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Stabilized Climate-Controlled Self Storage 3323 Cosby Hwy 19,381 SF Office Building Cosby, TN 37722 $1,525,000 ($78.69/SF) 8.44% Cap Rate

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Investment Highlights

  • Stabilized Climate-Controlled Self Storage
  • Limited Local Competition
  • In-Demand Unit Mix
  • Prime Visibility on Cosby Highway (US-321)
  • Strong, Diversified Demand Drivers
  • Community-Centered Location across from schools

Executive Summary

Cosby Climate-Controlled Storage offers investors a rare opportunity to acquire a stabilized, income-producing self-storage facility in a market with limited competition and strong built-in demand. Located directly on Cosby Highway (US-321)—the primary route connecting I-40 to Gatlinburg—this property benefits from excellent visibility, steady traffic, and year-round local and tourism-driven activity.
The facility consists of 126 interior, climate-controlled storage units along with an independent office space, all housed within a 20,835-square-foot building on a 2.11-acre parcel. The unit mix is heavily weighted toward the most in-demand sizes (10×10 and 10×20), supporting consistent occupancy and reliable cash flow. All units are secured with controlled access, giving tenants a modern, convenient, and dependable storage option that stands out from older facilities in the Cosby market.
The property is positioned directly across from Cosby High School and Cosby Elementary School, creating constant daily exposure and reinforcing its role as a well-known local asset. Surrounding residential neighborhoods, short-term rental owners, contractors, and seasonal workers provide a diverse and steady tenant base, helping to sustain long-term demand for storage.
This is a turn-key self-storage investment that is already operating and producing income. It is well suited for owner-operators, regional storage companies, or private investors seeking stable cash flow with predictable performance in a growing East Tennessee market. With its strong location, limited local competition, and proven demand, Cosby Climate-Controlled Storage represents an attractive opportunity to own a high-quality, well-positioned storage facility.
This offering is well suited for:
Self-storage owner-operators seeking a turn-key facility
Regional or expanding storage groups
Private investors seeking stable cash flow with upside
Owner-users looking to operate and grow the asset over time
Cosby Climate-Controlled Storage represents a high-quality, income-producing asset with immediate cash flow, future rent and expansion upside, and a prime location along one of East Tennessee’s most traveled corridors. Financial information, rent roll, and additional details available upon request.

Data Room Click Here to Access

Financial Summary (Pro Forma - 2026) Click Here to Access

Annual Annual Per SF
Gross Rental Income $99,999 $9.99
Other Income $99,999 $9.99
Vacancy Loss $99,999 $9.99
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Pro Forma - 2026) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual $99,999
Annual Per SF $9.99
Vacancy Loss
Annual $99,999
Annual Per SF $9.99
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Taxes
Annual $99,999
Annual Per SF $9.99
Operating Expenses
Annual $99,999
Annual Per SF $9.99
Total Expenses
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual $99,999
Annual Per SF $9.99

Property Facts

Sale Type
Investment or Owner User
Sale Condition
Business Value Included
Property Type
Office
Building Size
19,381 SF
Building Class
B
Year Built/Renovated
1967/2024
Price
$1,525,000
Price Per SF
$78.69
Cap Rate
8.44%
NOI
$128,637
Tenancy
Single
Building Height
1 Story
Typical Floor Size
19,381 SF
Building FAR
0.21
Lot Size
2.11 AC
Zoning
Commercial

Amenities

  • 24 Hour Access
  • Controlled Access
  • Security System
  • Signage
  • Storage Space
  • Air Conditioning
  • Smoke Detector

About 3323 COSBY HWY , COSBY, TN 37722

Cosby Climate-Controlled Storage is a fully interior, climate-controlled self-storage facility located on one of East Tennessee’s most traveled corridors. Situated directly on Cosby Highway (US-321) — the main route from I-40 Exit 435 to Gatlinburg — the property benefits from outstanding visibility, easy access, and consistent daily traffic from both local residents and visitors to the Great Smoky Mountains. The asset consists of a 20,835-square-foot building on 2.11 acres and contains 126 secure, climate-controlled storage units plus a separately leased front office that currently generates additional monthly income. The unit mix is concentrated in the most marketable sizes (10×10 and 10×20), which supports steady occupancy and reliable rental performance. The facility is positioned directly across from Cosby High School and Cosby Elementary School, providing constant community exposure and reinforcing its long-term relevance within the market. Demand is supported by nearby neighborhoods, contractors, cabin owners, short-term rental operators, and seasonal tourism workers who rely on convenient, climate-controlled storage. This property represents a turn-key, operating storage investment that has already completed its lease-up phase and moved into a stabilizing performance profile. The combination of prime highway location, limited local competition for climate-controlled storage, and proven tenant demand makes this an attractive acquisition for: Local owner-operators Regional self-storage groups Private investors seeking dependable cash flow Buyers looking for a straightforward, income-producing asset in East Tennessee Cosby Climate-Controlled Storage offers the opportunity to own a well-located, modern storage facility with established operations in a growing and tourism-driven market.

Property Taxes

Property Taxes

Parcel Number
102-027.00
Land Assessment
$0 (2025)
Improvements Assessment
$0 (2025)
Total Assessment
$107,680 (2025)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2026
  • Listing ID: 39067682

  • Date on Market: 1/13/2026

  • Last Updated:

  • Address: 3323 Cosby Hwy, Cosby, TN 37722

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