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1851 S Monroe St
CubeSmart (managed) - Tallahassee · Specialty Property For Sale
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63,748 SF
INVESTMENT HIGHLIGHTS
Low Saturation - According to Yardi, the 3-mile saturation is just 4.94 sf per person, with just 2.52 sf of that space being climate-controlled.
Expansion Potential - There is expansion potential by redeveloping the parking courtyard that currently consists of 39 RV parking spaces.
Diversified Revenue Streams - This operation has multiple revenue streams, including self storage, contractor units, retail suites, and Penske rental
PROPERTY FACTS
Property Type
Specialty
Property Subtype
Self-Storage
Building Class
B
Lot Size
5.49 AC
Building Size
63,748 SF
No. Stories
1
Year Built
1999
Parking Ratio
0.31/1,000 SF
PROPERTY TAXES
Parcel Number
41-01-20-480-001.0
Improvements Assessment
$2,208,292
Land Assessment
$362,220
Total Assessment
$2,570,512
