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Self-Storage Facility

Wicksburg Mini Storage

14110 US-84, Newton, AL 36352

Listing Price: $525,000

Cap Rate
7.37%
Occupancy
83.0%
Rentable SF
10,703
Price/Rentable SF
$49.05
Year Built
2008

Investment Overview

Marucs and Millichap is pleased to present Wicksburg Mini Storage. Located in Newton, Alabama, the property serves the Wicksburg, Daleville, and greater Dothan area—an expanding rural-suburban corridor with steady population growth and strong demand for affordable storage. The facility is currently 82% physically occupied , yet many tenants are paying under-market or legacy rental rates, creating clear and immediate revenue recapture opportunities.

Wicksburg Mini Storage has minimal technology, no online leasing, limited marketing, and non-standardized rate management. These operational gaps present straightforward value-add opportunities for a more sophisticated operator. Implementing online move-ins, automated billing, tenant insurance, and structured rent increases—alongside stabilizing the shop lease—can significantly enhance effective gross income.

Investment Highlights

  • Mom & Pop owner/operator. No website/marketing or advertising
  • +/- 2,403 Office/Warehouse included
  • High traffic counts from Hwy 84.

Exclusively Listed By

Self-Storage Facility

Wicksburg Mini Storage

Listing Price: $525,000

Cap Rate
7.37%
Occupancy
83.0%
Rentable SF
10,703
Price/Rentable SF
$49.05
Year Built
2008

Investment Highlights

  • Mom & Pop owner/operator. No website/marketing or advertising
  • +/- 2,403 Office/Warehouse included
  • High traffic counts from Hwy 84.

Investment Overview

Marucs and Millichap is pleased to present Wicksburg Mini Storage. Located in Newton, Alabama, the property serves the Wicksburg, Daleville, and greater Dothan area—an expanding rural-suburban corridor with steady population growth and strong demand for affordable storage. The facility is currently 82% physically occupied , yet many tenants are paying under-market or legacy rental rates, creating clear and immediate revenue recapture opportunities. Wicksburg Mini Storage has minimal technology, no online leasing, limited marketing, and non-standardized rate management. These operational gaps present straightforward value-add opportunities for a more sophisticated operator. Implementing online move-ins, automated billing, tenant insurance, and structured rent increases—alongside stabilizing the shop lease—can significantly enhance effective gross income.

Exclusively Listed By

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