Property summary
This exceptional 14,400-square-foot self-storage facility in North Baltimore, Ohio presents a compelling investment opportunity. Located on a 1.07-acre lot at 555 S Poe Rd, 45872, this property boasts 110 units and offers significant potential for growth. Built in 1988, the facility is conveniently situated approximately one mile from I-75, providing easy access for both local residents and commuters. North Baltimore's strategic location, approximately 36 miles south of Toledo and 12 miles north of Findlay, ensures a robust market for self-storage services. The property currently exhibits a 79.1% economic occupancy, generating a projected annual gross potential rent of $91,280 and a pro-forma NOI of $52,851, resulting in an attractive pro-forma cap rate of 8.13%. The asking price is $650,000, with an occupancy date of December 9, 2024. This drive-up facility represents a rare opportunity to acquire a well-established, high-performing self-storage asset in a desirable location. The property's strong performance and convenient location make it an ideal investment for owner-users seeking a stable and profitable venture.
Property profile
VerifiedCap rate & NOI
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Value estimations
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Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Value estimation
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Cap rate
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Price sensitivity
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Property tax & assessments
Tax year 2023Property 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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