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3010 NW Us Highway 41
Lake City, FL 32055

$650,000 USD

Self Storage For Sale • 9,100 SF

Property Details

Property Type Self Storage
Total Building Size 9,100 SF
Lot Size 3.76 AC
Building Class C
Year Built 1989
Cap Rate 7.24 %
Zoning I

20 Walk Score

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 o?ers investors immediate income with substantial long-term value-add upside through expansion and operational growth.

                
                    Highlights
                
                                Growing Market: Lake City (~35,000; CSA 250,000+)
                            
                                Expansion Potential: 3 acres for Expansion
                            
                                High Tra?c & Visibility: US 41 (~9,300 VPD) Lake City