This property offering with over 9,600 rentable square feet is located just a few blocks off the main street and very close to I-95.
The property compliments the self-storage market in Ridgeland with traditional drive up units. The property has room to expand through possible acquisition of the adjacent properties (2.4 Acres) and expand through additional units. This property also includes the billboard on the property.
The site includes an adjacent business (currently occupied and also serves as the rental office and agent).
Building Size: 9,600 SF
Property Type: Industrial – Self/Mini-Storage Facility
Property Use Type: Investment
Year Built: 1970
Lot Size: 1.72 AC
Annual revenue: $35,000.00 / yr.
Benefit to Owner: $22,500.00 / yr.
Potential Revenue: $ 4,830.00 / mo. at present rates
Potential Revenue: $58,000.00 per annum at present rates
and they need to be raised!
Property Taxes 2015: $4256
Number of Units: Traditional: 63
Occupancy Rate: 84%