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428 Government Ave
Valparaiso, FL 32580

StoragePUP of Valparaiso · Speciality Property For Sale · 23,799 SF

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Investment Highlights

Robust cash flow offers an investor a strong cash-on-cash return | CASH-ON-CASH RETURN: 8.02%
The site is secured with perimeter fencing & gated entry for enhanced safety and the ability to operate remotely
Facility is equipped with internet-based keypad entry, and comes with an app for easy access, providing customers the ability to rent units and pay t

151 Units | 20,424 Gross Rentable SF | 23,799 Gross Rentable SF (includes parking) | Diversified unit mix & air-conditioned units available
Upside available by stabilizing the occupancy, expansion of relocatable unit business, new on-site development, and ongoing rental rate adjustments
Self-Storage opportunity spanning 1.03 acres, strategically located in an area with a population of 70,132 within 5-miles

Executive Summary

SELLER FINANCING AVAILABLE
CASH-ON-CASH RETURN: 8.02%

PROPERTY FACTS

Sale Type	Investment	Lot Size	1.03 AC
Net Initial Yield	7.25%	Building Size	23,799 SF
Property Type	Speciality	Number of Floors	1
Property Subtype	Self-Storage	Year Built	1988
Building Class	C

Sale Type	Investment
Net Initial Yield	7.25%
Property Type	Speciality
Property Subtype	Self-Storage
Building Class	C
Lot Size	1.03 AC
Building Size	23,799 SF
Number of Floors	1
Year Built	1988

Amenities

Signage

PROPERTY TAXES

Parcel Number	12-1S-23-253E-0022-0050	Improvements Assessment	£316,990
Land Assessment	£226,330	Total Assessment	£543,320

PROPERTY TAXES

Parcel Number

12-1S-23-253E-0022-0050

Land Assessment

£226,330

Improvements Assessment

£316,990

Total Assessment

£543,320

zoning

Zoning Code	I-1 (Industrial)
I-1 (Industrial)

Listing ID: 34408629
Date on Market: 08/01/2025
Last Updated:
Address: 428 Government Ave, Valparaiso, FL 32580

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