3764 Jacobs XingMiddleburg, FL 32068

Property Details for 3764 Jacobs Xing

Year built

2023

Lot size

1.51 AC

Property size (Sq ft)

69,650 SF

Property type

Self storage facilities

Description

Exceptional investment opportunity: a Class A, three-story self-storage facility in Middleburg, Florida, totaling 69,650 net rentable square feet. This 2023-built, single-building property boasts 627 climate-controlled units and sits on a 1.51-acre lot at 3764 Jacobs Xing, 32068. Currently operating at 46.11% occupancy, the property demonstrates significant upside potential, reflected in a pro-forma cap rate of 6.25% and pro-forma NOI of $946,745, compared to the current NOI of $194,978 and a current cap rate of 1.29%. The asking price is $15,150,000, translating to $217.52 per square foot. Located just 19 miles from downtown Jacksonville, this facility benefits from excellent visibility and high daily traffic counts. The surrounding area shows strong demographics, with a population of nearly 100,000 within a five-mile radius, exhibiting a remarkable 49% growth over the past 23 years and projected continued expansion. The property's strategic location amidst numerous multi-family development projects further enhances its long-term growth prospects, with over 750 additional multi-family units planned. The area's median income is $91,000, indicating a strong consumer base. This property presents a compelling investment opportunity for those seeking significant returns in a rapidly growing market.

Location Insight

City

Middleburg

County

Clay

State

Florida

Latitude

30.1111

Longitude

-81.8286

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].