101 Martinez Dr
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101 Martinez Dr
16,900 SF Speciality Building Offered at £430,815 at a 16.92% Net Initial Yield in Monroe, LA 71203
Investment Highlights
- Newly Renovated
- $1M+ Valuation Upon Stabilization
- Expansion Potential
- Set Up for Automated Operations
- Rents Below Market
- Proximity to Monroe Reginal Airport
Executive Summary
John 14:6 - Jesus said unto him "I am the Way, the Truth, and the Life. No one comes to the Father except through Me".
Calvary Realty is pleased to present Inside The Box Self Storage, a recently renovated facility located at 100 Martinez Drive in
Monroe, Louisiana, within the Monroe Metropolitan Statistical Area, which has a population of over 221,000. Priced at $550,000,
this property spans 16,905 rentable square feet with 156 units, offering a highly competitive price per square foot of $32.53.
Strategically positioned near Highway 89 and Monroe Regional Airport, this facility is easily accessible.
Constructed with durable metal and concrete, this single-story facility was originally built in 1977 and expanded in 2022, reflecting
significant capital improvements that support a streamlined automated operation. Located near Monroe Regional Airport and the
University of Louisiana Monroe, the property benefits from consistent demand and visibility in a high-traffic area, making it a prime location for a variety of tenants. The surrounding community, including the 9th largest city in Louisiana, provides a large customer base, with traffic counts reaching 4,400 vehicles per day.
Inside The Box Self Storage offers substantial value-add potential, with room for future expansion and a previous appraisal of
$970,000. Upon stabilization, the property will be worth above $1M.
This property provides an attractive opportunity for investors looking to acquire a value-add asset with room for growth in a rapidly developing area.
Calvary Realty is pleased to present Inside The Box Self Storage, a recently renovated facility located at 100 Martinez Drive in
Monroe, Louisiana, within the Monroe Metropolitan Statistical Area, which has a population of over 221,000. Priced at $550,000,
this property spans 16,905 rentable square feet with 156 units, offering a highly competitive price per square foot of $32.53.
Strategically positioned near Highway 89 and Monroe Regional Airport, this facility is easily accessible.
Constructed with durable metal and concrete, this single-story facility was originally built in 1977 and expanded in 2022, reflecting
significant capital improvements that support a streamlined automated operation. Located near Monroe Regional Airport and the
University of Louisiana Monroe, the property benefits from consistent demand and visibility in a high-traffic area, making it a prime location for a variety of tenants. The surrounding community, including the 9th largest city in Louisiana, provides a large customer base, with traffic counts reaching 4,400 vehicles per day.
Inside The Box Self Storage offers substantial value-add potential, with room for future expansion and a previous appraisal of
$970,000. Upon stabilization, the property will be worth above $1M.
This property provides an attractive opportunity for investors looking to acquire a value-add asset with room for growth in a rapidly developing area.
Data Room Click Here to Access
- Offering Memorandum
- Operating and Financials
- Title and Insurance
- Miscellaneous
Financial Summary (Pro forma - 2024) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Pro forma - 2024) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | £430,815 | Property Subtype | Self-Storage |
| Price Per SF | £25 | Lot Size | 7.76 AC |
| Sale Type | Investment | Building Size | 16,900 SF |
| Net Initial Yield | 16.92% | Number of Floors | 1 |
| Property Type | Speciality | Year Built/Renovated | 1977/2022 |
| Price | £430,815 |
| Price Per SF | £25 |
| Sale Type | Investment |
| Net Initial Yield | 16.92% |
| Property Type | Speciality |
| Property Subtype | Self-Storage |
| Lot Size | 7.76 AC |
| Building Size | 16,900 SF |
| Number of Floors | 1 |
| Year Built/Renovated | 1977/2022 |
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PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | £1,518 (2023) | |
| Land Assessment | £9,002 (2023) | Total Assessment | £10,520 (2023) |
PROPERTY TAXES
Parcel Numbers
Land Assessment
£9,002 (2023)
Improvements Assessment
£1,518 (2023)
Total Assessment
£10,520 (2023)
zoning
| Zoning Code | Commercial(General) (Commercial) |
| Commercial(General) (Commercial) |
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101 Martinez Dr
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