$3,550,000 USD
770-728-8407
2003 16th Ave E
Palmetto, FL 34221
Palmetto/Ellenton
HIGHLIGHTS
- Robust Demographics: Strong surrounding population with over 53,000 residents within a ±3-mile radius and more than 144,000 within ±5 miles.
- High-Growth Submarket: The area is experiencing rapid expansion, with population growth at 3.5% annually and over $5.8 billion in residential housing
- Management-Driven Operational Upside: Currently under Mom-and-Pop ownership, the facility offers potential to improve occupancy and revenue through pr
- Rental Rate Upside: Open parking rents are currently 14%–18% below comparable facilities in the surrounding market, presenting opportunity for quick r
- Zero New Competition in Development Pipeline: According to TractIQ, there are no known boat and RV storage developments within a ±3-mile radius.
- Seller Financing Options Available
FOR SALE DETAILS
PRICE
$3,550,000 USD
PRICE/SF
$248 USD /SF
CAP RATE
Request Cap Rate
% LEASED
-
TENANCY
-
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Canal Rv & Boat Storage
PROPERTY TYPE
Specialty
PROPERTY SUBTYPE
Self-Storage Facilities
ADD'L SUBTYPES
Self Storage
TOTAL BUILDING SIZE
-
STORIES
1
BUILDING CLASS
-
YEAR BUILT
1977
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
5.22 AC
LAND SF
227,383 SF
ZONING
-
APN/PARCEL ID
25753-0005-9
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770-728-8407
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Please correct the highlighted field(s).
770-728-8407
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