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2212 US-51 Hwy - Storage 51 81,708 SF Specialty Building Offered at $2,600,000 in Madison, MS 39110
Investment Highlights
- Fully fenced and gated
- Located just north of the intersection of Highway 51 and West Sowell Road
- Offers covered and uncovered parking spaces
- 24/7 keypad access & 24/7 video surveillance
Executive Summary
REDUCED PRICE - CALL BROKER
Storage 51 is a boat & RV storage facility located just north of the intersection of Highway 51 & West Sowell Road in Madison, MS. The facility opened in the fall of 2019 and includes a total of 199 parking spaces encompassing 81,708 rentable square feet of open and covered boat & RV parking. There are a total of 72 covered parking spaces and of those 72, 68 have access to power. There are two options available for power and those are as follows:
•110 amp power service is available for an additional $15 per month
•30 amp power service is available for an additional $25 per month
(Note: the first 16 covered spaces have access to both power supply options while the rest only have 110 amp service). The remaining 4 covered spaces are located in the rear of the property and do not have power service available.
The facility is completely fenced and has a keypad access gate for entry and exit purposes. The facility is operated remotely however there is an on-site office with a full bathroom and large, conditioned warehouse storage area with two large roll-up doors on each end. At present, this warehouse storage area is used by the owner. However, it could be modified and a portion converted to an additional storage unit to be rented out.
Storage 51 is a boat & RV storage facility located just north of the intersection of Highway 51 & West Sowell Road in Madison, MS. The facility opened in the fall of 2019 and includes a total of 199 parking spaces encompassing 81,708 rentable square feet of open and covered boat & RV parking. There are a total of 72 covered parking spaces and of those 72, 68 have access to power. There are two options available for power and those are as follows:
•110 amp power service is available for an additional $15 per month
•30 amp power service is available for an additional $25 per month
(Note: the first 16 covered spaces have access to both power supply options while the rest only have 110 amp service). The remaining 4 covered spaces are located in the rear of the property and do not have power service available.
The facility is completely fenced and has a keypad access gate for entry and exit purposes. The facility is operated remotely however there is an on-site office with a full bathroom and large, conditioned warehouse storage area with two large roll-up doors on each end. At present, this warehouse storage area is used by the owner. However, it could be modified and a portion converted to an additional storage unit to be rented out.
Property Facts
| Price | $2,600,000 | Lot Size | 5.12 AC |
| Price Per SF | $31.82 | Building Size | 81,708 SF |
| Sale Type | Investment | No. Stories | 1 |
| Property Type | Specialty | Year Built | 2019 |
| Property Subtype | Self-Storage | Parking Ratio | 1.79/1,000 SF |
| Building Class | C | Cross Streets | E. Sowell Rd. |
| Zoning | C2 - General Commercial | ||
| Price | $2,600,000 |
| Price Per SF | $31.82 |
| Sale Type | Investment |
| Property Type | Specialty |
| Property Subtype | Self-Storage |
| Building Class | C |
| Lot Size | 5.12 AC |
| Building Size | 81,708 SF |
| No. Stories | 1 |
| Year Built | 2019 |
| Parking Ratio | 1.79/1,000 SF |
| Cross Streets | E. Sowell Rd. |
| Zoning | C2 - General Commercial |
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Property Taxes
| Parcel Number | 082F-14-015-00-00 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $55,370 |
Property Taxes
Parcel Number
082F-14-015-00-00
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$55,370
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2212 US-51 Hwy - Storage 51
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