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269 N 4th St - Tipp City Self Storage Facility For Sale 9,250 SF Specialty Building Offered at $700,000 in Tipp City, OH 45371
Executive Summary
TIPP CITY SELF-STORAGE INVESTMENT OPPORTUNITY
$700,000 | 1.098 Acres | 9,250± SF | 77% Occupied 8.0% Projected Cap Rate*
Two buildings with outside storage
Front Storage Building: 7,000 SF
Rear Storage Building: 2,250 SF
Gross Building Area: 9,250 SF – 85 storage units including 11 exterior units
Built in 1989 on 1.098 acres
Construction: Metal/Concrete Block
Fenced-in site with automatic gated keypad access
Great upside potential with below-market rents
Out-of-state ownership; Opportunity for Local / Regional Investor
77% occupied
*Projected 8% cap rate at stabilized 90% occupancy, based on gradual rent increases
Strategically located in Tipp City, with convenient access to I-75 and surrounding Miami County communities
Well-maintained buildings with signage visibility
*Projected financial performance is based on assumptions regarding occupancy and rental rate increases and is not guaranteed. Prospective purchasers should independently verify all financial, physical, zoning, and property information
$700,000 | 1.098 Acres | 9,250± SF | 77% Occupied 8.0% Projected Cap Rate*
Two buildings with outside storage
Front Storage Building: 7,000 SF
Rear Storage Building: 2,250 SF
Gross Building Area: 9,250 SF – 85 storage units including 11 exterior units
Built in 1989 on 1.098 acres
Construction: Metal/Concrete Block
Fenced-in site with automatic gated keypad access
Great upside potential with below-market rents
Out-of-state ownership; Opportunity for Local / Regional Investor
77% occupied
*Projected 8% cap rate at stabilized 90% occupancy, based on gradual rent increases
Strategically located in Tipp City, with convenient access to I-75 and surrounding Miami County communities
Well-maintained buildings with signage visibility
*Projected financial performance is based on assumptions regarding occupancy and rental rate increases and is not guaranteed. Prospective purchasers should independently verify all financial, physical, zoning, and property information
Property Facts
| Price | $700,000 | Building Class | C |
| Price Per SF | $75.68 | Lot Size | 0.54 AC |
| Sale Type | Investment | Building Size | 9,250 SF |
| Property Type | Specialty | No. Stories | 1 |
| Property Subtype | Year Built | 1989 |
| Price | $700,000 |
| Price Per SF | $75.68 |
| Sale Type | Investment |
| Property Type | Specialty |
| Property Subtype | |
| Building Class | C |
| Lot Size | 0.54 AC |
| Building Size | 9,250 SF |
| No. Stories | 1 |
| Year Built | 1989 |
Amenities
- Controlled Access
1 1
Somewhat walkable
30/100
Exceptionally drivable
100/100
Fairly bikeable
40/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $80,470 | |
| Land Assessment | $29,300 | Total Assessment | $109,770 |
Property Taxes
Parcel Numbers
Land Assessment
$29,300
Improvements Assessment
$80,470
Total Assessment
$109,770
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