Climate-Controlled Self-Storage
712 S Charles G Seivers Blvd, Clinton, TN 37716
For Sale
Contact for pricing
A single-story storage property offers temperature-regulated units and established occupancy in Clinton.
Property Size13,875 SF
Lot Size1.71 Acres
Price / SF$162.16
Days on Market33
Property Features for 712 S Charles G Seivers Blvd
General Information
Standard status
Size
Lot size
Property subtype
Occupancy
Tenancy & Operations
Currently Operating
Tenant in Place
Additional Details
Self-Storage Units
Property Use
Building Details
Year Built
Stories
Listing Agency:
Meridian Storage Group
Listed By:
Brendan Fonts · License #SL3639757
Source:
Crexi
Added: Oct 8
Changed: Nov 8
Last Checked: Nov 8 at 6:03PM
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 Meridian Storage Group
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This single-story self-storage property was built in 2011 on approximately 1.71 acres. It contains 101 units and 13,875 net rentable square feet, with climate control throughout. The facility is located at 712 S Charles G Seivers Blvd in Clinton, Tennessee, within the Knoxville MSA.
As of September, physical occupancy was 91.1% by unit and economic occupancy was 90.9%. Within a three-mile radius, the trade area has 5.0 square feet of self-storage per capita, including 2.8 square feet of climate-controlled storage, and no REIT competition.
As of September, physical occupancy was 91.1% by unit and economic occupancy was 90.9%. Within a three-mile radius, the trade area has 5.0 square feet of self-storage per capita, including 2.8 square feet of climate-controlled storage, and no REIT competition.
Key Highlights
- 101 storage units across 13,875 net rentable square feet
- Climate control throughout the facility
- Built in 2011 on approximately 1.71 acres
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$139,394
Cap Rate
6.20%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,787,880
$2.8M
Cap Rate 7%
$1,991,343
$2.0M
Cap Rate 9%
$1,548,822
$1.5M
Market Conditions
NOI Build-Up for 13,875 SF
Gross rent
$216.5K $15.60/SF
− Vacancy
−$17.3K −$1.25/SF
EGI
$199.1K $14.35/SF
− OpEx
−$59.7K −$4.31/SF
NOI
$139.4K $10.05/SF
Area
Anderson County, TN
Vacancy
8.00%
Lease Rate
$15.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,787,880
Cap Rate 7%
$1,991,343
Cap Rate 9%
$1,548,822
Alternative Uses
Best Use
Self Storage
$1.99M
$1.74M – $2.32M
NOI $139,394 @ 7.0% cap · market cap 6.20%
Second Best
Warehouse
$1.72M
$1.50M – $2.01M
NOI $120,367 @ 7.0% cap · market cap 5.35%
Theoretical Best
Office A
$3.44M
$3.01M – $4.01M
NOI $240,559 @ 7.0% cap · market cap 10.69%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
91.1%
Occupancy
Location Intelligence
Trade Area within ½ mile
420
Businesses Nearby
Explore this area
Business Placement
Demographics for 37716, TN
25,920
Population
11,461
Households
2.3
Avg Household Size
44
Median Age
20%
College-Educated
94%
High-School Grad
83.5 sq mi
ZIP Area
310
Density / Sq Mi
$61,250
Median Household Income
$40,713
Median Earnings
$887
Median Rent
$220,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in South region
Frequently Asked Questions
What type of property is this?
Self storage facility - A single-story storage property offers temperature-regulated units and established occupancy in Clinton.
Where is this self storage facility located?
The property is located at 712 S Charles G Seivers Blvd Clinton, TN.
What is the asking price?
The asking price for this property is $2,250,000.
What are key features of this property?
This property features: 101 storage units across 13,875 net rentable square feet; Climate control throughout the facility; Built in 2011 on approximately 1.71 acres
