2771 SR-44 38,330 SF Specialty Building Offered at $6,340,000 at a 12% Cap Rate in Deland, FL 32720

INVESTMENT HIGHLIGHTS & KEY INSIGHTS
? The project is located in one of the strongest and fastest-growing areas in the entire United States
? Proximity to Major Recreational & Tourist Attractions
? The facility is new with an ultra-modern design and layout with manicured landscaping and sprinkler system, and 2 state-of-the-art security systems, a 24-hour camera system (25 locations); and a laser motion alarm system along with iron-tight management software and entry system.
? The facility has features and amenities that are not offered by many of its competitors, such as:
Friendly and professionally trained staff Auto-pay available
Ultra-secure security clean restrooms
Handicap spaces Checks accepted
Detailing supplies for sale Facility is fenced and lighted
Discounts for prepayment of 12 months Military discounts
Prep station on-site for RVs, boats and autos
Classic and unique auto storage show room with battery tenders
Largest variety of storage units and spaces in central Florida
? The June 2025 statistics estimate approximately 3,200 new residential units are under development within a 5-mile radius of the facility.
? Strong Demographics & Local Population Growth
? Growing Economic Base & Job Opportunities
? The facility is located moments away from the I-4 corridor, which has one of the highest traffic counts per day in the State of Florida. I-4 connects Daytona Beach to Orlando to Tampa Bay and all communities in between
? The Florida State highway department recorded in 2023 over 15,000 vehicles per day passing the facility on route SR 44 West, Deland, Florida.
? The existing phase 1 facility has three buildings that are 100% occupied with a waiting list, a canopy structure that is 100% occupied and has a waiting list, and the balance of the facility is at 86% occupancy
? The actual revenue for 2024 was $260,053.00 the revenue for 2025 was $295,856.00.
? The facilities' record of defaults and foreclosures illustrates both the pent-up demand in the area and the average customer length of stay is head and shoulders above the national averages. 2023 zero foreclosures; 2024 one foreclosures; 2025 zero foreclosures.
PHASE 2 DETAILS & ADVANTAGES
? Adjacent to and abutting Phase 1, is 17.50 +/- Acres ( Phase 2 ) zoned and engineered for development of Self- storage with frontage on SR 44 West and 1,558.02 feet of frontage on Paradise Drive. The site is ready to start construction
? Phase 2: The approved site plan consists of over 200,000 rentable square feet, comprised of 402 units consisting of 2 buildings, 5 canopy structures, and outdoor uncovered vehicle spaces ranging in size from 10 x 20 to the largest 11 x 70.
? Phase 2: IMPROVEMENTS The 17.5 acres are zoned, and the site plan is approved; the site is improved with a standard 6-foot cyclone fencing surrounding the entire 17 + - acre parcel; the access driveway entrance from SR 44 W has been completed with a deceleration taper lane The survey has been completed, the topography of the property has been completed, an environmental study has been completed,; electrical, water, and phone are on-site and available, a Fire hydrant is located on the property and the majority of the site is clear of major trees.
? The operational overhead for phase 2 will be greatly reduced because the office facility overhead, management software, and security program in phase 1 will encompass the phase 2 operation.
? Phase 2 has a potential 402 units and a potential gross revenue of
$ 1,577,256.00 based upon current comparable rental rates in the geographical area.
Potential Yearly Gross Revenue for Phase 2 $ 1,577,256.00
Potential Yearly Gross Revenue for Phase 1 $ 314,508.00
Potential Yearly Gross Revenue for Phase 1&2 $ 1,891,764.00
(The majority of operating expenses for Phase 2 have already been incurred in the operating expenses for Phase 1 (wages, security, office overhead & software)