Mini Storage Assemblage For
2150/2160 NE 31st Avenue Gainesville, FL 32609
For Sale
Contact for pricing
Mini storage units on 3.55 acres available for purchase.
Property Size29,390 SF
Lot Size3.55 Acres
Price / SF$100
Days on Market128
Property Features for 2150/2160 NE 31st Avenue
General Information
Standard status
Active
Size
29,390 SF
Lot size
3.55 Acres
Property subtype
Industrial
Building Details
Year Built
1979
Listing Agency:
Coldwell Banker M. M. Parrish Realtors
Listed By:
Craig Carter · License #FL
Source:
Crexi
Added: Mar 24
Changed: Jul 10
Last Checked: Jul 27 at 3:19PM
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 Coldwell Banker M. M. Parrish Realtors
Investment Insights
Based on property information with market context.
This property features an assemblage of mini storage units situated on two parcels, totaling 3.55 acres. The property is intended for use as self-storage facilities, industrial properties, or commercial real estate.
Key Highlights
- Assemblage of mini storage units
- Two parcels totaling 3.55 acres
- Built in 1979
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 | $370.3k | $12.60 |
| − Vacancy | −$25.9k | −$0.88 |
| EGI | $344.4k | $11.72 |
| − OpEx | −$103.3k | −$3.52 |
| NOI | $241.1k | $8.20 |
29,390 SF · lease $12.60/SF/yr · vacancy 7.00% · expense 30.00%
Alternative Uses
Best Use
Self Storage
$3.44M
$3.01M – $4.02M
NOI $241,074 @ 7.0% cap · market cap 8.20%
Second Best
Industrial
$2.85M
$2.49M – $3.32M
NOI $199,352 @ 7.0% cap · market cap 6.78%
Theoretical Best
Office A
$7.28M
$6.37M – $8.49M
NOI $509,552 @ 7.0% cap · market cap 17.34%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Self storage facility - Mini storage units on 3.55 acres available for purchase.
Where is this self storage facility located?
The property is located at 2150/2160 NE 31st Avenue Gainesville, FL.
What is the asking price?
The asking price for this property is $2,939,000.
What are key features of this property?
This property features: Assemblage of mini storage units; Two parcels totaling 3.55 acres; Built in 1979
