For Sale
$299,000

3950 Old Cottondale RdMarianna, FL 32448

Self-storage business, high growth potential.

Overview

Added:
Dec 11, 2024
Days on market:
114
This fee-simple self-storage facility in Marianna, Florida, presents a compelling value-add investment opportunity. The property, located at 3950 Old Cottondale Rd, 32448, encompasses 0.87 acres and features two single-story buildings totaling 8,752 square feet of net rentable space. Constructed in 1975 and 1996, the facility currently boasts 30 units with a 50% occupancy rate as of September 30, 2024. The property is zoned 004100 - LIGHT MFG and includes 30 parking spaces. The existing units comprise 15 climate-controlled 8'x21' units and 15 outside-access 10'x18' units. Significant upside potential exists through increased occupancy and the addition of further structures, leveraging the existing infrastructure and high demand for storage solutions in the area. The property's strong cash flow, low operating costs, and established clientele make it an attractive investment for those seeking a stable and potentially high-growth venture in the self-storage sector. The property's APN is 06-4N-10-0000-0040-0000. This is a turnkey business ready for immediate income generation and expansion.

Highlights

  • Fee-simple self-storage facility in Marianna, FL, offering a value-add investment opportunity.
  • 8,752 square feet of net rentable space on a 0.87-acre lot at 3950 Old Cottondale Rd, 32448.
  • 30 units (15 climate-controlled 8'x21' and 15 outside-access 10'x18') with 50% occupancy (as of September 30, 2024).
  • Zoned 004100 - LIGHT MFG, with 30 parking spaces and APN 06-4N-10-0000-0040-0000.
  • Turnkey operation with strong cash flow, low operating costs, and significant upside potential through increased occupancy and expansion.

Property Details for 3950 Old Cottondale Rd

Property type
Self storage facilities
Square Feet
8,752 SF
Class
C
Buildings
2
Stories
1
Lot Size (sq. ft)
37,897 SF
Units
30

Location Insight

City
Marianna
County
Jackson
State
Florida
Latitude
30.780192852315
Longitude
-85.266796905578
3950 Old Cottondale Rd, Marianna, Florida

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
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.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
3950 Old Cottondale Rd
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message