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Property profile & analytics
OFF-MARKET
Self storage facilities

4215 Us-231 Panama City, FL 32404

340,584 SF 18.51 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Self storage facilities
Total area 340,584 SF
Lot 18.51 ac (806,252 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
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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