For Auction

American Mini Storage | Highway 80 Frontage Near I-20

2372 Highway 80 West,
Jackson, MS 39204

Asset Snapshot

Real Estate
Asset Type
Self Storage
Property Type
1979
Year Built
4.38 Acres
Land Area

Investment Highlights

Fenced and Gated Drive-Up Storage Facility
Rows of metal storage buildings sit behind a front office, with drive aisles serving each unit row.
Low 0.23 FAR on 190,793 SF of Land Area
The 43,825 SF of improvements cover a small share of the site, leaving room for added use.
Highway 80 West Frontage Near I-20 / US-49
Gated entry off Highway 80 West, about 0.3 mile from I-20 / US-49, which carries 76,934 VPD.
51,475 Residents Within a Three-Mile Radius
The three-mile ring holds 20,460 households and 48,038 daytime employees to support storage demand.
About Three Miles From Downtown Jackson
Highway 80 and I-20 connect the site to downtown Jackson and the Mississippi State Capitol.
Capital Metro of About 606,200 Residents
State government and UMMC, with about 10,000 employees, anchor jobs in the Jackson metro.

Offering Summary

Brokered by Marcus & Millichap and powered by RealINSIGHT Marketplace, 2372 Highway 80 West in Jackson, Mississippi is American Mini Storage, a single-story self-storage facility totaling approximately 43,825 square feet on a fenced and gated 4.38-acre site in the South Jackson submarket. Built in 1979, the metal-frame facility consists of rows of drive-up storage buildings set behind a front office, with drive aisles running the depth of the long, narrow parcel. At a 0.23 floor area ratio on 190,793 square feet of land, the improvements leave meaningful site area beyond the existing footprint. The offering suits a buyer seeking to take over and reposition a storage facility close to central Jackson, or to pursue an alternate use of the site, subject to municipal approvals. The property fronts Highway 80 West near Ellis Avenue, about 0.3 mile from the I-20 / US-49 interchange, where counts reach 76,934 vehicles per day. Approximately 51,475 residents in 20,460 households and 48,038 daytime employees are located within three miles, and downtown Jackson and the State Capitol are minutes away.

Due Diligence

Location

American Mini Storage fronts Highway 80 West near Ellis Avenue in South Jackson, about 0.3 mile from the I-20 / US-49 interchange and roughly 3 miles from downtown Jackson and the State Capitol. The Jackson Amtrak station is 2.7 miles away and JAN airport is 13.3 miles. About 51,475 residents and 48,038 daytime employees within three miles support local storage demand.

76,934 VPD
I-20 / US-49, about 0.3 mi from site
48,038
Daytime employees within 3 miles
~3 mi
To downtown Jackson and State Capitol

Transaction Managers

Platform Fee

The platform fee for this transaction is the greater of 5.00% or a minimum of $25,000.

How it Works

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Auctioneer

Jeff Martin
c/o Fisher Auction Company Inc.
License: MSAL 1255 

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Auction Opens In
20d 15h 11m 49s
$250,000
Starting Bid
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Bidding Opens
Bidding Closes

Investment Sales Brokers

Thomas Dickinson
Marcus & Millichap
Derek Schuster
Marcus & Millichap
William Davis
Marcus & Millichap
MS License: B-15586

Disclaimers

The information being provided herein is for informational purposes only. No representation or warranty is made as to the accuracy or completeness of any information contained herein, including, without limitation, any information regarding the condition of the Property, the condition of title or Property descriptions. Any documents and/or pictures posted herein or elsewhere on the RealINSIGHT Marketplace (the "Website") are for informational purposes only, and may not represent the current condition of the Property or the condition of the Property at the time of sale. The posting of pictures herein or elsewhere on the Website does not constitute a guarantee that any items represented in the pictures will be present when the buyer takes possession of the Property. You are encouraged to conduct your own due diligence and investigate all matters relating to the Property. It is recommended that you seek independent advice, including legal advice, to perform your due diligence and that you use good faith efforts in determining that the content of all information provided to or obtained by you is accurate.