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1851 S Monroe St
Tallahassee, FL 32301
CubeSmart (managed) - Tallahassee · Specialty Property For Sale · 63,748 SF

INVESTMENT HIGHLIGHTS

  • Low Saturation - According to Yardi, the 3-mile saturation is just 4.94 sf per person, with just 2.52 sf of that space being climate-controlled.
  • Expansion Potential - There is expansion potential by redeveloping the parking courtyard that currently consists of 39 RV parking spaces.
  • Diversified Revenue Streams - This operation has multiple revenue streams, including self storage, contractor units, retail suites, and Penske rental

PROPERTY FACTS

Property Type Specialty
Property Subtype Self-Storage
Building Class B
Lot Size 5.49 AC
Building Size 63,748 SF
No. Stories 1
Year Built 1999
Parking Ratio 0.31/1,000 SF
Zoning CU-45

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
41-01-20-480-001.0
Land Assessment
$1,913,152
Improvements Assessment
$3,064,405
Total Assessment
$4,977,557
  • Listing ID: 30400677

  • Date on Market: 12/19/2023

  • Last Updated:

  • Address: 1851 S Monroe St, Tallahassee, FL 32301

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