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Property profile & analytics

4215 Us-231 Panama City, FL 32404

  • Self storage facilities
  • 340,584 SF
  • 18.51 lot acres
OFF-MARKET
Value Estimations
Cap Rate Potential
Location Intelligence

Current Use by Public Records

  • Self storage facilities

Property Details for 4215 Us-231

Lot size
18.51 lot acres
Property size
340,584 SF
Property type
Self storage facilities

Description

This exceptional investment opportunity presents a portfolio of eight self-storage facilities strategically located across Florida and Tennessee. The portfolio encompasses a total of 1,669 units, offering a diverse mix including traditional storage, drive-up, and climate-controlled options, along with commercial units and parking spaces. The combined gross rentable square footage totals 340,584 square feet, situated on approximately 18.5 acres of land. Each property features perimeter fencing, gated entry, and remote management capabilities, ensuring enhanced security and operational efficiency. The portfolio benefits from favorable investment climates in Florida and Tennessee, including the absence of state income taxes. High demand for storage solutions in these markets, particularly in Florida due to limited storage space in residential properties, presents significant upside potential. The properties are well-maintained and easily managed, offering immediate income generation and value-add opportunities through occupancy stabilization, expansion of relocatable units, new on-site development, and rental rate adjustments. Seller financing is available. The portfolio includes properties in Panama City, Mexico Beach, Valparaiso, Fort Pierce, Punta Gorda, and Leesburg, Florida, and Morristown, Tennessee. Each site is equipped with 24/7 access, camera surveillance, and internet-based keypad entry with a user-friendly app for remote management, online rentals, and bill payments. This portfolio represents a compelling opportunity for investors seeking a diversified, high-growth self-storage investment.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

  • CAP approach

  • Comparable approach

  • Alternative Use


Location Insight

  • Map
  • Local Demand
City
Panama City
County
Bay
State
Florida
Longitude
-85.5928
Latitude
30.2246
More about this property
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