Laurel, Maryland, United States
Laurel, MD, US
Profitable, turn-key vehicle storage facility with real estate included — exceptional cash flow and ownership flexibility.
Current NOI: $25,000 per month after all expenses. Asking price: $5,000,000 (real estate included, real estate value $4,500,000). Limited seller financing available.
Property highlights:
- Two parcels totaling 4 acres located off Route 1 in Maryland — high visibility and convenient access.
- Owned real estate: secure, fully paved outdoor vehicle storage with 176 marked parking/storage slots (units vary: 19x9, 26x9, 30x10 and multiple 8x10 storage units) plus several on-site storage pods and room to add additional pods.
- Current occupancy at capacity with 170 active slots, producing stable, recurring revenue.
- Secure site with gated PIN access (single entrance and exit) and an on-site office.
- Low overhead: currently operated with one full-time employee (who will remain), sellers are retiring and the business is largely absentee-run.
Expansion and upside opportunities:
- Increase rates to market or implement dynamic pricing for turnover.
- Add additional storage pods in unused areas to boost revenue with minimal capital expense.
- Offer ancillary services (detailing, basic maintenance, winterization, vehicle transport) or online booking and automated payment systems to increase margins and scalability.
Why buy:
- Immediate positive cash flow and strong NOI with value tied to owned commercial real estate.
- Minimal owner involvement required; ideal for investors or owner-operators seeking a stable, recession-resistant asset.
- Turn-key transition with existing staff retained for continuity.
Serious inquiries only — this is a rare opportunity to acquire a fully leased, high-demand vehicle storage facility with real estate and clear upside potential.