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Geraci Road

Live Oak Bank Provides $9.35M Construction Loan For Self Storage At 2436 Geraci Ranch Road
FINANCEDSelf Storage

Live Oak Bank Provides $9.35M Construction Loan For Self Storage At 2436 Geraci Ranch Road

Geraci Road

$9,350,000

$115/SF

Building Size

80,850 SF

Asset Type

Self Storage

Closing

Oct 1, 2025

AI

The property asset involved in this context is a self-storage facility located at 2436 Geraci Ranch Road, Lutz, FL 33558, encompassing a total square footage of 85,278. The loan amount associated with this asset is $9,350,000, designated for construction purposes, within the Lutz, FL market.

Summary of transaction details:

The key individuals involved in this transaction include Alex Meshechok and Travis Winston, representing the landlord, and the brokerage team of Tom Sherlock, Britt Taylor, and Ivan Viramontes, who facilitated the deal through Talonvest Capital.

Players

Ivan Viramontes

Talonvest Capital

Broker

$174.5M

vol

9 deals

Broker
Talonvest Capital
Talonvest CapitalBrokerage
Live Oak Bank
Live Oak BankLender

Lutz Self Storage Market Snapshot

Boundary boundary · Self Storage · Loan transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

1.70%

Cash-on-Cash

-0.48%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93