1095 Co Rd 26 Marengo, OH 43334

Listing agency Franklin Street - Corporate j***@franklinst.com Show Phone

Listed by Justin Clark

Source Franklinst

Added: Apr 1 Updated: Jul 10 at 1:15PM Checked: Jul 10 at 1:15PM

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Investment Insights

Based on property information with market context.

This cash flowing self-storage facility features 129 non-climate controlled units, totaling 17,400 net rentable square feet, and 17 outdoor parking rentals. Situated on two parcels totaling 2.17 acres, the property offers room for an additional storage building or portable storage units. The facility benefits from an automatic gate, keypad entry, and management software, making it an excellent candidate for remote management. Located in Marengo, Central Ohio, approximately 30 miles north of downtown Columbus, the property is within the Columbus MSA, home to 2,180,271 residents. The area boasts a very strong average household income of $94,567 within three miles. There is an opportunity to increase revenue through lease up, stabilization, and the implementation of existing customer rent increases. The low market saturation of 4.9 SF/Capita within five miles of the property suggests the possibility of sticky tenants and future rent increases. Additional revenue opportunities exist through maximizing fee income and the implementation of tenant insurance sales.

Key Highlights

• Cash flowing self‑storage facility with upside potential.
• Opportunity to increase revenue through lease up, rent increases, and fee income.
• Low market saturation (4.9 SF/Capita within five miles).

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FAQs

What type of property is this?

Self storage facility - Self-storage facility with 129 units and outdoor parking rentals.

Where is this self storage facility located?

The property is located at 1095 Co Rd 26 Marengo, OH.

What are key features of this property?

This property features: Cash flowing self‑storage facility with upside potential.; Opportunity to increase revenue through lease up, rent increases, and fee income.; Low market saturation (4.9 SF/Capita within five miles).