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60-Unit Self-Storage Facility
For Sale
$699,000

1626 N State Road 39, Monticello, IN 47960

Storage improvements include separately leasable garages and an expansive site with room for outdoor storage.

Property Size13,152 SF
Lot Size5.40 Acres
Price / SF$53.15
Days on Market29

Property Features for 1626 N State Road 39

General Information

Standard status Active
Size 13,152 SF
Lot size 5.40 Acres

Additional Details

Outdoor Storage Yes
Self-Storage Units 60

Building Details

Year Built 1996
Listing Agency: Koppelmann Real Estate
Listed By: John Koppelmann, CRS, e-PRO, GRI, SRES
Source: Spencerchildersgroup
Added: Jul 31 Changed: Aug 28 Last Checked: Aug 28 at 5:37AM

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 Koppelmann Real Estate

Investment Insights

Based on property information with market context.

Built in 1996, this self-storage property includes 60 rental units with sizes ranging from 5x10 to 10x30. The site also features two large garages that can be leased independently from the storage units. Wide drive aisles support straightforward circulation throughout the facility, while the 5.4-acre parcel provides outdoor storage capacity for boats, RVs, or trailers and leaves additional area for future expansion.

The property is located at 1626 N State Road 39 in Monticello, Indiana. Its configuration combines enclosed storage, separate garage space, and outdoor storage across a substantial parcel, offering multiple ways to use the existing improvements and land.

Key Highlights

  • 60 self‑storage units on a 5.4‑acre property
  • Unit sizes range from 5x10 to 10x30
  • Two large garages can be leased separately

Property Analytics

Current Use

Self storage facilities

Suggested Use

Top Pick Big Box & Wholesale Store Plumbing Service Garden Center Law Firm Restaurant Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

15
Businesses Nearby

Demographics for 47960, IN

15,029
Population
9,757
Households
1.5
Avg Household Size
47
Median Age
18%
College-Educated
91%
High-School Grad
118.3 sq mi
ZIP Area
127
Density / Sq Mi
$61,087
Median Household Income
$38,389
Median Earnings
$852
Median Rent
$179,300
Median Home Value

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
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Frequently Asked Questions

What type of property is this?
Self storage facility - Storage improvements include separately leasable garages and an expansive site with room for outdoor storage.
Where is this self storage facility located?
The property is located at 1626 N State Road 39 Monticello, IN.
What is the asking price?
The asking price for this property is $699,000.
What are key features of this property?
This property features: 60 self‑storage units on a 5.4‑acre property; Unit sizes range from 5x10 to 10x30; Two large garages can be leased separately
More about this property
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