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Self-Storage Facility

Pines Storage Center

520 Crawfordville Hwy, Crawfordville, FL 32327

Listing Price: $3,318,000

Cap Rate
6.00%
Number of Units
138
Occupancy
100.0%
Gross SF
44,252
Rentable SF
37,018
Price/Rentable SF
$89.63
Year Built
1995

Investment Overview

Marcus & Millichap is pleased to offer for sale Pines Storage Center located in Crawfordville, FL. The property features 7 buildings comprised of 68 standard self-storage units, 35 climate-controlled units and 35 covered and uncovered Boat/RV parking spaces totaling 138 units. Situated on 9.16 acres over 5 total acres, there is tremendous upside available with 3 additional parcels for expansion of units or redevelopment. The facility has a history of high occupancies and is currently 100% occupied. Located at 520 Crawfordville Highway, Pines Storage Center is in Crawfordville, which is the county seat of Wakulla County. Wakulla County is in the Big Bend region of the northern portion of Florida. Crawfordville has what so many other places have already lost. The “small town” merchant is alive and well in Crawfordville and its surrounding communities, which only adds to the county’s authenticity. In Crawfordville, you will ?nd unique antique and gift shops, restaurants and friendly businesses. Crawfordville is also home to a satellite campus of Tallahassee Community College and the Wakulla Environmental Institute. The Institute is an emerging state-of-the-art, environmentally-sensitive, and ef?cient learning laboratory for students seeking real-life, hands-on educational opportunities in conservation, the environment, recreation, and hospitality industries.

Investment Highlights

  • 138 Total Units: Standard & Climate-Controlled Units, Covered & Uncovered Boat/RV Parking Spaces | 37,018 NRSF
  • Situated on 5 Parcels Totaling 9.16 Acres in the Tallahassee MSA
  • History of High Occupancies - Currently 100% Occupied
  • Tremendous Upside With 3 Additional Parcels Available for Expansion of Units or Redevelopment
  • Well-Managed, Family Owned & Operated Since 1995
  • Fully-Fenced With Computerized Gate | 24-Hour Video Surveillance | Manager in Close Proximity for Additional Security

Exclusively Listed By

Self-Storage Facility

Pines Storage Center

Listing Price: $3,318,000

Cap Rate
6.00%
Number of Units
138
Occupancy
100.0%
Gross SF
44,252
Rentable SF
37,018
Price/Rentable SF
$89.63
Year Built
1995

Investment Highlights

  • 138 Total Units: Standard & Climate-Controlled Units, Covered & Uncovered Boat/RV Parking Spaces | 37,018 NRSF
  • Situated on 5 Parcels Totaling 9.16 Acres in the Tallahassee MSA
  • History of High Occupancies - Currently 100% Occupied
  • Tremendous Upside With 3 Additional Parcels Available for Expansion of Units or Redevelopment
  • Well-Managed, Family Owned & Operated Since 1995
  • Fully-Fenced With Computerized Gate | 24-Hour Video Surveillance | Manager in Close Proximity for Additional Security

Investment Overview

Marcus & Millichap is pleased to offer for sale Pines Storage Center located in Crawfordville, FL. The property features 7 buildings comprised of 68 standard self-storage units, 35 climate-controlled units and 35 covered and uncovered Boat/RV parking spaces totaling 138 units. Situated on 9.16 acres over 5 total acres, there is tremendous upside available with 3 additional parcels for expansion of units or redevelopment. The facility has a history of high occupancies and is currently 100% occupied. Located at 520 Crawfordville Highway, Pines Storage Center is in Crawfordville, which is the county seat of Wakulla County. Wakulla County is in the Big Bend region of the northern portion of Florida. Crawfordville has what so many other places have already lost. The “small town” merchant is alive and well in Crawfordville and its surrounding communities, which only adds to the county’s authenticity. In Crawfordville, you will ?nd unique antique and gift shops, restaurants and friendly businesses. Crawfordville is also home to a satellite campus of Tallahassee Community College and the Wakulla Environmental Institute. The Institute is an emerging state-of-the-art, environmentally-sensitive, and ef?cient learning laboratory for students seeking real-life, hands-on educational opportunities in conservation, the environment, recreation, and hospitality industries.

Exclusively Listed By

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