For Sale
$1,300,000

406 Cox Ferry Rd Salem, IN 47167

High-Occupancy Storage Facility, Great ROI

Property records and analytics

Overview

Added:
Feb 3
Days on market:
73
This exceptional investment opportunity presents a 140-unit storage complex ideally located at 406 Cox Ferry Road, Salem, Indiana. The property encompasses two acres and comprises four buildings constructed between 2018 and 2021. The complex boasts 22,894 square feet of rentable space, distributed across ten different unit sizes, offering a diverse range of options for renters. Currently operating at 98% occupancy, this facility presents significant value-add potential due to below-market rental rates. Modern, user-friendly software facilitates online signup and streamlined unit management, enhancing operational efficiency. A convenient QR code system further simplifies the rental process for tenants. Detailed building sizes, unit configurations, and an aerial view are available upon request. This property represents a strong investment opportunity with substantial upside potential in a thriving market. A second location is also available at 15400 Hwy 60 Borden, Indiana (MLS #2023012303), offering further expansion possibilities. The asking price for this Salem property is $1,300,000.

Property Details for 406 Cox Ferry Rd

Property type
Commercial real estate
Square Feet
22,894 SF
Year Built
2021
Lot Size (sq. ft)
87,120 SF

Location Insight

City
Salem
County
Washington
State
Indiana
Latitude
38.61065
Longitude
-86.1171
406 Cox Ferry Rd, Salem, Indiana

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FAQs

What type of property is this?
Commercial real estate - High-Occupancy Storage Facility, Great ROI
Where is the commercial real estate located?
The property is located at 406 Cox Ferry Rd Salem, IN.
What is the asking price?
The asking price for this property is $1,300,000.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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Contacts

Brian Haeseley

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Cox Ferry Rd
Salem, IN 47167

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Cox Ferry Rd
Salem, IN 47167

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Disclaimer

The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.

We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.

By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.

406 Cox Ferry Rd
  • Brian Haeseley
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