161 Oak Grove Rd Decherd, TN 37324
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.