Freedom Storage | Lake City
Storage with 3 AC of Expansion Land on the FL Panhandle!
Marketing description
SVN is pleased to present Freedom Storage in Lake City, Florida, a well positioned self-storage investment opportunity with strong visibility, recent capital improvements, and significant expansion potential. The Lake City facility consists of 89 units totaling 9,100 square feet situated on 3.76 acres. A major highlight of the property is approximately three acres of excess land, which can accommodate up to 45,000 square feet of additional storage, providing a clear path for future value creation. Recent upgrades include new roofs, fresh exterior paint, and modernized lighting, reducing near-term capital expenditure needs. Strategically located along US Highway 41 with traffic counts exceeding 9,300 vehicles per day and only one competitor within a three-mile radius, the property benefits from strong visibility and limited direct competition. Positioned in a growing North Florida market with interstate access and expanding household demand, Freedom Storage offers investors immediate income with substantial long-term value-add upside through expansion and operational growth.
Investment highlights
Growing Market: Lake City (~35,000; CSA 250,000+)
Expansion Potential: 3 acres for Expansion
High Traffic & Visibility: US 41 (~9,300 VPD) Lake City
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