Land - Self Storage
Land Offering In Dania Beach
Stirling Road
Dania Beach, FL33004

• Proposed Class "A" Self Storage Site; 1.4491 Acres (MOL)
• Fully Permitted Land , Proposed 75,000 Net Rentable SF
• Over $1,600,000 of Proposed Rental Income
• $10,300,000 Proposed Value at CO
• $12,000,000 Proposed Value at Stabilization
• Developer's Return Over 20%

• Combined Traffic Counts on Stirling and I-95 over 330,000 CPD
• Over 115,000 people and 45,000 households within a 3 Mile Radius

This land offering is located on Stirling Road in Dania Beach, Miami-Dade County, FL. Due to its proposed design the structure will have exposure to I-95.  Listed at $3,000,000, this offering includes approximately 1.4491 acres and 100,000 buildable sf, of which 75% of the gross sf will be net rentable. 

This vacant land opportunity is in an infill location just west of I-95 and is surrounded by great area demographics. Within a three-mile radius of the property, resident counts exceed over 115,000 and over 45,000 households.  Of this group, approximately 35% are renters, which is a healthy indication of a need for self storage.  The subject property will also benefit from high traffic exposure exceeding 330,000 vehicles per day from two major thoroughfares in the area.

At list price, an investor has the opportunity to develop a Class" A" self storage site that is projected to generate over $1,600,000 in effective gross income.  The proposed value of the completed self storage product at C.O. is $10,300,000, and $12,000,000 once it attains stabilization. For detailed construction costs and developer's returns, see Section 3 "Development Analysis." This analysis demostrates how a developer can achieve returns over 20% on their equity when buying the land at list price.