriving market. Secure your position today and capitalize on this rare opportunity to acquire a stabilized, scalable asset in one of Nebraska’s most dynamic regions.

FOR SALE DETAILS

PRICE

$1,595,000 USD

PRICE/SF

$27 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Frank Storage

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Self-Storage Facilities

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

2002

SPRINKLERS

-

PARKING SPACES

35

LAND DETAILS

LAND ACRES

1.37 AC

LAND SF

59,821 SF

ZONING

03-COMMERC

APN/PARCEL ID

010341803

ASK ABOUT THIS PROPERTY

Court MerriganLandVestMore Info
308-672-6060

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Court MerriganLandVestMore Info
308-672-6060

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.