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1158 8Th AvePalmetto, FL 34221

High-Demand, Stabilized Storage Facility

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional self-storage facility in Palmetto, Florida, presents a compelling investment opportunity. Strategically located on a major thoroughfare with over 30,000 daily vehicles, this 1.3195-acre property boasts two buildings offering 26 fully enclosed, 15' x 50' bays. Each unit features 12' wide x 14' tall electric roll-up doors with remote/keypad access and 30-amp electrical service with RV plugs. Security cameras, 24-hour access, a dump station, fire sprinklers, and wide driveways enhance convenience and safety. The property enjoys a 92%+ occupancy rate and benefits from its proximity to major retailers (Take 5 Oil, UPS, Pizza Hut, Dollar Tree), numerous RV parks/campgrounds, and marinas/boat ramps within a 10-mile radius. Located in Manatee County, this facility serves a thriving recreational boating community, with over 25,660 registered pleasure vessels in the county alone. Current rental rates are below market value, presenting significant upside potential with professional management and marketing. Three convenient entrances further enhance accessibility. This is a rare opportunity to acquire a well-established, high-performing storage facility in a prime location with substantial growth potential.

Highlights

  • Fully enclosed RV & boat storage facility in Palmetto, FL.
  • Prime location on a major thoroughfare connecting Bradenton and St. Petersburg, boasting 30,000 daily vehicle counts.
  • Two buildings situated on 1.3195 acres.
  • 26 fully enclosed, 15'x50' storage bays, each with 30-amp electrical service.
  • 92%+ occupancy rate.
  • Excellent proximity to recreational areas and boat ramps, providing access to the Manatee River and Tampa Bay.

Property Details for 1158 8Th Ave

Property type
Self storage facilities

Location Insight

City
Palmetto
County
Manatee
State
Florida
Latitude
27.523987238807
Longitude
-82.571852072093
1158 8Th Ave, Palmetto, Florida

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1158 8Th Ave
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