7302 Warm Springs Ave Wildwood, FL 34785
- Self storage facilities
- 77,400 SF
- 10.47 lot acres
Current Use by Public Records
- On Solid Ground RV & Boat Storage / Rv Storage Facility / Automobile Storage Facility
Property Details for 7302 Warm Springs Ave
- Year built
- 2023
- Lot size
- 10.47 lot acres
- Property size
- 77,400 SF
- Property type
- Self storage facilities
Description
This exceptional 77,400 square foot RV and boat storage facility in Wildwood, Florida, is situated on 10.47 acres and offers 198 covered and 207 uncovered parking spaces. Built in 2023, the property boasts a 6.74% pro-forma cap rate and a current NOI of $555,976, with an occupancy rate of 38.27% as of July 31, 2024. High-level amenities include a boat wash, dump station, full fencing, advanced security system, air machine, and excellent LED lighting. Its strategic location near The Villages, the fastest-growing MSA in the United States, and proximity to three boat ramps and two Florida Turnpike interchanges provide significant advantages. The property also offers expansion potential
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Wildwood
- County
- Sumter
- State
- Florida
- Longitude
- -82.0592
- Latitude
- 28.7998