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3337 N Hwy 14 - Blue Ridge Storage 25,800 SF Specialty Building Offered at $3,300,000 at a 4.89% Cap Rate in Greer, SC 29651
Investment Highlights
- 93% physical occupancy across 209 units and ±25,800 NRSF, offering stable in-place cash flow.
- No self-storage facilities in the development pipeline within a 3-mile radius per TractIQ.
- Over $530 million in residential development within a 5-mile radius drives future growth.
- Includes 5.89 acres of vacant land for immediate expansion or development upside.
- High average household incomes of $94,000 (1-mile) and $90,000 (3-mile) support strong demand.
- Limited climate-controlled competition provides opportunity to add premium units.
Executive Summary
Kyle Matthews
Matthews Real Estate Investment Services, Inc
License # 22684, 105710 (SC)
1600 West End Ave, Ste. 1500 Nashville, TN 37203
(866) 889-0550
Matthews Real Estate Investment Services, Inc
License # 22684, 105710 (SC)
1600 West End Ave, Ste. 1500 Nashville, TN 37203
(866) 889-0550
Property Facts Under Contract
| Price | $3,300,000 | Building Class | C |
| Price Per SF | $127.91 | Lot Size | 8.89 AC |
| Sale Type | Investment | Building Size | 25,800 SF |
| Cap Rate | 4.89% | No. Stories | 1 |
| Property Type | Specialty | Year Built | 2008 |
| Property Subtype | Self-Storage | Parking Ratio | 1.36/1,000 SF |
| Zoning | UNZONED | ||
| Price | $3,300,000 |
| Price Per SF | $127.91 |
| Sale Type | Investment |
| Cap Rate | 4.89% |
| Property Type | Specialty |
| Property Subtype | Self-Storage |
| Building Class | C |
| Lot Size | 8.89 AC |
| Building Size | 25,800 SF |
| No. Stories | 1 |
| Year Built | 2008 |
| Parking Ratio | 1.36/1,000 SF |
| Zoning | UNZONED |
Amenities
- Controlled Access
Not walkable
10/100
Exceptionally drivable
100/100
Not bikeable
10/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $64,300 | |
| Land Assessment | $31,300 | Total Assessment | $95,600 |
Property Taxes
Parcel Numbers
Land Assessment
$31,300
Improvements Assessment
$64,300
Total Assessment
$95,600
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3337 N Hwy 14 - Blue Ridge Storage
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