Zephyrhills Self Storage Development Site
Zephyrhills, FL
Asking price
$2,100,000
Units
—
Cap rate
—
Price / unit
—
What it would have to earn
This listing does not publish an NOI, so its return cannot be computed. These are the figures it would need to hit at the asking price — a screen to take to the broker, not a claim about the property.
- A 6% cap rate at this asking price
- $126,000
- A 8% cap rate at this asking price
- $168,000
- A 10% cap rate at this asking price
- $210,000
Annual net operating income, before financing. Cap rates vary by asset class and market; these three are a range to screen against, not a market rate for this property.
No listing in self-storage facilities on UnitListed discloses a cap rate, so there is no disclosed range to compare this screen against.
Add financing and run the full numbers →About this property
Argus Self Storage Property Listings Listings Who We Are Find A Broker What We Do News & Research Market Monitor Presentations Industry News Closings Contact Listings Who We Are Find A Broker What We Do News & Research Market Monitor Presentations Industry News Closings Contact Zephyrhills Self Storage Development Site Back to Results NEW Zephyrhills, FL $2,100,000 Self-storage development opportunity in Zephyrhills, Florida, on 4.73-acres, offering the potential to develop a Class A, 3-story facility with up to 143,000 GSF of climate-controlled self-storage. The property benefits from exceptional visibility and accessibility, with more than 1,000 ft of combined frontage at the corner of Chancey Road and Paul S. Buchman Highway (SR 39) and approximately 20,000 AADT. The site is positioned within a high-growth residential market, with more than 60,000 residents in five miles and an average household income of approximately $78,640. More than 670 new homes are currently under development directly across the street, with an additional 6,000+ housing units planned or underway throughout the surrounding market area, supporting continued demand for residential-serving uses. The opportunity also benefits from significant commercial investment and job creation, including major facilities currently under development including MiTek, Tibbetts Lumber new Head Quarters, and Bauducco Foods plant. These investments are expected to further strengthen the area’s employment base and long-term growth trajectory. The site offers meaningful flexibility, with the ability to reduce the self-storage footprint and incorporate a complementary second use such as a retail/outparcel component if the Buyer chooses to mitigate the 1-ac wetland (additional concept plans available). Additionally, the Seller has secured a Master PUD Amendment permitting selfstorage as an approved use, providing greater certainty for a future developer and eliminating the need for additional political approval related to the use. Buyers can move directly into administrative site planning based on their preferred development concept. $2,100,000 View Executive Summary Request Offering Memorandum All fields are required. I am a Principal I am a Broker I accept the Disclaimer . Property Info $2,100,000 143,000 GSF 4.73 Acres Contact Listing Broker Listing Broker Josh Koerner Coastal Storage Group, LLC [phone — unlock to view] Email Listing Broker Carrie Stowell Coastal Storage Group, LLC [phone — unlock to view] Email Stay Connected Contact Us 1-800-55-STORE Contact Us 5460 S. Quebec Street Suite 100 Greenwood Village, CO 80111 [email — unlock to view] Join Argus Interested in becoming an Argus Broker Affiliate? Learn How © 2026 Argus Self Storage Advisors.
All details
Figures are transcribed from the source listing as published. “Source page last checked” is when our crawler last fetched that page — it is not a check of the financials and not confirmation from the broker.
| Asking price | $2,100,000 |
|---|---|
| First seen by UnitListed | Sep 24, 2026 |
| Source page last checked | Sep 24, 2026 |
| Source last changed | Sep 24, 2026 |
Trade area · Pasco, FL
4 of 6 availableContext about the county from the public record — not from the seller, and not a valuation. The seller's own figures are shown separately above and are never mixed with these.
Pasco, FL has 38 lessors of miniwarehouses and self-storage units recorded by Census across 588,758 residents — about 15,494 people per facility.
- Mapped competitors within 10 miles
- 12
- Residents per competing facility
- 15,494
- Renter-occupied housing
- 24.5%
- Median SBA loan approved, this asset class
- —
- SBA loans in this industry that charged off
- —
- FEMA composite risk rating
- Relatively High
OpenStreetMap contributors · current
US Census County Business Patterns + ACS · 2022 · county level
US Census ACS 5-year, table B25003 · 2023 · county level
Only 3 loans recorded — too few to publish a median. The count is shown instead.
SBA 7(a) and 504 FOIA loan disclosures · FY2017-FY2024 · county level
Only 3 loans on record; a default rate over that few is noise.
SBA 7(a) and 504 FOIA loan disclosures · FY2017-FY2024 · county level
FEMA National Risk Index · 2025 · county level
Sources: US Census Bureau (County Business Patterns, American Community Survey), US Small Business Administration 7(a)/504 loan disclosures, FEMA National Risk Index, and © OpenStreetMap contributors. Public records describe a county, not this property.
Before you call the broker
9 things are not disclosed on this listing. These are the questions that would close the gap — specific to a storage facility, not a generic list.
Net operating income — not disclosed
What is the trailing twelve-month NOI, and what does it include and exclude?
The single number a lender will size debt against. Ask what is excluded — management fees and reserves are the usual omissions.
What period the financials cover — not disclosed
Are these figures trailing twelve months, last calendar year, or projected?
A projected stabilised NOI and a current operating NOI can differ by a third, and both get called "NOI".
Gross income and operating expenses — not disclosed
Can you share a trailing twelve-month profit and loss, with the expense lines itemised?
NOI alone hides whether income is high or expenses are being under-reported. The split is what you underwrite.
Reason for sale — not disclosed
Why is the owner selling, and how long have they held it?
Never published on a listing, always worth knowing. Retirement and a looming capital bill are very different situations.
Unit mix and rent roll — not disclosed
Can you provide the current rent roll with unit sizes, quoted rates and actual rates?
Quoted rates and collected rates diverge in storage more than in most assets. The rent roll shows which one the NOI is built on.
Physical vs economic occupancy — not disclosed
What is physical occupancy, and what is economic occupancy?
A facility can be 92% full and still be collecting far less, through concessions and delinquency. Physical occupancy alone flatters the deal.
Climate-controlled share — not disclosed
How many units are climate-controlled, and what is the rate premium?
Climate-controlled space earns more per square foot and costs more to run. The mix changes both sides of the model.
Expansion land and entitlements — not disclosed
Is there expansion land, and has anything been entitled or permitted?
Often the whole thesis in storage. Also the difference between a plan and a permit.
How it is managed today — not disclosed
Is this staffed, remotely managed or unmanned, and does a management contract transfer?
Decides whether the expense line you are shown survives the sale.
Asking price — disclosed
Currency of the asking price — disclosed
What has changed
Every date below is when we observed a change, not when it happened. We first saw this listing on Sep 24, 2026; that is not the same as when it came to market, and we have no way to know the latter.
- Sep 24, 2026First seen by UnitListed
The asking price has not changed across any of our observations.
