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187 Lee Boy Rd - 84 West Storage 8,925 SF Specialty Building Offered at $645,000 at a 6.50% Cap Rate in Newton, AL 36352
INVESTMENT HIGHLIGHTS
- Modern Construction
- Secure, Fully Fenced & Gated
- Expansion Potential
- Prime Visibility & Access
- Remote Management Ready
- Strong Market Fundamentals & Untapped Ancillary Income
EXECUTIVE SUMMARY
Greenhalgh Storage Group is pleased to offer for sale a newer-generation self-storage facility located in Newton, Alabama, just minutes outside the Dothan metropolitan
area. This well-positioned asset offers investors the opportunity to acquire a turnkey, remotely managed property in a high-visibility location with strong regional demand and room for future growth.
Recently built with contemporary design standards, paved, metal drive-up buildings, and durable materials minimizing near-term capital needs. The facility fronts Highway 84 West, a major thoroughfare connecting Dothan to Enterprise and the Wiregrass region, offering excellent visibility and daily traffic exposure. The property features keypad gate access, perimeter fencing, and LED lighting for enhanced customer security.
area. This well-positioned asset offers investors the opportunity to acquire a turnkey, remotely managed property in a high-visibility location with strong regional demand and room for future growth.
Recently built with contemporary design standards, paved, metal drive-up buildings, and durable materials minimizing near-term capital needs. The facility fronts Highway 84 West, a major thoroughfare connecting Dothan to Enterprise and the Wiregrass region, offering excellent visibility and daily traffic exposure. The property features keypad gate access, perimeter fencing, and LED lighting for enhanced customer security.
PROPERTY FACTS
| Price | $645,000 | Building Class | C |
| Price Per SF | $72.27 | Lot Size | 2.50 AC |
| Sale Type | Investment | Building Size | 8,925 SF |
| Cap Rate | 6.50% | No. Stories | 1 |
| Property Type | Specialty | Year Built | 2023 |
| Property Subtype | Self-Storage |
| Price | $645,000 |
| Price Per SF | $72.27 |
| Sale Type | Investment |
| Cap Rate | 6.50% |
| Property Type | Specialty |
| Property Subtype | Self-Storage |
| Building Class | C |
| Lot Size | 2.50 AC |
| Building Size | 8,925 SF |
| No. Stories | 1 |
| Year Built | 2023 |
PROPERTY TAXES
| Parcel Number | 07-01-11-0-000-059-000 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $168,300 |
PROPERTY TAXES
Parcel Number
07-01-11-0-000-059-000
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$168,300
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187 Lee Boy Rd - 84 West Storage
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