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4870 20th St - Extra Space Storage (Managed) 17,625 SF Specialty Building Offered at $2,174,000 in Vero Beach, FL 32966
EXECUTIVE SUMMARY
- Recently-Stabilized Self Storage Facility Comprised of 182 Non-Climate Units Totaling 17,390 Net Rentable Square Feet
- Opportunity to Increase Revenue Through Implementation of Existing Customer Rent Increases and the Collection of Tenant Insurance Income
- Facility is an Excellent Candidate for Remote Management With Automatic Gate, Keypad Entry, and Management Software Already in Place
- Recent Cap/Ex Improvements Include New Exterior Lighting, Roof Repairs, Internet Installation, and Upgrades to Security Cameras, Gate, Fence, and Gate Keypad
- Dense Population Numbers of 45,636 Residents Within Three Miles of the Property and 95,075 Residents Within Five Miles of the Property
- Strong Average Household Income of $85,711 Within Five Miles of the Property
- Booming Population Growth of 2.4% Annually Since the 2020 Census Within Five Miles of the Property
- Vero Beach is Located Along Florida's Atlantic Coast Approximately 65 Miles North of West Palm Beach and is Home to 16,800 Residents
- The Sebastian-Vero Beach-West Vero Corridor MSA is Home to a Rapidly Growing Population of 169,795 Residents
- Opportunity to Increase Revenue Through Implementation of Existing Customer Rent Increases and the Collection of Tenant Insurance Income
- Facility is an Excellent Candidate for Remote Management With Automatic Gate, Keypad Entry, and Management Software Already in Place
- Recent Cap/Ex Improvements Include New Exterior Lighting, Roof Repairs, Internet Installation, and Upgrades to Security Cameras, Gate, Fence, and Gate Keypad
- Dense Population Numbers of 45,636 Residents Within Three Miles of the Property and 95,075 Residents Within Five Miles of the Property
- Strong Average Household Income of $85,711 Within Five Miles of the Property
- Booming Population Growth of 2.4% Annually Since the 2020 Census Within Five Miles of the Property
- Vero Beach is Located Along Florida's Atlantic Coast Approximately 65 Miles North of West Palm Beach and is Home to 16,800 Residents
- The Sebastian-Vero Beach-West Vero Corridor MSA is Home to a Rapidly Growing Population of 169,795 Residents
PROPERTY FACTS
| Price | $2,174,000 | Lot Size | 1.30 AC |
| Price Per SF | $123.35 | Building Size | 17,625 SF |
| Sale Type | Investment | No. Stories | 1 |
| Property Type | Specialty | Year Built | 1994 |
| Property Subtype | Self-Storage | ||
| Zoning | CL | ||
| Price | $2,174,000 |
| Price Per SF | $123.35 |
| Sale Type | Investment |
| Property Type | Specialty |
| Property Subtype | Self-Storage |
| Lot Size | 1.30 AC |
| Building Size | 17,625 SF |
| No. Stories | 1 |
| Year Built | 1994 |
| Zoning | CL |
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PROPERTY TAXES
| Parcel Number | 33-39-04-00001-0070-00007.1 | Improvements Assessment | $416,626 |
| Land Assessment | $108,301 | Total Assessment | $524,927 |
PROPERTY TAXES
Parcel Number
33-39-04-00001-0070-00007.1
Land Assessment
$108,301
Improvements Assessment
$416,626
Total Assessment
$524,927
CONTACTS
-
David Perlleshi -
Frank DeSalvo -
Josh Snead -
Justin Clark -
Darron Kattan -
Franklin Street
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4870 20th St - Extra Space Storage (Managed)
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