204 Kelly Rd Niceville, FL 32578
Property profile & analytics
204 Kelly Rd Niceville, FL 32578
- Warehouses
- 2,000 SF
- 1.42 lot acres
Property ID
US18-2536637
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Kelly Road Mini Storage / Storage Facility
Property Details for 204 Kelly Rd
- Year built
- 1997
- Construction
- STEEL FRAME
- Lot size
- 1.42 lot acres
- Property size
- 2,000 SF
- Property type
- Warehouses
- Property subtype
- Self storage facilities
- APN
- 01-1S-23-0000-0048-0030
- APU
- 011S23000000480030
Description
This exceptional investment opportunity presents a well-maintained 19,650 square foot self-storage facility located at 204 Kelly Road Unit 204, Niceville, Florida. Situated on a 1.42-acre lot, this property comprises 196 individual storage units, offering ample space for a thriving business. Constructed in two phases (1998 and 2005), the facility is zoned C-2 by the City of Niceville, ensuring flexibility and potential for future expansion. Currently operating at 75% occupancy, this property presents a significant value-add opportunity. The existing rental rates are believed to be below market value, indicating substantial potential for increased revenue and profitability. All units are non-climate controlled. This strategically located asset in central Okaloosa County offers a robust and lucrative investment prospect with considerable upside potential for the discerning owner/investor. The property's strong location and current occupancy levels make it an attractive proposition for those seeking a high-yield commercial investment in a growing market. The existing infrastructure and established tenant base provide a solid foundation for immediate returns and future growth. This is a rare chance to acquire a well-established self-storage facility with significant room for improvement and increased profitability. The property's size and location make it an ideal investment for both seasoned investors and those new to the commercial real estate market.
Value Estimations
based on Realmo’s proprietary methodology
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Niceville
- County
- Okaloosa
- State
- Florida
- Longitude
- -86.5036
- Latitude
- 30.5215
- CBSA code
- 18880
- CBSA name
- CRESTVIEW-FORT WALTON BEACH-DESTIN, FL METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$9,096
$157,398
$524,878
$682,276
-
$157,398
$524,878
$682,276
