Need Space Self-Storage

For Sale

2860 Rylan Rd, Hernando, MS 38632

Located just outside the thriving Memphis market, the area surrounding the property at 2860 Rylan Rd, Hernando, MS, 38632 offers a diverse range of attractions and resources for this climate controlled self-storage. This area of Memphis and DeSoto County have been growing for the past 15-20 years and many of the commercial buildings and residential subdivisions were built in the past 10-15 years.Need Space Self-Storage presents an opportunity to acquire a recently built self-storage facility at 2860 Rylan Rd in Hernando, Mississippi. Constructed in 2024, the property includes a 50,000 SF building with 321 units and is currently 48% occupied, offering meaningful upside for an investor seeking lease-up potential and value-add performance. Positioned for operational growth, the facility is designed for self-storage use and benefits from PUD zoning. With its modern construction, substantial unit count, and current occupancy profile, this asset offers a compelling combination of new-build quality and income growth potential for investors focused on special purpose properties.

Key features

  • 50,000 SF GBA
  • Current Occupancy- 48%
  • Self-Storage Facility built in 2024

Building Details

  • For Sale $4,125,000
  • Property Type Other
  • Property Size 50,000 SF
  • Units 321
  • Lot Size 3.12 Acre
  • Additional Rent Price on request
  • Property Tenancy Multi-Tenant
  • Year Built 2024
  • Date Updated Nov 12, 2026
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Contacts

Brian Estes, CCIM, CPM

Estes Bush Real Estate

Location

  • City Hernando, MS
  • Neighborhood Heritage Oaks - Lee's Summit
  • Zip Code 38632
  • Market Memphis
  • Walk score 26/100 Car-Dependent
  • Bike score 32/100 Somewhat Bikeable
Powered by Walk Score ®

Points of Interest

Shell

0.65 miles

Kroger Fuel

0.87 miles

Exxon

5.87 miles

Marathon

6.18 miles

Citgo

8.05 miles

Enterprise

9.66 miles

KFC

0.26 miles

Zaxby's

0.32 miles

Sonic

0.38 miles

Pizza Hut

0.40 miles

Arby's

0.41 miles

The Burger Shop

0.50 miles

Domino's

0.54 miles

Wendy's

0.60 miles

Coleman's BBQ

0.68 miles

Waffle House

0.75 miles

Walmart Supercenter

0.30 miles

Kroger

0.85 miles

Astonville community store

5.20 miles

Tanger Outlets

8.23 miles

Dillard's

9.46 miles

JCPenney

9.70 miles

Marshalls

9.85 miles

Superlo Foods

9.86 miles

Burlington

9.87 miles

Walgreens

0.45 miles

Love Volunteer Fire Department

4.69 miles

Southaven Fire Station 4

9.61 miles

Southaven Police Department

9.61 miles

Listing Summary

  • Property Financials

    2860 Rylan Rd is currently listed for sale at $4,125,000 for a price per square foot of $82.5.

  • Property Details

    2860 Rylan Rd totals 50,000 square feet of Mixed Use space on a lot spanning 3.12 acres. The property was initially built in 2024.

    Tenancy at 2860 Rylan Rd is listed as Multi-Tenant, comprising a total of 321 units.

  • Area Characteristics

    2860 Rylan Rd is located in the Heritage Oaks - Lee's Summit neighborhood.

    In terms of ease of commuting, the area has a walk score of 26, indicating that it is car-dependent.

Contact Brian Estes, CCIM, CPM
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