257 E High St - K & A Self Storage
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257 E High St - K & A Self Storage
1,200 SF Specialty Building Offered at $650,000 at a 5.86% Cap Rate in Mooresville, IN 46158
Investment Highlights
- Mini Warehouse Self Storage
- Updated
- Retail office building
Executive Summary
Attention investors, great opportunity for a commercial zones mini warehouse. There are 45 storage units with auto gate and security fence. Security lights on each building were added and block buildings were tuck pointed. There are multiple sizes of storage options. Storage is self managed and all units are currently rented. An 1800 square foot office. Office building has 1/2 bath, loft and multiple interior options. Many updates to the property, include new roof, gutters and exterior paint in 2020. New HVAC, flooring and trim in office 2024. Office is currently rented.
Year built and square footage reflect office building information not the mini storage units.
*The cap rate listed is calculated with current rates at 100% leased.*
Year built and square footage reflect office building information not the mini storage units.
*The cap rate listed is calculated with current rates at 100% leased.*
Property Facts
| Price | $650,000 | Property Subtype | Self-Storage |
| Price Per SF | $542 | Lot Size | 0.64 AC |
| Sale Type | Investment or Owner User | Building Size | 1,200 SF |
| Cap Rate | 5.86% | No. Stories | 2 |
| Sale Conditions | Bulk/Portfolio Sale | Year Built/Renovated | 1960/2000 |
| Property Type | Specialty | Parking Ratio | 10/1,000 SF |
| Price | $650,000 |
| Price Per SF | $542 |
| Sale Type | Investment or Owner User |
| Cap Rate | 5.86% |
| Sale Conditions | Bulk/Portfolio Sale |
| Property Type | Specialty |
| Property Subtype | Self-Storage |
| Lot Size | 0.64 AC |
| Building Size | 1,200 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1960/2000 |
| Parking Ratio | 10/1,000 SF |
Amenities
- Signage
- Smoke Detector
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PROPERTY TAXES
| Parcel Number | 55-01-36-265-002.003-005 | Improvements Assessment | $209,800 |
| Land Assessment | $91,700 | Total Assessment | $301,500 |
PROPERTY TAXES
Parcel Number
55-01-36-265-002.003-005
Land Assessment
$91,700
Improvements Assessment
$209,800
Total Assessment
$301,500
zoning
| Zoning Code | Mini Warehouse (Mini Warehouse Self Storage) |
| Mini Warehouse (Mini Warehouse Self Storage) |
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257 E High St - K & A Self Storage
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