Self Storage Facility for
For Sale
Contact for pricing
3804 Taft Highway, Signal Mountain, TN 37377
Self-storage facility for sale on Signal Mountain with a market described as having limited local storage options.
Property Size5,964 SF
Price / SF$150.91
Days on Market155
Property Features for 3804 Taft Highway
General Information
Standard status
Active
Size
5,964 SF
Property subtype
Self Storage
Zoning
C-3
Investment Type
Stabilized
Building Details
Year Built
1979
Buildings
2
Listing Agency:
Merchant Real Estate Group
Listed By:
Andrew Holt · License #329681
(423) 280-3307
Source:
Crexi
Added: May 27
Changed: Oct 26
Last Checked: Oct 26 at 2:08PM
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 Merchant Real Estate Group
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Investment Insights
Based on property information with market context.
This self-storage facility is offered for sale and includes approximately 5,964 square feet of space. The property is positioned to serve customers who need on-site storage solutions, with the facility configuration intended for self-storage operations.
Located at 3804 Taft Highway on Signal Mountain, the asset benefits from its placement within a mountain community. The provided remarks describe Signal Mountain as having a steady residential real estate market and limited self-storage availability in the immediate area.
For an owner-operator or investor, this offering may fit well for those looking to acquire a single self-storage facility in a market profile that, according to the seller’s comments, has comparatively constrained storage supply. Its straightforward use as a self-storage asset can also be appealing to buyers seeking a property centered on a single primary commercial function. Please note that the information provided does not include unit counts, sizes, occupancy levels, or operational details, so buyers should conduct appropriate due diligence regarding current income, expenses, and tenant/physical unit configuration before closing.
Located at 3804 Taft Highway on Signal Mountain, the asset benefits from its placement within a mountain community. The provided remarks describe Signal Mountain as having a steady residential real estate market and limited self-storage availability in the immediate area.
For an owner-operator or investor, this offering may fit well for those looking to acquire a single self-storage facility in a market profile that, according to the seller’s comments, has comparatively constrained storage supply. Its straightforward use as a self-storage asset can also be appealing to buyers seeking a property centered on a single primary commercial function. Please note that the information provided does not include unit counts, sizes, occupancy levels, or operational details, so buyers should conduct appropriate due diligence regarding current income, expenses, and tenant/physical unit configuration before closing.
Key Highlights
- Self‑storage facility for sale on Signal Mountain
- Year built: 1979
- Market noted as having limited local self‑storage options
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$52,076
Cap Rate
5.79%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,041,520
$1.0M
Cap Rate 7%
$743,943
$743.9K
Cap Rate 9%
$578,622
$578.6K
Market Conditions
NOI Build-Up for 5,964 SF
Gross rent
$78.7K $13.20/SF
− Vacancy
−$4.3K −$0.73/SF
EGI
$74.4K $12.47/SF
− OpEx
−$22.3K −$3.74/SF
NOI
$52.1K $8.73/SF
Area
Hamilton County, TN
Vacancy
5.50%
Lease Rate
$13.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,041,520
Cap Rate 7%
$743,943
Cap Rate 9%
$578,622
Alternative Uses
Best Use
Self Storage
$743.9K
$651.0K – $867.9K
NOI $52,076 @ 7.0% cap · market cap 5.79%
Second Best
Industrial
$450.3K
$394.0K – $525.4K
NOI $31,522 @ 7.0% cap · market cap 3.50%
Theoretical Best
Healthcare Medical
$990.4K
$866.6K – $1.16M
NOI $69,327 @ 7.0% cap · market cap 7.70%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
57
Businesses Nearby
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Business Placement
Demographics for 37377, TN
17,004
Population
6,726
Households
2.5
Avg Household Size
44
Median Age
60%
College-Educated
95%
High-School Grad
80.5 sq mi
ZIP Area
211
Density / Sq Mi
$115,959
Median Household Income
$65,869
Median Earnings
$1,389
Median Rent
$483,800
Median Home Value
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Market
Vacancy Rate% for Industrial in South region
Frequently Asked Questions
What type of property is this?
Self storage facility - Self-storage facility for sale on Signal Mountain with a market described as having limited local storage options.
Where is this self storage facility located?
The property is located at 3804 Taft Highway Signal Mountain, TN.
What is the asking price?
The asking price for this property is $900,000.
What are key features of this property?
This property features: Self‑storage facility for sale on Signal Mountain; Year built: 1979; Market noted as having limited local self‑storage options
