Gated Mini-Storage with RV
16331 CORTEZ Blvd Brooksville, FL 34601
16331 CORTEZ Blvd, Brooksville, FL, 34601
$1,400,000
For Sale
$1,400,000
Gated, fenced mini-storage property with 94 indoor units plus outside RV/boat storage and an on-site manager apartment.
Property Size13,500 SF
Lot Size1.38 Acres
Price / SF$103.70
Days on Market49
Property Features for 16331 CORTEZ Blvd
General Information
- Standard status
- Active
- Size
- 13,500 SF
- Lot size
- 1.38 Acres
- Property subtype
- Industrial
Building Details
- Year Built
- 1985
Listing agency
Home-Land Real Estate, Inc.
(352) 279-1150
Listed by
Kimberly Pye, PA · License #3315876
(352) 279-1150
Source
Elliman
Added: Jun 3 Updated: Jul 10 at 1:52PM Checked: Jul 21 at 7:01AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Home-Land Real Estate, Inc.
Investment Insights
Based on property information with market context.
This for-sale mini-storage property includes 1.38 acres with two large buildings totaling 13,500 square feet, along with an established business operation. The site offers 94 storage units and includes outside RV/boat storage. On-site improvements include freshly painted and updated facilities, with the property secured by gated and fenced access. A large office and additional commercial rental space are also included, with the commercial rental space currently rented. For on-site oversight, the property includes a full apartment for a live-in manager with two bedrooms and one bathroom.
Located on Cortez Blvd in Brooksville, Florida, the site is zoned C2. The property reports an average annual daily traffic count of 17,500 and is close to the Suncoast Parkway, supporting drive-by visibility for storage customers.
For a buyer or operator seeking an operationally managed storage business, the unit count, outside RV/boat storage, and dedicated office space create a straightforward mix of offerings. The presence of a live-in manager apartment can support day-to-day site administration. The current setup also indicates a reliance on consistent management, since the business is described as not being leased to full potential without a full-time manager and marketing support.
Located on Cortez Blvd in Brooksville, Florida, the site is zoned C2. The property reports an average annual daily traffic count of 17,500 and is close to the Suncoast Parkway, supporting drive-by visibility for storage customers.
For a buyer or operator seeking an operationally managed storage business, the unit count, outside RV/boat storage, and dedicated office space create a straightforward mix of offerings. The presence of a live-in manager apartment can support day-to-day site administration. The current setup also indicates a reliance on consistent management, since the business is described as not being leased to full potential without a full-time manager and marketing support.
Key Highlights
- Mini‑storage on 1.38 acres with two large buildings totaling 13,500 SF
- 94 indoor storage units plus outside RV/boat storage for additional income
- On‑site 2‑bedroom, 1‑bath apartment for a live‑in manager
Local Financial Insights For Self Storage
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $194.4k | $14.40 |
| − Vacancy | −$15.6k | −$1.15 |
| EGI | $178.8k | $13.25 |
| − OpEx | −$53.7k | −$3.97 |
| NOI | $125.2k | $9.27 |
13,500 SF · lease $14.40/SF/yr · vacancy 8.00% · expense 30.00%
Alternative Uses
Best Use
Self Storage
$1.79M
$1.56M – $2.09M
NOI $125,194 @ 7.0% cap · market cap 8.94%
Second Best
Industrial
$1.55M
$1.35M – $1.81M
NOI $108,321 @ 7.0% cap · market cap 7.74%
Theoretical Best
Office A
$3.08M
$2.69M – $3.59M
NOI $215,266 @ 7.0% cap · market cap 15.38%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Self storage facilities
Similar For Sale Nearby
FAQs
What type of property is this?
Self storage facility - Gated, fenced mini-storage property with 94 indoor units plus outside RV/boat storage and an on-site manager apartment.
Where is this self storage facility located?
The property is located at 16331 CORTEZ Blvd Brooksville, FL.
What is the asking price?
The asking price for this property is $1,400,000.
What are key features of this property?
This property features: Mini‑storage on 1.38 acres with two large buildings totaling 13,500 SF; 94 indoor storage units plus outside RV/boat storage for additional income; On‑site 2‑bedroom, 1‑bath apartment for a live‑in manager
