Realmo Analytics
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Property summary
This exceptional self-storage opportunity presents a newly constructed, stabilized investment property located at 2816 E Meighan Blvd, Gadsden, Alabama, 35903. The property boasts 24,150 net rentable square feet across six buildings, including 161 units (132 drive-up and 28 climate-controlled). Built in 2023 and 2024, the facility currently enjoys a 62.5% occupancy rate, projected to increase significantly upon completion of two additional buildings currently under construction, slated for… December 2024. The property sits on a 3.5-acre lot with excellent visibility from E. Meighan Blvd, a high-traffic area with over 22,000 vehicles per day. A retail building on the property is under lease until 2029, providing additional income stability. The current Net Operating Income (NOI) is $102,658, with a pro-forma NOI of $141,012, reflecting a current cap rate of 5.70% and a pro-forma cap rate of 7.83%. The asking price is $1,800,000, translating to a price per square foot of $74. This value-add investment offers significant upside potential through increased occupancy and rental rate adjustments. The property's strategic location and strong market fundamentals make it an attractive investment opportunity for discerning buyers seeking a high-performing self-storage asset in a growing market.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Debts
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2023
Value estimate
· Oct 2026Realmo valuation models over county records and 4 qualifying comparable sales.
Recently sold
No data for this sectionNo cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.
Cap rate analysis
Price anchors at 6 / 6.5 / 7% — in the full report.
Zoning insight
No data for this sectionNo zoning code is on file for this parcel. Coverage grows with every catalog release.
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
3 recorded sales · 13 properties nearbyComparable nearby
Similar Nearby for Sale
Similar Nearby for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $199/month
- GBA
- 4,000 SF
- Lot area
- 0.3 ac
- Year built
- 2021
- Stories
- 1
- APN
- 15-06-24-1-000-018.000
- Assessed value · 2023
- $68,200
- Annual tax · 2023
- $3,342
- Estimated market rent / SF
- Potential gross income
- Vacancy allowance
- Effective gross income
- Benchmark operating expenses
- Stabilized NOI
- Property tax · 2023
- $3,342
- Selected cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $199/month
Derived from the Gadsden market rent, vacancy and expense benchmarks for this use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
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.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
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- 300 owner contacts a month
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- Ownership
- Owner Contacts
- Location Analytics
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Signals, scores & lead lists
- 1500 owner contacts a month
- 150 full reports a month
- Ownership
- Owner Contacts
- Location Analytics
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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