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StoragePUP – Valparaiso
428 Government Ave, Valparaiso, Florida 32580
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Property Info
Price: $875,000
Units: 151
Year Built: 1988/2000
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Download Marketing Package
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Broker Contact Info
Nathan Coe
614.360.9801
Nathan.Coe@marcusmillichap.com
Opportunity
The Market
Investment
Map
Valparaiso, Florida Self-Storage Offering
POPULATION
In 2024, the population in your selected geography is 30,230. The population has changed by 19.08 percent since 2010. It is estimated that the population in your area will be 31,209 five years from now, which represents a change of 3.2 percent from the current year. The current population is 48.8 percent male and 51.2 percent female. The median age of the population in your area is 39.0, compared with the U.S. average, which is 39.0. The population density in your area is 385 people per square mile.
HOUSEHOLDS
There are currently 11,992 households in your selected geography. The number of households has changed by 19.13 percent since 2010. It is estimated that the number of households in your area will be 12,432 five years from now, which represents a change of 3.7 percent from the current year. The average household size in your area is 2.5 people.
INCOME
In 2024, the median household income for your selected geography is $103,459, compared with the U.S. average, which is currently $76,141.The median household income for your area has changed by 73.86 percent since 2010. It is estimated that the median household income in your area will be $111,867 five years from now, which represents a change of 8.1 percent from the current year.
The current year per capita income in your area is $48,925, compared with the U.S. average, which is $40,471. The current year’s average household income in your area is $122,868, compared with the U.S. average, which is $101,307.
EMPLOYMENT
In 2024, 13,671 people in your selected area were employed. The 2010 Census revealed that 67.4 percent of employees are in white-collar occupations in this geography, and 11.6 percent are in blue-collar occupations. In 2024, unemployment in this area was 2.0 percent. In 2010, the average time traveled to work was 23.00 minutes.
HOUSING
The median housing value in your area was $419,761 in 2024, compared with the U.S. median of $321,016. In 2010, there were 6,897.00 owner-occupied housing units and 3,167.00 renter-occupied housing units in your area.
EDUCATION
The selected area in 2024 had a lower level of educational attainment when compared with the U.S averages. 36.7 percent of the selected area’s residents had earned a graduate degree compared with the national average of only 13.5 percent, and 12.1 percent completed a bachelor’s degree, compared with the national average of 21.1 percent.
The number of area residents with an associate degree was higher than the nation’s at 15.1 percent vs. 8.8 percent, respectively.
The area had fewer high-school graduates, 1.1 percent vs. 26.2 percent for the nation, but the percentage of residents who completed some college is higher than the average for the nation, at 30.6 percent in the selected area compared with the 19.7 percent in the U.S.
• Valparaiso, Florida Self-Storage Offering
• Located About 20 Miles North of Destin, Florida
• 20,424 Net Rentable Square Feet
• 93 Non-Climate Units, 32 Climate-Controlled Pod Units, 16 Non-Climate Pod Units, and 10 Outdoor Parking Spaces
• Affluent Market: Average Household Income Within Three and Five Miles is Above the National Average
• Average HHI: 1-Mile: $100,225 | 3-Mile: $104,648 | 5-Miles: $122,868
• Growing Surrounding Population: 19% Increase Since 2010 Within a Five-Mile Radius
