28 Unit Self Storage + 4000sf flex/warehouse 2704-2706 S Main St 9,840 SF Flex Building Concord, NC 28027 $1,350,000 ($137.20/SF) 7.23% Cap Rate
INVESTMENT HIGHLIGHTS
- Multiple Income Streams - Flex/Warehouse building + self storage units
- 28 self storage units (total of 5840sf)
- 4000sf Flex/Warehouse - breaks well into 2 separate suits (currently combined)
- Flex/Warehouse is currently owner occupied
EXECUTIVE SUMMARY
Onsite mini-storage facility with 28 units provides immediate passive income. Ideal for investors or owner-operators looking to offset costs.
Dual Units: Separate commercial spaces perfect for office, retail, or service-based businesses.
High-Traffic Visibility: Exceptional road frontage.
Zoning Advantage: General commercial zoning supports a wide range of business types
Convenient Access: Close proximity to I-85, major retailers, and growing residential communities.
Dual Units: Separate commercial spaces perfect for office, retail, or service-based businesses.
High-Traffic Visibility: Exceptional road frontage.
Zoning Advantage: General commercial zoning supports a wide range of business types
Convenient Access: Close proximity to I-85, major retailers, and growing residential communities.
FINANCIAL SUMMARY (PRO FORMA - 2025) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
PROPERTY FACTS Under Contract
PROPERTY TAXES
| Parcel Number | 5612-84-2141-0000 | Total Assessment | $689,860 (2024) |
| Land Assessment | $128,400 (2024) | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $561,460 (2024) | Tax Year | 2025 Payable 2025 |
