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921 E Norvell Bryant Hwy - Remington Storage 13,500 SF Specialty Building Offered at $2,400,000 at a 5.62% Cap Rate in Hernando, FL 34442
Executive Summary
Major price reduction!! We are pleased to present an exceptional opportunity to acquire a well-maintained self-storage facility located in a high-demand market. This property offers stable cash flow, upside potential, and a strong presence within the local community. The facility features a mix of unit sizes designed to accommodate both residential and commercial customers. Currently there are 90 units (60 air-conditioned and 30 non) and a pad to add an additional 60 units. Key amenities include gated access, security cameras, well-lit grounds. The property is fully fenced and accessible 7 days a week. Strategic location with visibility from a major roadway and proximity to residential neighborhoods and businesses. This asset is ideal for both seasoned storage operators and investors seeking a value-add opportunity in a growing market. Whether you're expanding your portfolio or entering the self-storage sector, this property offers a compelling combination of stability and upside.
Property Facts
| Price | $2,400,000 | Building Class | B |
| Price Per SF | $177.78 | Lot Size | 2.17 AC |
| Sale Type | Investment | Building Size | 13,500 SF |
| Cap Rate | 5.62% | No. Stories | 1 |
| Property Type | Specialty | Year Built | 2024 |
| Property Subtype | Self-Storage | ||
| Zoning | GNC | ||
| Price | $2,400,000 |
| Price Per SF | $177.78 |
| Sale Type | Investment |
| Cap Rate | 5.62% |
| Property Type | Specialty |
| Property Subtype | Self-Storage |
| Building Class | B |
| Lot Size | 2.17 AC |
| Building Size | 13,500 SF |
| No. Stories | 1 |
| Year Built | 2024 |
| Zoning | GNC |
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Property Taxes
| Parcel Number | 19E-18S-27-0020-00000-0180 | Improvements Assessment | $0 |
| Land Assessment | $132,040 | Total Assessment | $132,040 |
Property Taxes
Parcel Number
19E-18S-27-0020-00000-0180
Land Assessment
$132,040
Improvements Assessment
$0
Total Assessment
$132,040
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921 E Norvell Bryant Hwy - Remington Storage
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