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33485101
33485100

428 Government Avenue, Valparaiso, FL 32580

NC
OH 2015003418
Marcus & Millichap - Columbus
BH
OH SAL.2006002356
Marcus & Millichap - Columbus
GC
OH 2014003018
Marcus & Millichap - Columbus
Listed by Marcus & Millichap - Columbus
$875,000
11 days on market
Updated 11 days ago

StoragePup - Valparaiso

Details
Property Type Self Storage
Square Footage 20,424
Units 151
Cap Rate 7.95%
NOI $69,538
Occupancy 72%
Pro-Forma Cap Rate 14.67%
Pro-Forma NOI $128,405
Price per SqFt $43
Year Built 1988
Buildings 4
Acreage 1.030
Sale Condition N/A

Self-Storage | 151 Units | $42/Sqft

Marketing description

Marcus & Millichap is pleased to offer for sale StoragePUP located in Valparaiso, Florida. This property is part of four properties for sale that can be sold together or separately. This location features 93 non-climate-controlled units, 32 climate-controlled pod units, 16 non-climate pod units, and 10 outdoor parking spaces totaling 151 units and 20,424 net rentable square feet.

Investment highlights

  • Valparaiso, Florida Self-Storage Offering
  • Located About 20 Miles North of Destin, Florida
  • 20,424 Net Rentable Square Feet
  • 93 Non-Climate Units, 32 Climate-Controlled Pod Units, 16 Non-Climate Pod Units, and 10 Outdoor Parking Spaces
  • Affluent Market: Average Household Income Within Three and Five Miles is Above the National Average
  • Average HHI: 1-Mile: $100,225 | 3-Mile: $104,648 | 5-Miles: $122,868
  • Growing Surrounding Population: 19% Increase Since 2010 Within a Five-Mile Radius

Listing Contacts

NC
OH 2015003418
Marcus & Millichap - Columbus
BH
OH SAL.2006002356
Marcus & Millichap - Columbus
GC
OH 2014003018
Marcus & Millichap - Columbus
Listed by Marcus & Millichap - Columbus

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$69,538.00
$5,794.83/mo

Valuation Metrics

0
DSCR
7.95%
Cap Rate
7.95%
ROI

Map

Zoning

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C-2 CommercialSpecial CommercialUnlimited Commercial
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Last updated May 25, 2026 For deeper zoning details, reports are available at Zoneomics

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Property History

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Additional Information

Name
Ryan Nee
License
BK3154667
Brokerage
Marcus & Millichap
Title
Broker of Record
Brokerage Address
5900 N Andrews Ave., Ste. 100, Fort Lauderdale, FL 33309
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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