1158 8Th Ave Palmetto, FL 34221
- Self storage facilities
Current Use by Public Records
- Jumbo Storage / Rv Storage Facility
- Overwatch Data Services - Tampa Bay / Information Services
Property Details for 1158 8Th Ave
- Property type
- Self storage facilities
Description
This exceptional self-storage facility in Palmetto, Florida, presents a compelling investment opportunity. Strategically located on a major thoroughfare with over 30,000 daily vehicles, this 1.3195-acre property boasts two buildings offering 26 fully enclosed, 15' x 50' bays. Each unit features 12' wide x 14' tall electric roll-up doors with remote/keypad access and 30-amp electrical service with RV plugs. Security cameras, 24-hour access, a dump station, fire sprinklers, and wide driveways enhance convenience and safety. The property enjoys a 92%+ occupancy rate and benefits from its proximity to major retailers (Take 5 Oil, UPS, Pizza Hut, Dollar Tree), numerous RV parks/campgrounds, and marinas/boat ramps within a 10-mile radius. Located in Manatee County, this facility serves a thriving recreational boating community, with over 25,660 registered pleasure vessels in the county alone. Current rental rates are below market value, presenting significant upside potential with professional management and marketing. Three convenient entrances further enhance accessibility. This is a rare opportunity to acquire a well-established, high-performing storage facility in a prime location with substantial growth potential.
Value Estimation
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CAP approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Palmetto
- County
- Manatee
- State
- Florida
- Longitude
- -82.5719
- Latitude
- 27.524
