This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
7317 Highway 7
Bismarck, AR 71929
Solid Rock Storage, Bismarck AR - 3 Sites · Speciality Property For Sale · 30,000 SF
Investment Highlights
- Top Rated Storage Facility with 3 Locations in city center. No competition within approximately 5 miles and limited in 10 miles.
- Rates about 30% below market with a proven history of an average 30% annual revenue increase from 2020 to 2022
- Almost 5 acres available for new construction. Approximately 2 acres are cleared and exevated in preperation for more buildings
PROPERTY FACTS
| Property Type | Speciality | Building Size | 30,000 SF |
| Property Subtype | Self-Storage | Number of Floors | 1 |
| Building Class | C | Year Built | 2014 |
| Lot Size | 10.88 AC | Parking Ratio | 0.67/1,000 SF |
| Property Type | Speciality |
| Property Subtype | Self-Storage |
| Building Class | C |
| Lot Size | 10.88 AC |
| Building Size | 30,000 SF |
| Number of Floors | 1 |
| Year Built | 2014 |
| Parking Ratio | 0.67/1,000 SF |
Amenities
- Property Manager on Site
About 7317 Highway 7 , Bismarck, AR 71929
Self-Storage+ For Sale. 3 Sites + 5 Acres Expansion. No Comp/No Zoning + High Income Laundromat/Top Rated in 30+ Miles/5 Miles to State Park 47,950 NRSF Immediate income upsell opportunity with units running 23-38% below area rates. The business has enjoyed an average 30% NOI annual increase from 2020 to 2022. 96% full 298 Units 10.88 Total Acres from 3 facilities all within 1/4 mile of each other and the city center. There are approximately 5 acres available for expansion 2 acres along the busy highway frontage are cleared & excavated ready to build. There are NO ZONING OR PERMIT REQUIREMENTS TO BUILD. There is no competition, nor known planned competition, within almost 5 miles and very limited comp within 10 miles. Buildings are built between 2002 and 2017 with the average built in 2014 On-site manager's residence plus an extra 2-bedroom apartment with a long-term (5+ year), low maintenance, tenant on auto-pay. Top-rated Laundromat provides additional steady revenue https://www.diamondlakeslaundry.com/
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | £159,351 | |
| Land Assessment | £40,822 | Total Assessment | £200,173 |
PROPERTY TAXES
zoning
| Zoning Code | None (There are no zoning or permit requirements) |
| None (There are no zoning or permit requirements) |
