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27312316
27312312

3010 US Hwy 41 NW, Lake City, FL 32055

KC
FL SL3636547, AL AL 000137811
SVN Southland Commercial
KA
2013003740
SVN | Wilson Commercial Group, LLC
MC
AL 000093777, FL BK3179263 (+1)
SVN | SouthLand Commercial Pensacola
Listed by SVN Southland Commercial, SVN | Wilson Commercial Group, LLC, SVN | SouthLand Commercial Pensacola
$1,799,000
246 days on market
Updated 0 days ago

Freedom Storage Portfolio

Details
Property Type Self Storage
Sub Type self storage
Square Footage 25,174
Cap Rate 8.17%
NOI $147,000
Tenancy Multi
Lease Type Gross
Pro-Forma Cap Rate 11.84%
Pro-Forma NOI $213,000
Broker Co-Op Yes
Buildings 8
Acreage 5.640

Expand to 70,000 SF!

Marketing description

SVN is pleased to present the Freedom Storage Portfolio, a two-property self-storage opportunity in Lake City and Live Oak, Florida, totaling 200 units across over 25,000 square feet with strong market positioning, recent improvements, and growth potential.

The Lake City facility offers 89 units on 3.76 acres, including three acres of expansion land for up to 45,000 square feet of additional storage. Recent upgrades include new roofs, paint, and modern lighting. Situated on US Highway 41 with over 9,300 vehicles per day and only one nearby competitor, the property enjoys excellent visibility. The Live Oak facility features 113 units on 1.88 acres, including a warehouse with flexible conversion potential. Upgrades mirror those in Lake City, and its location on US Highway 90 near Publix and other retailers ensures strong traffic and consumer draw.

The Freedom Storage Portfolio provides investors with stabilized, well-maintained assets in growing North Florida markets, offering immediate income and significant long-term value-add opportunities.

Investment highlights

Growing Markets: Lake City (~35,000; CSA 250,000+) and Live Oak (~7,000; county 40,000+)

Expansion Potential: Lake City 3 acres for Expansion; Live Oak Warehouse Conversion

High Traffic & Visibility: US 41 (~9,300 VPD) Lake City; US 90 (~8,600 VPD) Live Oak near Publix

Listing Contacts

KC
FL SL3636547, AL AL 000137811
SVN Southland Commercial
KA
2013003740
SVN | Wilson Commercial Group, LLC
MC
AL 000093777, FL BK3179263 (+1)
SVN | SouthLand Commercial Pensacola
Listed by SVN Southland Commercial, SVN | Wilson Commercial Group, LLC, SVN | SouthLand Commercial Pensacola

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$147,000.00
$12,250.00/mo

Valuation Metrics

0
DSCR
8.17%
Cap Rate
8.17%
ROI

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Additional Information

Name
Kateleigh Calloway
License
SL3636547
Title
Florida
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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