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2419 E 85th St - Palmetto Storage 84,000 SF Specialty Building Offered For Sale in Palmetto, FL 34221



Investment Highlights
- 40 miles southeast of the City of Tampa, 14 miles north of Sarasota, adjacent to US Hwy 41.
- Strong visibility with significant daily traffic.
- Includes 5.589 acres and will be developed by the Fund as self-storage only.
- High-growth Manatee County corridor (Tampa–Sarasota MSA).
Executive Summary
The site is located approximately 40 miles southeast of the City of Tampa, 14 miles north of Sarasota, and adjacent to US Hwy 41, a major north/south thruway. The site has significant visibility from Hwy 41, which, according to FDOT statistics, has a traffic count at the Hwy 41/85th street interchange of 19,800 cars per day. The site includes 5.589 acres and will be developed by the Fund as self-storage only.
Phase 1 of the 84,000-square-foot project will include approximately 45,000 net rentable square feet. The site includes 5.589 acres and will be developed by the Fund as self-storage only. The 45,000 square foot phase 1 of the AAA Storage Hwy 41 self-storage facility began construction in late August 2025 and has made significant progress since the last update. One of the two phase 1 buildings is dried in and is in the final stages of vertical construction. The second building is being framed. Once the second building is dried in, the concrete drives will be framed and poured. The construction team expects to complete construction in Q4 2026 and the property should be operational before the end of the year.
Phase 1 of the 84,000-square-foot project will include approximately 45,000 net rentable square feet. The site includes 5.589 acres and will be developed by the Fund as self-storage only. The 45,000 square foot phase 1 of the AAA Storage Hwy 41 self-storage facility began construction in late August 2025 and has made significant progress since the last update. One of the two phase 1 buildings is dried in and is in the final stages of vertical construction. The second building is being framed. Once the second building is dried in, the concrete drives will be framed and poured. The construction team expects to complete construction in Q4 2026 and the property should be operational before the end of the year.
Property Facts
| Sale Type | Investment | Lot Size | 5.40 AC |
| Property Type | Specialty | Building Size | 84,000 SF |
| Property Subtype | Self-Storage | No. Stories | 1 |
| Building Class | B | Year Built | 1940 |
| Zoning | MU - Mixed Use | ||
| Sale Type | Investment |
| Property Type | Specialty |
| Property Subtype | Self-Storage |
| Building Class | B |
| Lot Size | 5.40 AC |
| Building Size | 84,000 SF |
| No. Stories | 1 |
| Year Built | 1940 |
| Zoning | MU - Mixed Use |
1 1
Somewhat walkable
20/100
Exceptionally drivable
100/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 6387-0050-9 | Improvements Assessment | $61,981 CAD |
| Land Assessment | $681,912 CAD | Total Assessment | $743,893 CAD |
Property Taxes
Parcel Number
6387-0050-9
Land Assessment
$681,912 CAD
Improvements Assessment
$61,981 CAD
Total Assessment
$743,893 CAD
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2419 E 85th St - Palmetto Storage
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