Property profile

161 Oak Grove Rd Decherd, TN 37324

OFF-MARKET
Mixed-use properties
15,800 SF 2 ac lot Built 2024
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Property summary

AI-generated overview

This exceptional investment opportunity presents a brand-new, gated self-storage facility located in Decherd, Tennessee, on a highly visible corner lot with convenient side road access. The property boasts a substantial 15,800 square feet of rentable space situated on two acres of land along a heavily trafficked four-lane state highway, ensuring excellent exposure and accessibility. The facility comprises 138 units in total, offering a diverse range of sizes to cater to various storage needs. This includes 26 climate-controlled units measuring 10'x10', 12 units at 5'x10', 57 units at 10'x10', 39 units at 10'x15', and 4 units at 10'x20'. Beyond the self-storage units, there's over 13,000 square feet available for boat or RV parking, further enhancing rental income potential. Security features include a security fence and a Lift Master Commercial Gate Operator. Energy-efficient LED lighting is installed throughout the facility. The property is managed using the user-friendly Easy Storage Solutions software, streamlining operations and maximizing efficiency. Priced at $1,200,000, this property represents a compelling investment opportunity in a thriving market.

Property profile

Verified
Property type Mixed-use properties
Year built 2024
Total area 15,800 SF
Lot 2 ac (87,120 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

161 Oak Grove Rd Decherd, TN 37324
Decherd metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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