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14012 W Us-90 4,900 SF Specialty Building Offered at $469,000 at a 6.82% Cap Rate in Greenville, FL 32331



Investment Highlights
- Severe Undersupply + Zero Competition
- Immediate Upside + Room for Expansion
- Automated, Remote-Operated Facility With Multiple Income Streams
Executive Summary
The only self-storage facility within a 12-mile radius, on 1.098 acres across two adjacent commercial parcels at a highway-frontage corner on US-90 in Greenville, FL. 54 units — small, large, extra-large drive-up, plus covered and open parking — fully remote-operated with online rentals and 24/7 access.
The trade area is severely undersupplied (1.9 SF of storage per person within 5 miles vs. the 8 SF national average), and current rents sit well under market, offering a new owner immediate, low-risk upside simply by bringing existing tenants to standard rate at renewal. Additional revenue already underway from U-Haul and truck parking, with further expansion potential in a previously-permitted roadside billboard, contractor yards, and additional storage buildings on excess land.
Full Offering Memorandum available upon execution of NDA.
Data Room Click Here to Access
- Offering Memorandum
- Market Information
Property Facts
Amenities
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About 14012 W US-90 , GREENVILLE, FL 32331
The property sits at the highly visible intersection of US-90 and NW US-221, two key regional corridors connecting Greenville to Monticello, Madison, and I-10. This corner location provides excellent drive-by exposure for storage, parking, and future expansion uses. US-90 is the primary east–west route through Madison County, carrying steady local and regional traffic between Tallahassee and Lake City. US-221 serves as a north–south connector linking rural communities to Monticello and Perry. Together, these highways funnel daily traffic directly past the property, enhancing visibility for storage renters, truck parking users, and U-Haul customers. Consistent activity along this corridor can be seen on the OM's traffic map, including: US-90 AADT ~1,950 near the site US-221 AADT ~2,000 near the intersection These volumes are strong for a rural market and support the facility’s position as the only storage option within 12 miles, capturing demand from Greenville Pointe Apartments, Dollar General, and surrounding residential areas. The property benefits from: Corner visibility at a signalized intersection Direct access from both US-90 and US-221 Proximity to Greenville Pointe Apartments (0.10 miles) Dollar General directly across the street Consistent commuter and local traffic feeding both highways This strategic placement makes the facility the natural storage and parking choice for Greenville and the surrounding rural trade area.
Property Taxes
| Parcel Number | 21-1N-07-2089-005-001 | Improvements Assessment | $45,970 |
| Land Assessment | $25,369 | Total Assessment | $71,339 |
Property Taxes
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14012 W Us-90
