12474 McCrearys Ridge Rd - Self-Storage Facilities FOR SALE


Florence, IN 47020
$850,000 USD
859-630-5391
12474 McCrearys Ridge Rd, Florence, IN for Sale
$850,000 USD
Self-Storage Facilities - FOR SALE
1/3
null | Request Cap Rate

12474 McCrearys Ridge Rd
Florence, IN 47020


HIGHLIGHTS

  • 89-Unit Self-Storage Facility on 2.1311 Acres
  • Consistently Strong Occupancy in the Mid-90% Range
  • Land for Additional Buildings To Be added
  • Steady Rent Growth

OVERVIEW

Enterprise Store & Lock is a well-maintained, 89-unit self-storage facility on 2.1311 acres, featuring multiple metal-frame buildings, an on-site office, and easy drive-up access throughout. The property has maintained occupancy in the mid-90% range, supported by steady rent growth and a growing base of auto-pay tenants. Recent capital improvements include updated exterior lighting, roof repairs, replaced roll-up doors, and new security cameras. All units are drive-up, non-climate-controlled. A generous, already-graded open area at the rear of the site offers room to add a second building — a clear path to expand NOI. A turn-key investment with strong in-place cash flow and organic growth potential.

FOR SALE DETAILS

PRICE

$850,000 USD

PRICE/SF

$71 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Self-Storage Facilities

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1995

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2 AC

LAND SF

87,120 SF

ZONING

-

APN/PARCEL ID

78-09-04-114-010.003-001

ASK ABOUT THIS PROPERTY

Brett SlusherKW CommercialMore Info
859-630-5391

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Brett SlusherKW CommercialMore Info
859-630-5391

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