14326 County House Rd Albion, NY 14411
This exceptional self-storage facility in Albion, NY, presents a compelling value-add investment opportunity. The property boasts 222 units across six existing buildings, totaling 33,000 square feet on a 5.25-acre lot (APN: 342089-84.-1-61.121). Built in 2020, the property offers a current cap rate of 6.51% and a pro-forma cap rate of 8.17%. Approved plans are in place for a significant 20,000 square foot expansion, adding substantial future value. This expansion will include three new buildings, creating additional storage units. The cleared land allows for further expansion possibilities. The property benefits from a modified lease type and multi-tenancy structure. Seller financing is available, making this an attractive acquisition for investors seeking a strong cash-on-cash return (17.68% in year one). The property's location in Albion, part of the Rochester metropolitan area, offers convenient access to major transportation routes and a growing tourism sector. Further upside potential exists through rental rate increases. The asking price is $3,100,000.
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Orleans Self Storage Storage Facility
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2020Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
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.