2071 Wisteria St Englewood, FL 34224
- Self storage facilities
- 2,680 SF
- 2.58 lot acres
Current Use by Public Records
- Self storage facilities
Property Details for 2071 Wisteria St
- Year built
- 1979
- Lot size
- 2.58 lot acres
- Property size
- 2,680 SF
- Property type
- Self storage facilities
Description
This exceptional investment opportunity presents a stabilized, value-add self-storage facility in Englewood, Florida. The property, J&D Storage of Englewood, encompasses 2.58 acres and features 143 units, including 142 uncovered parking spaces dedicated to boat and RV storage, plus one occupied warehouse. Built in 1979 and renovated in 1992, the facility boasts a 94% occupancy rate and a strong 9.98% cap rate, with an asking price of $2,254,000 ($15,762 per unit). The property benefits from abundant LED lighting and gated entry, providing a secure environment for tenants. Located at 2071 Wisteria St, Englewood, FL 34224, this property offers significant upside potential through below-market rents and the possibility of constructing additional conventional storage units or expanding paved and covered parking. The Englewood location, within the Bradenton-Sarasota-Venice MSA, is easily accessible from nearby Tampa and Fort Myers, and benefits from the area's thriving tourism and recreational activities, including seven boat launches within a ten-mile radius. The total square footage ranges from 2,680 to 61,880 square feet. This is a multi-tenant, gross lease property with a strong track record and significant growth potential. The property's APN is 412004381002.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Englewood
- County
- Charlotte
- State
- Florida
- Longitude
- -82.3143
- Latitude
- 26.9335
