1631 Mcclain Ave Scottsburg, IN 47170-1161
This exceptional investment opportunity presents a thriving self-storage facility in Scottsburg, Indiana. Boasting 141 enclosed storage units and 40 exterior parking spaces, this property generates substantial rental income with current monthly rents ranging from $50 to $155. All units are currently occupied, and a waiting list demonstrates strong demand. The property sits on over eight acres (subject to survey), offering significant potential for expansion. The main office building includes a reception area, a private office, and a restroom. Unit sizes vary, ranging from compact 5x6 units to larger 12x40 units, catering to a diverse clientele. The seller will consider a parcel split, offering the storage units and office building separately for $1,700,000 and the remaining ten-plus acres for $650,000. The property is subject to an easement, and a survey will be completed and recorded before closing. This turnkey operation presents a rare chance to acquire a profitable, established business with considerable growth potential. The high occupancy rate and existing waiting list underscore the strong market demand and the property's inherent value. Don't miss this chance to secure a lucrative investment in a rapidly growing market.
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Roseland Storage Storage Facility
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U-Haul Neighborhood Dealer Car Rental Facility
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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.