Self-Storage Facility with Climate
432 65th St, Tuscaloosa, AL 35405
For Sale
Contact for pricing
A blend of climate-controlled and conventional units is complemented by open parking spaces for vehicle storage.
Property Size27,425 SF
Price / SF$90.98
Days on Market56
Property Features for 432 65th St
General Information
Standard status
Size
Property subtype
Site & Location
Highway Access
Road Access
Fenced Yard
Additional Details
Self-Storage Units
Listing Agency:
Superior Capital Advisors
Listed By:
Michael Morrison · License AL #106088
Source:
Crexi
Added: Sep 17
Changed: Nov 10
Last Checked: Nov 10 at 5:24AM
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 Superior Capital Advisors
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This self-storage property contains 27,425 net rentable square feet across 230 units: 160 non-climate-controlled units and 58 climate-controlled units, plus 12 open parking spaces. A former office building was converted to add the climate-controlled units and 7,075 net rentable square feet. Improvements include HVAC, an entry gate, perimeter fencing, paint, signage, a security system, bollards and ground work.
The facility sits just off Skyland Boulevard/US-11, a corridor with more than 20,000 vehicles per day. Connections to I-20/I-59, US-11, US-82/McFarland Boulevard and AL-69 link the property with downtown Tuscaloosa, Birmingham and employment centers. Walmart, Sam’s Club, Lowe’s, restaurants and residential areas are also identified nearby, with access to the University of Alabama and major employers.
The facility sits just off Skyland Boulevard/US-11, a corridor with more than 20,000 vehicles per day. Connections to I-20/I-59, US-11, US-82/McFarland Boulevard and AL-69 link the property with downtown Tuscaloosa, Birmingham and employment centers. Walmart, Sam’s Club, Lowe’s, restaurants and residential areas are also identified nearby, with access to the University of Alabama and major employers.
Key Highlights
- 27,425 net rentable square feet in 230 units
- Unit mix includes 160 non‑climate‑controlled and 58 climate‑controlled units
- 12 open parking spaces
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$166,151
Cap Rate
6.66%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,323,020
$3.3M
Cap Rate 7%
$2,373,586
$2.4M
Cap Rate 9%
$1,846,122
$1.8M
Market Conditions
NOI Build-Up for 27,425 SF
Gross rent
$204.0K $7.44/SF
− Vacancy
−$8.6K −$0.31/SF
EGI
$195.5K $7.13/SF
− OpEx
−$29.3K −$1.07/SF
NOI
$166.2K $6.06/SF
Area
Tuscaloosa, AL
Vacancy
4.20%
Lease Rate
$7.44 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,323,020
Cap Rate 7%
$2,373,586
Cap Rate 9%
$1,846,122
Alternative Uses
Best Use
Self Storage
$3.78M
$3.31M – $4.42M
NOI $264,926 @ 7.0% cap · market cap 10.62%
Second Best
Warehouse
$2.37M
$2.08M – $2.77M
NOI $166,151 @ 7.0% cap · market cap 6.66%
Theoretical Best
Office A
$6.59M
$5.77M – $7.69M
NOI $461,332 @ 7.0% cap · market cap 18.49%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Lease Details
Yes
Fenced yard
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
303
Businesses Nearby
Explore this area
Business Placement
Demographics for 35405, AL
45,155
Population
22,260
Households
2
Avg Household Size
34
Median Age
31%
College-Educated
94%
High-School Grad
52.9 sq mi
ZIP Area
854
Density / Sq Mi
$61,371
Median Household Income
$39,077
Median Earnings
$1,057
Median Rent
$224,900
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 - A blend of climate-controlled and conventional units is complemented by open parking spaces for vehicle storage.
Where is this self storage facility located?
The property is located at 432 65th St Tuscaloosa, AL.
What is the asking price?
The asking price for this property is $2,495,000.
What are key features of this property?
This property features: 27,425 net rentable square feet in 230 units; Unit mix includes 160 non‑climate‑controlled and 58 climate‑controlled units; 12 open parking spaces
