Self Storage Development Site - Graham, NC
43,750 SF Specialty Building Offered at $750,000 in Graham, NC 27253
For Sale
Active
- Date Added:
- September 16, 2024
- Days on Market:
- 2 days
Asking Price $750,000
- Property Type
-
Specialty
- Square Feet
- 43,750 SF
- Price / Square Foot
- $17
Listing Contacts
Hal Tanner III
Verified Profile
- Property Info
Property Overview
This prime development site is zoned for self storage and includes an approved stormwater permit good through 2031. With no climate storage offered within eight miles of the site, the owner will provide approved civil and architectural plans for two climate controlled
buildings with approximately 34,000 +/- NRSF. The seller has completed much of the work and made investments necessary to start the construction of a new facility, reducing the time and money associated with the pre-development stage for a new owner.
The 1.7 +/- acres is situated along S NC 87 Hwy and near the signaled intersection of Old Greensboro Road, maximizing exposure and attracting potential tenants from the 3,785 vehicles that drive by the site each day. A new Dollar General is located across the road.
Graham, NC has experienced very high growth in recent years with a 6.9% population increase between April 1, 2020 and July 1, 2023 (https://www.census.gov/quickfacts/). Additionally, household growth within a five-mile radius of the site is projected to increase 4.4 percent from 2024 to 2029 (Source: ESRI 2024). The site is located just a few miles south of historical downtown Graham and 20 miles north of the Chatham Park planned community that spans over 8,000 acres. With its convenient location, this property is a compelling opportunity for investors seeking to capitalize on the area’s growth and demand for climate controlled self-storage solutions.
buildings with approximately 34,000 +/- NRSF. The seller has completed much of the work and made investments necessary to start the construction of a new facility, reducing the time and money associated with the pre-development stage for a new owner.
The 1.7 +/- acres is situated along S NC 87 Hwy and near the signaled intersection of Old Greensboro Road, maximizing exposure and attracting potential tenants from the 3,785 vehicles that drive by the site each day. A new Dollar General is located across the road.
Graham, NC has experienced very high growth in recent years with a 6.9% population increase between April 1, 2020 and July 1, 2023 (https://www.census.gov/quickfacts/). Additionally, household growth within a five-mile radius of the site is projected to increase 4.4 percent from 2024 to 2029 (Source: ESRI 2024). The site is located just a few miles south of historical downtown Graham and 20 miles north of the Chatham Park planned community that spans over 8,000 acres. With its convenient location, this property is a compelling opportunity for investors seeking to capitalize on the area’s growth and demand for climate controlled self-storage solutions.
Property Details
- Class
- B
- Stories
- 2
- Property Subtype
- Self-Storage
- Lot Size (sq. ft)
- 74,052 SF
Highlights
- Proposed site would be only climate controlled self storage facility within 8 miles
- Growing area
- Great visibility
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