1860 Old Highway 84 | Ashford, AL 36312
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- LoopNet Team
1860 Old Highway 84
Ashford, AL 36312
Specialty Property For Sale
·
27,092 SF
INVESTMENT HIGHLIGHTS
- Very High Yields Upon Stabilization – 10.80% Cap Rate in Year 3 and 11.17% Cap Rate in Year 4.
- Currently no advertising nor online presence, as the facility currently does not have Google tag. This presents opportunity to immediately modernize
- Limited Competition – Single digit square feet per capita in a 3 & 5-mile radius and no other climate-controlled units within a 5-mile trade radius
- Opportunity to increase income by offering tenant insurance to renters as well as leasing the vacant retail suite to a local/national business.
PROPERTY FACTS
| Property Type | Specialty | Building Size | 27,092 SF |
| Property Subtype | Self-Storage | No. Stories | 1 |
| Building Class | C | Year Built/Renovated | 1975/2022 |
| Lot Size | 3.20 AC | Parking Ratio | 6.02/1,000 SF |
| Construction Status | Converted | ||
| Zoning | None | ||
| Property Type | Specialty |
| Property Subtype | Self-Storage |
| Building Class | C |
| Lot Size | 3.20 AC |
| Construction Status | Converted |
| Building Size | 27,092 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1975/2022 |
| Parking Ratio | 6.02/1,000 SF |
| Zoning | None |
PROPERTY TAXES
| Parcel Number | 11-08-33-4-007-001-001 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $173,160 |
PROPERTY TAXES
Parcel Number
11-08-33-4-007-001-001
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$173,160
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