Property summary
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
Property profile
VerifiedCap rate & NOI
Current use
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Storage Facility
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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