2935 CRAWFORD WYANDOT RD Nevada OH 44849-9615

RIPCO Investment Sales is pleased to offer for sale A&B Storage located in Nevada, Ohio. The facility offers a diversified unit mix with 139 self-storage units (144 Max), a rental home, and an income-producing billboard, visible from the highway. Situated on ±3.526 acres spread over 3 parcels, A&B Storage has roughly ±0.46 acres available for expansion of Boat & RV parking or the additional storage units. Comprised of 4 storage buildings, A&B Storage has a net rentable storage square footage of ±16,700 square feet and each building has removable bulkheads to accommodate varying unit sizes.

Newly renovated in 2024, the rental home has new appliances, flooring, plumbing and underwent exterior upgrades. A&B Storage is located along US Route 30, providing excellent visibility and traffic counts. Seller financing is available, please see listing agent for details.

Located in Northwest Ohio, the village of Nevada can be accessed by U.S. Route 30, providing connection to Fort Wayne, Lima, and Upper Sandusky to the west, Bucyrus, Mansfield, and Canton to the east. The city is surrounded by agricultural lands for corn and soybeans, contributing to its economy and providing a scenic backdrop for the area.

This an excellent opportunity for an investor to acquire a well-maintained self-storage property that offers additional upside with vacant available land for expansion or redevelopment. A&B Storage is your gateway to a promising a blend of strategic location, diverse offerings, and expansion opportunities.

For more details on this listing, please contact the lead agent:

Jack Kaiser (JKaiser@ripcofl.com | 732.742.9250)

• Seller Financing Now Available: Seller financing terms offer an investor $500,000 down payment | Interest Rate: 5% Interest Only

• Price Reduction

• Massive Upside Potential: Unlock value through increasing occupancy, raising rates, filling roughly half an acre of high-demand recreational/outdoor storage (all local competitors 100% full), and leveraging an expansion parcel for additional storage development

• Diverse Inventory: Facility includes 4 storage buildings, 2-bedroom rental home, 2-car garage, outdoor parking/storage & an income-producing billboard, visible from highway

• Significant Upside from Outdoor Parking Lease-Up | Year 2 Assumptions: 50 Outdoor parking spaces leased | Projected Year 2 NOI: $116,114 | Projected Year 2 Cap Rate: 12.55%

• Excellent Visibility: Located along US Highway 30 with 11,041+ AADT

• Attractive Location: 4.97 Net Rentable ft(²) Per Person in a 5-Mile Radius (TractIQ report)

• Recent Upgrades: Current ownership renovated the rental home in 2024 with new appliances, flooring, plumbing & exterior upgrades