Listing Summary
SVN and SelfStorageSales.com are pleased to exclusively present the unique acquisition of Greenville Easy Storage, a highly versatile industrial and commercial self-storage facility located in the cultural and economic heart of Greenville, Mississippi.
Full Description
Greenville Easy Storage For Sale | 3341 US-82, Greenville, MS Industrial Property
Investment Overview: High-Upside Value-Add Self-Storage & Multi-Tenant Industrial Opportunity
SVN and SelfStorageSales.com are pleased to exclusively present the unique acquisition of Greenville Easy Storage, a highly versatile industrial and commercial self-storage facility located in the cultural and economic heart of Greenville, Mississippi. Offered at an incredible value-driven price point of $549,999, this 11,540 SF gross building size asset rests on an expansive, high-exposure 2-acre parcel positioned directly on the heavily trafficked US-82 commercial corridor.
Currently operating at a conservative 40% physical occupancy, the property features a brand-new, professional third-party management structure in place. This foundational layout delivers an unprecedented value-add investment opportunity for a savvy buyer to capitalize on aggressive lease-up absorption, optimize current rental rates to true market averages, and instantly build immense equity from day one.
Versatile Property Composition & Triple-Stream Revenue Assets
Unlike a standard, single-focus storage yard, this unique commercial land parcel features three distinct physical structures designed to maximize your monthly cash flow and diversify your investment portfolio:
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Core Self-Storage Footprint: Features 8,700 SF of traditional drive-up storage split into highly demanded residential and commercial unit configurations, offering convenient 24/7 tenant ingress.
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Prime Highway Frontage Retail Space: Includes a prominent 1,500 SF standalone retail building situated directly at the front of the property. This highly visible asset is perfect for a high-traffic commercial lease, a national franchise retail tenant, or a fully built-out on-site management and moving supply headquarters to drive secondary revenue.
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Rear Flex-Industrial Building: Includes an independent 1,100 SF industrial building located at the rear of the property, ideal for local contractor rental bays, specialized automotive workshop space, or premium private commercial inventory storage.
Unprecedented Physical Expansion Land: High-Margin Boat & RV Storage
Beyond the immediate value-add potential of the existing 40% occupied buildings, the true crown jewel of this commercial acquisition is the additional 1.0 full acre of underutilized raw land included in the sale.
Expansion Optimization Capacity: A buyer has a clear, dual-path development horizon to exponentially scale Net Operating Income (NOI), subject to standard town approvals:
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Phase II Storage Expansion: Construct additional drive-up structures to scale the complex up to a massive 400-unit facility.
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Premium Recreational Vehicle Vault: Develop the acre into a secure outdoor storage yard yielding 50 to 70 high-margin RV and boat parking spots.
Because Greenville is entirely surrounded by several world-class recreational bodies of water and major outdoor tourism parks, local demand for premium, secure vehicle winterization and seasonal boat storage is consistently underserved.
Strategic Location & Robust Local Market Demographics
Location and stable workforce economics dictate long-term self-storage valuation, and Greenville’s trade area delivers an insulated, high-converting customer profile:
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High Rent-to-Own Ratio: The immediate submarket features an impressive profile of 38% renter households within a 5-mile radius. Historically, tenant bases with a high percentage of multi-family and single-family rental properties generate the highest, most consistent organic demand for off-site household goods storage.
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Diverse Regional Economic Anchors: Serving as the county seat of Washington County, Greenville boasts a stable municipal population base of roughly 29,000 residents. The local economy is solidly reinforced by major institutional employers, including Delta Health System (the region's leading healthcare network), global building materials manufacturer USG (United States Gypsum Corporation), Delta Health Alliance, and Mississippi Delta Community College.
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The Delta Cultural Catalyst: Internationally celebrated as the historic "birthplace of the blues," Greenville benefits from a robust year-round tourism sector driven by a network of historic museums, cultural festivals, and vibrant downtown development.
Quick Glance
- Listing ID:
CL-Mississippi-27822
- Status:
Active
- Year Build:
N/A
- Building Size:
11,540 SqFt
- Lot Size:
N/A