Tallahassee, FL Self Storage
Retail-Commercial
for Sale
| Catylist Listing ID: |
30819822 |
| Property Subtypes: |
Street Retail, Other
|
| Building Size (RSF): |
29,611 SF
|
| Gross Building Area: |
37,800 SF |
| Gross Land Area: |
1.58 Acres
|
| Sale Price: |
$6,975,000 |
| Unit Price: |
$235.55 PSF |
| Property Use Type: |
Investment, Business |
| Building Name: |
MRZ Storage |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
4.7% |
| Average Occupancy Rate: |
98 |
| Last Updated: |
9/22/2023 |
Overview / Comments
|
The property sits on 1.58 acres and consists of a one, 3 story building with 308 units. The facility was built in 2005 and is brick and stucco construction. The facility has numerous amenities including, but not limited to, security lighting, video surveillance, key fob access system, climate controlled units, various sizes of units ranging from 25 to 150 square feet, easy access drive up for loading and unloading, indoor units and a full-service on site manager office. MRZ storage is located directly on Highway 90 with gateway access to all of Tallahassee’s future east side growth.
|
Additional Details
| Nearest MSA: |
Tallahassee |
| County: |
Leon |
| Taxing Authority: |
Leon County |
| Tax ID/APN: |
1128200340000 |
| Zoning: |
CP (COMMERCIAL PARKWAY) |
| Retail Clientele: |
General, Family, Business |
| Property Located Between: |
Capital Circle NE and Mahan drive |
| Property Visibility: |
Good |
| Largest Nearby Street: |
Highway 90 / Mahan drive |
| Highway Access: |
I-10 Via Highway 90 |
| Airports: |
TLH |
| Site Description: |
Flat site with very efficient layout. |
| Area Description: |
NE area of Tallahassee with exploding growth. This is a main thoroughfare into tallahassee and will experience tremendous commercial and residential growth over the next several years. |
| Tenancy: |
Multiple Tenants |
| Total Number of Buildings: |
1 |
| Number of Stories: |
3 |
| Typical SF / Floor: |
12,600 SF |
| Property Condition: |
Excellent |
| Year Built: |
2005 |
| Roof Type: |
Arched |
| Heat Type: |
Electricity |
| Heat Source: |
Central |
| Air Conditioning: |
Engineered System |
| Internet Access: |
Cable, Fiber Optic |
| Interior Description: |
Extremely clean and very well maintained. |
| Zoning Description: |
Commercial Parkway is the widest range of retail /commercial use zoning in Tallahassee, FL |
| Water Service: |
Municipal |
| Sewer Type: |
Municipal |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
10,941 |
51,875 |
141,409 |
| Median Age: |
33.01 |
37.56 |
34 |
| Households: |
4,902 |
24,386 |
58,478 |
|
© Copyright 2001-2023 Moody's. All Rights Reserved.
The information presented herein is provided as is, without warranty of any kind.
Neither Tallahassee Board of REALTORS nor
Moody's assume any liability for errors or omissions.
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