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14110 W US 84 - Wicksburg Mini Storage 11,671 SF Specialty Building Offered at $525,000 at a 7.37% Cap Rate in Newton, AL 36352
Investment Highlights
- Mom & Pop owner/operator. No website/minimal marketing and advertising
- +/- 968 SF Pole Barn that is currently owner occupied currently not bringing in any income
- +/- 2,403 Office/Warehouse included. Occupied @ $1,200 a month
- High traffic counts from Hwy 84
Executive Summary
Marcus and Millichap is pleased to present Wicksburg Mini Storage. Located in Newton, Alabama, the property serves the Wicksburg, Daleville, and greater Dothan area —an expanding rural-suburban corridor with steady population growth and strong demand for affordable storage. The facility is currently 82% physically occupied , yet many tenants are paying under-market rental rates, creating clear and immediate revenue recapture opportunities. There is a +/- 2,403 Warehouse with an office and bathroom on site that is currently rented to a tow truck company @ 1,200 a month and a +/- 968 sq ft pole barn that is owner occupied included in the sale. Wicksburg Mini Storage has minimal technology, no online leasing, limited marketing, and non-standardized rate management. These operational gaps present straightforward value-add opportunities for a more sophisticated operator. Implementing online move-ins, automated billing, tenant insurance, and structured rent increases—alongside stabilizing the shop lease—can significantly enhance effective gross income.
Property Facts
| Price | $525,000 | Building Class | C |
| Price Per SF | $44.98 | Lot Size | 1.15 AC |
| Sale Type | Investment | Building Size | 11,671 SF |
| Cap Rate | 7.37% | No. Stories | 1 |
| Property Type | Specialty | Year Built | 2008 |
| Property Subtype | Self-Storage | Parking Ratio | 2.57/1,000 SF |
| Zoning | Commercial | ||
| Price | $525,000 |
| Price Per SF | $44.98 |
| Sale Type | Investment |
| Cap Rate | 7.37% |
| Property Type | Specialty |
| Property Subtype | Self-Storage |
| Building Class | C |
| Lot Size | 1.15 AC |
| Building Size | 11,671 SF |
| No. Stories | 1 |
| Year Built | 2008 |
| Parking Ratio | 2.57/1,000 SF |
| Zoning | Commercial |
Property Taxes
| Parcel Number | 07-02-10-0-000-021-001 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $59,100 |
Property Taxes
Parcel Number
07-02-10-0-000-021-001
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$59,100
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14110 W US 84 - Wicksburg Mini Storage
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