770 Tn-25 Castalian Springs, TN 37031
This exceptional investment opportunity presents a thriving self-storage and trailer sales business in Castalian Springs, Tennessee. Situated on a spacious 10.15-acre lot at 770 TN-25, zip code 37031, this 11-year-old facility boasts 45,000 square feet of rentable space, currently achieving an 88% occupancy rate. The property includes 184 non-climate-controlled units, 9 climate-controlled 5x10 units, 32 climate-controlled 10x10 units, and dedicated space for boat and RV storage (12x40 units). Additionally, there's ample outdoor storage for vehicles (20+ spaces, 10 currently available), and 4-5 acres of land available for future expansion. The existing trailer sales business is valued at $350,000, plus inventory, and is included in the sale. Operating costs for 2023 totaled $51,891. Pricing has remained stable for the past three years, yet remains competitive with similar facilities in Trousdale County, significantly undercutting rates in neighboring Sumner County. This turnkey operation offers a compelling 5.80% cap rate at an asking price of $3,100,000 ($68.89/sq ft). This property represents a rare chance to acquire a well-established, high-performing business with significant upside potential.
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
Similar Nearby for Sale
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.