Income Producing Storage Facility on 9.6 Acres Mixed Use Commercial or Residential Unrestricted at Smith Lake Alabama

Highlights:

• Prime Location with High Visibility
• Established Income Stream
• Significant Expansion Potential
• Modern and Secure Facilities
• Robust Security Measures
• Infrastructure Ready for Growth
• Proximity to Amenities
• Versatile Land Use Opportunities
• Exremely Low Property Taxes in Winston County

Description:

Executive Summary

Presenting an exceptional opportunity: a thriving storage facility strategically located near Smith Lake in Arley, Alabama (Winston County). This property encompasses 9.6 acres, with approximately 2 acres already developed, and offers significant potential for expansion. Since its inception in May 2024, the facility has generated a steady income, currently approaching $1,000 per month, with 13 tenants utilizing the space for RVs, boats, and trailers. The remaining 7.6 acres of mostly flat, level terrain provide unrestricted building opportunities for both residential and commercial development.

*Key Investment Highlights*

1. Prime Location with High Visibility
- Approximately 1,000 feet of road frontage ensures maximum exposure.
- All traffic to Wilson Bend passes directly by the facility, enhancing accessibility.
- Situated in the rapidly growing city of Arley, Alabama, with gas stations, shopping centers, and public boat launches just minutes away.

2. Established Income-Generating Operations
- Operational since May 2024, the facility boasts income stream, nearing $1,000 monthly.
- Currently hosting 13 tenants storing RVs, boats, and trailers, with demand consistently increasing.

3. Extensive Expansion Potential
- Total land area of 9.6 acres, with only 2 acres developed, leaving 7.6 acres available for future projects.
- Unrestricted building opportunities allow for diverse residential or commercial developments.
- The flat and level topography simplifies construction and reduces development costs.

4. Modern and Secure Facilities
- Ten covered storage bays, each with 14.5 feet of clearance, totaling 3,600 square feet, designed to accommodate large vehicles.
- Each bay is equipped with individual electrical outlets, catering to tenant needs.
- Enhanced security features include 24/7 surveillance cameras, dusk-to-dawn lighting, an automatic gate opener, and a fully fenced perimeter.

5. Infrastructure Ready for Expansion
- Electrical infrastructure includes two 200-amp panels, totaling 400 amps, supporting additional development without significant upgrades.
- Extremely low taxes and no business licenses required, reducing operational expenses and increasing net profitability.

Market Overview

Smith Lake has experienced substantial growth, with a notable increase in new lake homes and permanent residents. This surge has amplified the demand for storage solutions, particularly for recreational vehicles and boats. The facility's strategic location and existing infrastructure position it to capitalize on this expanding market. Additionally, the rich topsoil of the former pasture land enhances its appeal for potential agricultural or landscaping ventures.

Conclusion

This property offers a unique blend of immediate income generation and vast expansion potential in a prime location. Its modern facilities, coupled with the burgeoning growth of the Smith Lake area, make it an attractive investment for those seeking to enter or expand within the storage industry. With its ready-to-develop land and existing tenant base, investors can anticipate both short-term returns and long-term appreciation.

Disclaimer

This property is offered for sale by the owner, who is a licensed real estate agent in Alabama. No guarantees are made or implied regarding the investment potential or suitability of the property for any specific use. Prospective buyers are encouraged to conduct their own due diligence and consult with appropriate professionals to assess the property's value and potential.