Coastal Storage Group sells Davenport self-storage development site
News provided byCoastal Storage Group · 1 min read
Davenport, Florida, Coastal Storage Group, a key player in the self-storage market, announced the successful sale of the Davenport Self-Storage Development Site on September 3, 2026. The development site, covering 3.24 acres, is strategically located in Davenport, a rapidly growing community in Central Florida. Situated directly in front of Walmart and Amazon distribution centers, the site is surrounded by major national retailers such as Target, Chick-fil-A, and BJ's Wholesale Club. The area's prime location, with a daily traffic count exceeding 47,000 vehicles, offers an ideal setting for a self-storage facility.
Davenport, known for its annual population growth rate of about 9.5%, continues to attract significant investment interest. Josh Koerner, President of Coastal Storage Group, expressed satisfaction with the transaction, stating, "This development site represents an outstanding opportunity in one of Florida's most dynamic growth markets. With strong traffic counts and exceptional retail adjacency, Davenport is poised for continued success."
Coastal Storage Group, which rebranded from Weaver Realty in January 2024, has been serving the self-storage industry as an affiliate of Argus Self Storage Advisors since 1999. Argus Self Storage Advisors, based in Denver, Colorado, has been the leading self-storage brokerage network in the United States since its formation in 1994. The company now boasts 36 broker affiliates covering nearly 40 markets, offering comprehensive services to self-storage investors and owners.
Koerner continued, "We are proud to have facilitated this smooth and successful closing. The site's prime location within a thriving commercial corridor provides a compelling opportunity to serve the area's growing residential and commercial populations."
The sale of the Davenport Self-Storage Development Site underscores the ongoing demand for self-storage facilities in rapidly expanding markets. As Davenport continues to attract significant investment, Coastal Storage Group looks forward to contributing to the area's growth through its expertise in the self-storage industry.