2935 Crawford Wyandot Rd - Self-Storage Facilities FOR SALE


Nevada, OH 44849
$1,034,061 USD
407-924-1408
2935 Crawford Wyandot Rd, Nevada, OH for Sale
$1,034,061 USD
Self-Storage Facilities - FOR SALE
1/8
null | 6.56% Cap Rate

2935 Crawford Wyandot Rd
Nevada, OH 44849


HIGHLIGHTS

  • Massive Upside Potential: Unlock value through increasing occupancy, raising rates, filling 1 acre of high-demand recreational/outdoor storage
  • High Demand: All local recreational/outdoor storage competitors are 100% full
  • Diverse Inventory: Facility includes 4 storage buildings, 2-bedroom rental home, 2-car garage, outdoor parking/storage & an income-producing billboard
  • Significant Upside from Outdoor Parking Lease-Up | Year 2 Assumptions: 50 Outdoor parking spaces leased | Projected Year 2 NOI/Cap: $108,509 / 10.49%
  • Attractive Location: 4.97 Net Rentable ft(²) Per Person in a 5-Mile Radius (TractIQ report)| Located along US Highway 30 with 11,041+ AADT
  • Recent Upgrades: Current ownership renovated the rental home in 2024 with new appliances, flooring, plumbing & exterior upgrades

OVERVIEW

Current Cap Rate: 6.56% Year 2 Cap Rate: 10.49%

FOR SALE DETAILS

PRICE

$1,034,061 USD

PRICE/SF

$61 USD /SF

CAP RATE

6.56%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

A&B Storage

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Self-Storage Facilities

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2003

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

3.53 AC

LAND SF

153,767 SF

ZONING

-

APN/PARCEL ID

37-0010676.003

ASK ABOUT THIS PROPERTY

Christopher TravisRipco Real EstateMore Info
407-924-1408

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

Christopher TravisRipco Real EstateMore Info
407-924-1408

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