For Sale
  • For Sale
  • For Lease
  • Recently Sold
  • Property Lookup
  • Brokers
Back to Search
The Largest CRE Database in the US with Over 1 Million Listings

2108 Jelane Dr Valrico, FL 33594

View on Map
Loading data...
Loading data...
Loading data...
For Sale
Contact for pricing

Self-storage portfolio in Tampa, Florida with upside potential.

Lot size:
2.59 Acres

Property Features for 2108 Jelane Dr

General Information

Standard status
Active
Lot size
2.59 Acres

We can help!

Listing Contact
William H. Sells
Source: Crexi

Listing Agency: SkyView Advisors Listing Agent: William H. Sells

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

Learn more


Overview

Tampa Self-Storage Portfolio Opportunity

The Peoples Choice Storage Portfolio comprises three self-storage facilities located in the Tampa, Florida market. The portfolio, situated in Brandon, Valrico, and Seffner, Florida, encompasses a total of 45,071 net rentable square feet, distributed across 372 units. Constructed in 1980, 1978, and 1979, the facilities are positioned within a supply-constrained market characterized by a self-storage supply of 4.63 square feet per capita within a 3-mile radius. The portfolio's current physical occupancy is 54.2%, with an economic occupancy of 40.8%, indicating potential for increased revenue through lease-up. The area around Brandon and Valrico has limited competition, strong local demand, and no new supply within 3 miles. Projections estimate that the portfolio will stabilize by Year 3, achieving a 34.0% rental rate growth to align with market levels, resulting in a stabilized rate of $1.09 per square foot.
Location Intelligence

Current Use by Public Records

Self storage facilities

Suggested Use

Restaurant Law Firm Building Supply Real Estate Agency Dental Office Big Box & Wholesale Store Spa & Massage Center Auto Repair Shop Hair Salon Hotel & Motel

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Valrico
County
Hillsborough
State
Florida
Longitude
-82.237
Latitude
27.9126

FAQs

What type of property is this?
Self storage facility - Self-storage portfolio in Tampa, Florida with upside potential.
Where is this self storage facility located?
The property is located at 2108 Jelane Dr Valrico, FL.
What are key features of this property?
This property features: - Portfolio consists of 3 well-located self-storage facilities totaling 45,071 NRSF across 372 units.; - Significant revenue upside potential through lease-up and rental rate growth to meet market levels.; - Located in a supply-constrained Tampa, Florida market with strong demand and limited competition.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message