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Pensacola Self-Storage 2 Properties Offered at $1,000,000 in Pensacola, FL
Investment Highlights
- Attractive Location: 3.19 Current Sq Ft Per Capita in a 1-mile radius (TractIQ Report 3/16/26)
- Upside through standardizing rents / raising below-market rents to market rates & retrieving rental income from uncollected units
- Excellent Visibility & Demographics: 19,800+ AADT | 141,022 Residents within 5-miles | Easy access to Mobile, AL (59 mi) & Tallahassee, FL (196 mi)
- Diversified Unit Mix: Facility is comprised of traditional drive-up units, 2 parking lots, and an office complex with commercial spaces | 15,258 GLA
- Roughly 1.4 acres of dedicated open-field parking for expansion of boat & RV parking or additional storage buildings
- Price below replacement cost
Executive Summary
PRICE REDUCTION
PRICED BELOW REPLACEMENT COST AT $66 PSF
CURRENT CAP RATE: 8.58%
YEAR 1 CAP RATE: 10.17%
PRICED BELOW REPLACEMENT COST AT $66 PSF
CURRENT CAP RATE: 8.58%
YEAR 1 CAP RATE: 10.17%
Property Facts
| Price | $1,000,000 | Number of Properties | 2 |
| Price / SF | $61.37 / SF | Individually For Sale | 0 |
| Cap Rate | 8.58% | Total Building Size | 16,294 SF |
| Sale Type | Investment | Total Land Area | 4.42 AC |
| Status | Active |
| Price | $1,000,000 |
| Price / SF | $61.37 / SF |
| Cap Rate | 8.58% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 16,294 SF |
| Total Land Area | 4.42 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 1720 N Pace Blvd, Pensacola, FL 32505 | Retail | 4,272 SF | 1947 | - |
| 1720 N Pace Blvd, Pensacola, FL 32505 | Specialty | 12,022 SF | 1947 | - |
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