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1315 24th St - Storage Solutions of McComb 34,767 SF Specialty Building Offered at $2,594,180 at a 6.65% Cap Rate in Mccomb, MS 39648



Investment Highlights
- Two facilities totaling 51,350 NRSF located 2.36 miles apart in McComb, MS
- Offered below replacement cost at $50.63 per rentable square foot
- Approximately one acre available for future expansion at Park Side Storage
- 90% physical occupancy across the portfolio with 92% square foot occupancy
- Mom-and-pop operated with limited marketing despite strong physical occupancy
- Proximity to three modern apartment communities and upscale retirement community
Executive Summary
Broker Of Record
Phillip Carpenter
Carpenter Properties, Inc.
8906, C-11708 (MS)
1437 Old Square Road, Suite 104 Jackson, MS 39211 (866) 889-0550
Phillip Carpenter
Carpenter Properties, Inc.
8906, C-11708 (MS)
1437 Old Square Road, Suite 104 Jackson, MS 39211 (866) 889-0550
Property Facts
| Price | $2,594,180 | Building Class | C |
| Price Per SF | $74.62 | Lot Size | 2.42 AC |
| Sale Type | Investment | Building Size | 34,767 SF |
| Cap Rate | 6.65% | No. Stories | 1 |
| Property Type | Specialty | Year Built | 2005 |
| Property Subtype | Self-Storage | Opportunity Zone |
Yes
|
| Zoning | C2 | ||
| Price | $2,594,180 |
| Price Per SF | $74.62 |
| Sale Type | Investment |
| Cap Rate | 6.65% |
| Property Type | Specialty |
| Property Subtype | Self-Storage |
| Building Class | C |
| Lot Size | 2.42 AC |
| Building Size | 34,767 SF |
| No. Stories | 1 |
| Year Built | 2005 |
| Opportunity Zone |
Yes |
| Zoning | C2 |
1 1
Fairly walkable
40/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 582871-ZF | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $129,503 |
Property Taxes
Parcel Number
582871-ZF
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$129,503
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