239 Buffalo Rd - Commercial LAND FOR SALE


Clinton, TN 37716 740,520 SF
$750,000 USD
215-531-7000
239 Buffalo Rd, Clinton, TN for Sale
$750,000 USD
Commercial LAND - FOR SALE
1/1
740,520 SF

239 Buffalo Rd
Clinton, TN 37716


OVERVIEW

INVESTMENT OVERVIEW Marcus & Millichap is pleased to exclusively offer for sale a Self Storage Development Project located in Clinton, TN. Located at 239 Buffalo Rd in Clinton, TN, this property sits on a strategically positioned 17-acre parcel of land. With approval for 85,000 NRSF of self-storage, this project offers significant potential for investors looking to capitalize on the growing demand for storage solutions in the area. The property boasts 12 acres suitable for storage development, providing ample space to construct a state-of-the-art self-storage facility. The northeast side of the parcel provides exceptional visibility with 2,000 feet of frontage on I-75, a major interstate highway. This prime location ensures high exposure to the 37,000 average daily vehicles passing by. The market for self-storage in Clinton, TN is underserved with only 2.8 square feet per capita of existing supply within a 5-mile radius. This presents a significant opportunity for growth and demand for new storage facilities in a market that commands an average annual rental rate of $19.22 per square foot for a 10x10 climatecontrolled unit, indicating strong potential for robust rental income. INVESTMENT HIGHLIGHTS Plans Approved to Build 85,000 NRSF of Self Storage 12 Buildable Acres situated on 17 Acre Parcel $19.22/SF Annual Market Average for 10x10 Climate Controlled Unit 2.8 SF/Capita of Existing Storage in 5-Miles Over 2,000 ft of Road Frontage on I-75 Seeing Over 37,000 AVPD

FOR SALE DETAILS

PRICE

$750,000 USD

PRICE/ACRE

$44,118/AC

PRICE/SF

$1 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

Self-Storage or Multifamily development

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Multi-Family, Self-Storage

LAND ACRES

17 AC

LAND SF

740,520 SF

OFFSITE IMPROVEMENTS

-

ZONING

-

APN/PARCEL ID

043-133.01

ASK ABOUT THIS PROPERTY

Andreas MakrisMarcus & MillichapMore Info
215-531-7000

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Andreas MakrisMarcus & MillichapMore Info
215-531-7000

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