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Windmill Self Storage Facility
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2297 W Gulf to Lake Hwy, Lecanto, FL 34461

Gated storage property with climate-controlled and drive-up units.

Property Size62,075 SF
Lot Size4.33 Acres
Days on Market132

Property Features for 2297 W Gulf to Lake Hwy

General Information

Standard status Active
Size 62,075 SF
Lot size 4.33 Acres
Property subtype Self Storage
Occupancy 81%
Net Operating Income $328,141

Financials

Asking Price $9,250,000
Cap Rate 3.75%

Additional Details

Fenced Yard Yes
Self-Storage Units 432

Amenities

gated access
security cameras
climate-controlled units
drive-up accessibility
Listing Agency: Grandstone Investment Sales
Listed By: Meir Perlmuter · License #BK3443325
Source: Crexi
Added: Apr 24 Changed: Aug 31 Last Checked: Aug 30 at 2:02PM

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 Grandstone Investment Sales

Investment Insights

Based on property information with market context.

Windmill Self Storage is a 432-unit facility totaling 62,075 net rentable square feet on 4.33 acres. Construction occurred in phases between 2003 and 2008, with both climate-controlled and non-climate-controlled spaces. The property includes gated entry, security cameras, and drive-up access for selected units.

The facility is located at 2297 W Gulf to Lake Hwy in Lecanto, Florida, within Citrus County. Average household incomes exceed $80,000 within three miles, and current physical occupancy is 80.91%. The property’s in-place cap rate is 3.75%, with a Year 1 cap rate of 6.05% based on projected NOI.

Key Highlights

  • 432 units across 62,075 net rentable square feet
  • 4.33‑acre self‑storage property at 2297 W Gulf to Lake Hwy, Lecanto, FL 34461
  • Unit mix includes climate‑controlled and non‑climate‑controlled spaces

Property Analytics

Current Use

Windmill Self Storage ... Storage Facility ABC Storage Storage Facility

Suggested Use

Top Pick Auto Repair Shop Parking Lot & Garage Electrical Service Auto Parts Store Plumbing Service (Bike/Boat/Book/etc) Store

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

Lease Details

80.9%
Occupancy
Yes
Fenced yard

Location Intelligence

Trade Area within ½ mile

107
Businesses Nearby

Demographics for 34461, FL

11,388
Population
5,552
Households
2.1
Avg Household Size
58
Median Age
23%
College-Educated
92%
High-School Grad
45.8 sq mi
ZIP Area
249
Density / Sq Mi
$60,795
Median Household Income
$33,825
Median Earnings
$1,190
Median Rent
$287,200
Median Home Value

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
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Frequently Asked Questions

What type of property is this?
Self storage facility - Gated storage property with climate-controlled and drive-up units.
Where is this self storage facility located?
The property is located at 2297 W Gulf to Lake Hwy Lecanto, FL.
What are key features of this property?
This property features: 432 units across 62,075 net rentable square feet; 4.33‑acre self‑storage property at 2297 W Gulf to Lake Hwy, Lecanto, FL 34461; Unit mix includes climate‑controlled and non‑climate‑controlled spaces
More about this property
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