For sale
Prime Mini-Storage Investment Opportunity
Acreage
2.89 ±
County
Sussex
Price
$2,200,000
Description
This well-maintained mini-storage complex offers a solid investment with excellent potential for growth. Featuring 9 buildings and a total of 164 units, the property boasts 21,600 net rentable square feet (NRSF). With high visibility from I-95 and great access from Rt. 301, this facility is ideally positioned to attract consistent tenant demand. Designed for low maintenance and operational efficiency, this property delivers dependable passive income with minimal oversight. The site is thoughtfully laid out for ease of navigation and efficient management. Even more appealing, there is plenty of space to add additional storage and/or office buildings. The already approved plan actually proposes an office and 2 more storage buildings, providing the opportunity to increase the rentable area by approximately 4,200 SF, which is a valuable upside for investors looking to expand income potential. With a little engineering and locality approval, the future expansion could potentially be optimized for even more rentable square footage. Whether you're expanding your storage portfolio or desiring to enter the market with a strong and stable asset, this property offers the location, infrastructure, and scalability to deliver long-term returns. Don't let this opportunity slip by. Please call today to schedule your private tour!
Summary
Property
Outbuildings
Metal
Road Surface
Blacktop/Asphalt
Property Type
Commercial Land
Road Frontage
State Highway
Approximate Distances
| 2 mi | Jarratt |
| 12 mi | Emporia |
| 30 mi | Petersburg |
| 50 mi | Richmond |
Address 21162 Blue Star Highway Jarratt, VA 23867
View on Google MapsDetails
- 21600 NRSF (net rentable square feet) of mini-storage
- 9 buildings and 164 units existing
- Potential to expand by completing Phase IV of a previously approved site plan
Area Links
Other
Coordinates
36.8337, -77.448
Annual Taxes
$2,448