7-Facility Self-Storage
190 S LOWDER ST, Macclenny, FL 32063
For Sale
Contact for pricing
Storage formats include climate-controlled units, drive-up space and outdoor RV and boat parking.
Property Size97,809 SF
Lot Size9.03 Acres
Price / SF$104.28
Days on Market43
Property Features for 190 S LOWDER ST
General Information
Standard status
Size
Lot size
Property subtype
Additional Details
Highway Access
Self-Storage Units
Property Use
Listing Agency:
Coastal Storage Group, LLC
Listed By:
Josh Koerner · License #FL BK3197765
(904) 733-0039
Source:
Crexi
Added: Sep 28
Changed: Nov 8
Last Checked: Nov 8 at 5:04PM
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 Coastal Storage Group, LLC
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Investment Insights
Based on property information with market context.
This seven-facility self-storage portfolio contains approximately 97,809 rentable square feet across 765 units on 9.03 acres. The mix combines climate-controlled storage, drive-up non-climate-controlled units, and RV and boat parking, with 30 RV spaces currently in place.
Facilities are located along Highway 90 in Macclenny, a corridor carrying approximately 12,700 vehicles per day. Several sites are near Walmart, Starbucks and McDonald’s.
Facilities are located along Highway 90 in Macclenny, a corridor carrying approximately 12,700 vehicles per day. Several sites are near Walmart, Starbucks and McDonald’s.
Key Highlights
- Seven self‑storage facilities in Macclenny, Florida
- Approximately 97,809 rentable square feet across 765 units
- Portfolio spans 9.03 acres
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$839,075
Cap Rate
8.23%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$16,781,500
$16.8M
Cap Rate 7%
$11,986,786
$12.0M
Cap Rate 9%
$9,323,056
$9.3M
Market Conditions
NOI Build-Up for 97,809 SF
Gross rent
$1.04M $10.68/SF
− Vacancy
−$57.5K −$0.59/SF
EGI
$987.1K $10.09/SF
− OpEx
−$148.1K −$1.51/SF
NOI
$839.1K $8.58/SF
Area
Baker County, FL
Vacancy
5.50%
Lease Rate
$10.68 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$16,781,500
Cap Rate 7%
$11,986,786
Cap Rate 9%
$9,323,056
Alternative Uses
Best Use
Self Storage
$16.55M
$14.48M – $19.31M
NOI $1,158,450 @ 7.0% cap · market cap 11.36%
Second Best
Warehouse
$11.99M
$10.49M – $13.98M
NOI $839,075 @ 7.0% cap · market cap 8.23%
Theoretical Best
Office A
$26.09M
$22.83M – $30.44M
NOI $1,826,290 @ 7.0% cap · market cap 17.90%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Open Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
334
Businesses Nearby
Explore this area
Business Placement
Demographics for 32063, FL
14,360
Population
5,408
Households
2.7
Avg Household Size
38
Median Age
21%
College-Educated
86%
High-School Grad
73.3 sq mi
ZIP Area
196
Density / Sq Mi
$66,453
Median Household Income
$38,146
Median Earnings
$1,313
Median Rent
$231,000
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in South region
Frequently Asked Questions
What type of property is this?
Self storage facility - Storage formats include climate-controlled units, drive-up space and outdoor RV and boat parking.
Where is this self storage facility located?
The property is located at 190 S LOWDER ST Macclenny, FL.
What is the asking price?
The asking price for this property is $10,200,000.
What are key features of this property?
This property features: Seven self‑storage facilities in Macclenny, Florida; Approximately 97,809 rentable square feet across 765 units; Portfolio spans 9.03 acres
