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Property profile & analytics
OFF-MARKET
Land

9970 Al-157 South Vinemont, AL 35179

24,300 SF 4 ac lot Built 2023
Property ID
Property summary
AI-generated overview

This exceptional investment opportunity presents a state-of-the-art self-storage facility in Vinemont, Alabama, built in 2023. Boasting 157 units across two single-story buildings totaling 24,300 square feet, this property sits on a 4-acre lot with convenient access to AL-157 and I-65, ensuring high traffic flow. Currently operating at 90% occupancy, with a projected 100% occupancy by October 23, 2024, this facility offers significant potential for immediate return on investment. High-tech features include 24/7 hands-free gate access, self-leasing kiosks (Insomniac 920 model), advanced security cameras, and ample lighting throughout the property. The facility benefits from both front and rear entrances, and the expansive lot allows for future expansion. Additional revenue streams could be generated through billboard rentals. Strategically located between Huntsville and Birmingham, this property presents a compelling opportunity for investors seeking a high-performing, modern self-storage asset. The asking price is $2,890,000, translating to $118.93 per square foot and $18,407.64 per unit.

Property profile
Verified
Property type Land
Year built 2023
Total area 24,300 SF
Lot 4 ac (174,240 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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