SOLD
Sioux City, IA
Fully Entitled Conversion Opportunity
$1,250,000
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SOLD
Sioux City, IA
Fully Entitled Conversion Opportunity
$1,250,000
Phenomenal redevelopment opportunity in downtown Sioux City, Iowa on historic 4th Street. The building site is on three parcels totaling 1.04 acres and contains 57,500 +/- GSF for a self-storage conversion. The current owner received approval for self-storage as a conditional use in the summer of 2022. Additionally, the property is located in an Opportunity Zone and adjacent to a brand new multifamily complex.
Area CRE Services is licensed under Keller Williams Realty Integrity Lakes
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Moore, OK
Development Site
$697,851
489 Units
High-quality storage development site in Moore, OK, located in the Oklahoma City MSA with strong demographics (3-Mile AHHI of $90,000; 3-Mile Population of 73,458).
Opportunity to gain additional scale by building multi-story.
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Bay City, TX
World Wide Storage + Tractor Supply Co.
$4,500,000
374 Units
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Bay City, TX
World Wide Storage + Tractor Supply Co.
$4,500,000
374 Units
World Wide Storage is a single story 374-unit storage facility located on the main thoroughfare into Bay City. Not only is it the newest and best in class facility, but it’s also 98% climate controlled with mezzanine expansion options. Since opening August of 2022, the property has achieved 90% Occupancy. Newer improvements including 4k security cameras and stadium lighting paired with the new construction are what continue to attract Bay City and surrounding area renters. Previously an old Walmart, the building is located on approximately 10.83 acres of land (per Matagorda CAD records) and includes a large parking lot adjacent to 7th street. The east side of the building is 100% leased to Tractor Supply, who occupies 26,950 square feet. Combined with the stability of the credit rated triple net tenant, growing demographics, and a strong first lease up, this opportunity presents a unique investment opportunity.
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La Marque, TX
Bo’s Self Storage
$895,000
112 Units
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La Marque, TX
Bo’s Self Storage
$895,000
112 Units
Bo’s Self Storage is a 112 non-climate controlled unit facility located seconds away from I45 in La Marque, Texas. It contains new property improvements and is adequately positioned to be remotely managed. The new property improvements include stadium lights and 4k cameras. Both are great additions for either a nearby owner looking to expand or a first-time buyer. The improvements coupled with the surrounding gate ensure a safe storage experience for local renters. The current owner has achieved 90% occupancy since purchasing the facility in 2021 and continues an upward trajectory. In addition, the site contains an 1,800 square foot office space which is leased for the following three (3) years followed by a three (3) year renewal. Given the property’s location, amenities, and track record, it has consistently achieved increasing occupancy rates and demonstrated market resilience with comparable properties.
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Medford, OR
Development Opportunity
$375,000
This 2.36 acre development opportunity is located in Medford, OR off Crater Lake Ave. There has been a zone change that has turned this property into a valuable commodity. Flexible commercial zoning allowing self storage.
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Bechtelsville, PA
Conversion Opportunity
$1,350,000
193 Units
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Bechtelsville, PA
Conversion Opportunity
$1,350,000
193 Units
This proposed conversion site consists of a 26,800 SF, one-story, masonry industrial building situated on 2+/- acres in Bechtelsville, PA. The property has excellent visibility and is located on Route 100, a major highway between Route 422 in Pottstown and Route 78 in the Lehigh Valley.
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