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    Property profile & analytics

    8151 160Th St Fanning Springs, FL 32693

    • Distribution centers
    • 2,400 SF
    • 1.03 lot acres
    For Sale
    View listing
    $3,700,000
    Value Estimation
    Last Sale
    Nov 24, 2020
    $239,000
    Location Intelligence
    Property ID
    US18-4995894
    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.

    Current Use by Public Records

    • Rick's Storage Site A / Storage Facility / Self-Storage Facility

    Property Details for 8151 160Th St

    Year built
    1984
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    1.03 lot acres
    Property size
    2,400 SF
    Property type
    Distribution centers
    APN
    754901100
    APU
    754901100

    Description

    This exceptional investment opportunity presents a portfolio of four self-storage facilities strategically located in Trenton and Chiefland, Florida. The portfolio comprises a total of 202 units across four buildings, encompassing 28,471 square feet on a 7.28-acre lot. Built between 1984 and 2007, these properties offer a compelling value-add proposition. Currently operating at an 87% occupancy rate, the portfolio generates a substantial Net Operating Income (NOI) of $227,425, representing a 6.15% capitalization rate. The asking price is $3,700,000, translating to $129.96 per square foot and $18,316.83 per unit. The lease type is gross, and the tenancy is multi. Recent improvements include enhanced signage, optimized Google Maps and Google Reviews presence, rent increases, and the auctioning/clearing of abandoned and delinquent units. Furthermore, the implementation of electronic contracts and auto-pay systems has streamlined operations and minimized cash handling. This portfolio offers a strong foundation for continued growth and profitability through remote management capabilities. The properties are located at: 8151 NW 160th St, 1643 SW SR 26, 1606 E Wade St, all in Trenton, FL 32693, and 6851 NW 135th Ln #2223 in Chiefland, FL 32626.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $305,000

    • CAP approach

      CAP return
      Estimation
      6%
      $270,000
      6.5%
      $240,000
      7%
      $225,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $245,000
      Geo Method
      $230,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $275,000
      Retail
      $270,000
      Mixed-Use
      $255,000
      Hospitality
      $265,000
      Educational
      $220,000
      Residential Income
      $215,000
      Energy
      $265,000
      Income-Based Land
      $275,000
      Food Service
      $270,000

    Location Insight

    • Map
    • Local Demand
    City
    Trenton
    County
    Levy
    State
    Florida
    Longitude
    -82.9088
    Latitude
    29.5623
    CBSA code
    23540
    CBSA name
    GAINESVILLE, 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
    $3,507
    $0.00
    $0.00
    $202,318
    -
    $70,000
    $132,318
    $202,318

    Comparable in this City

    • Value Estimation by Request
      4,700 SF

      1532 Wade St

      DISTRIBUTION WAREHOUSE • 4,700 SF
      1532 Wade St, Trenton, FL 32693-2770
      View Details
    • Value Estimation by Request
      5,504 SF

      16731 Us Hwy 19

      DISTRIBUTION WAREHOUSE • 5,504 SF
      16731 Us Hwy 19, Fanning Springs, FL 32693-7040
      View Details
    • Value Estimation by Request
      7,500 SF

      16910 Us Hwy 19

      DISTRIBUTION WAREHOUSE • 7,500 SF
      16910 Us Hwy 19, Fanning Springs, FL 32693-7030
      View Details
    • Value Estimation by Request
      1,200 SF

      16670 Us Hwy 19

      DISTRIBUTION WAREHOUSE • 1,200 SF
      16670 Us Hwy 19, Fanning Springs, FL 32693-7029
      View Details
    • Value Estimation
      $80,000
      0.23 Acres

      9250 178th Ln

      DISTRIBUTION WAREHOUSE • 0.23 Acres
      9250 178th Ln, Trenton, FL 32693
      View Details
    • Value Estimation by Request
      240 SF

      4010 15th St

      TRUCK TERMINAL (MOTOR FREIGHT) • 240 SF
      4010 15th St, Trenton, FL 32693
      View Details

    Similar Nearby for Sale

    • $3,700,000
      28,471 SF

      Florida Self Storage Portfolio

      Four facilities, high ROI potential.
      8151 160Th St, Fanning Springs, FL 32693
      View Details
    • $125,000
      2.50 Acres

      Residential and Commercial Land Opportunity

      2.5-acre residential lot with adjacent commercial potential in Fanning Springs.
      90Th Ct, Fanning Springs, FL 32693
      View Details
    • $35,000
      1.00 Acre

      Acre Lot in Fanning Springs

      One acre lot suitable for building a home, manufactured homes allowed.
      17449 NW 89Th Ter, Fanning Springs, FL 32693
      View Details
    • $300,000
      20.00 Acres

      20 Acres Planted Pines Land

      20 acres of planted pines between Chiefland & Trenton, Florida.
      NW 50Th Ave, Trenton, FL 32693
      View Details
    • Contact for pricing
      0.24 Acres

      Residential Lot Near Florida Springs

      0.24-acre lot near Trenton, Fanning Springs, and Chiefland.
      111 70Th Ave, Trenton, FL 32693
      View Details
    • $54,000
      2.00 Acres

      2 Acres of Raw Land

      Raw land in Fanning Springs, Florida, perfect for recreation.
      NW 170Th St, Fanning Springs, FL 32693
      View Details
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    8151 160Th St
    Fanning Springs, FL 32693
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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