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3416 Nc-97 Hwy
Wendell, NC 27591
Cornerstone Self Storage · Specialty Property For Sale
·
59,415 SF
Investment Highlights
- Impressive Occupancy: 93.3% Physically Occupied (October 17, 2024)
- Subject Property Street Rate on a 10X10 CC 1st Floor is $135 Versus Local Market AVG of $213
- Strong Income Submarket: Average Household Income - $103,411 (5-Mile Radius)
- Huge management upside on raising street rents to market rates and implementing tenant insurance
- Rapidly Growing Market: 6,589 Future Residential Units in Development Pipeline (5-Mile Radius)
- Facility Expansion Available: Approximately 5,400 NRSF
Property Facts
| Property Type | Specialty | Building Size | 59,415 SF |
| Property Subtype | Self-Storage | No. Stories | 1 |
| Building Class | C | Year Built/Renovated | 1997/2023 |
| Lot Size | 8.60 AC | Cross Streets | Edgemont Rd |
| Zoning | CMX | ||
| Property Type | Specialty |
| Property Subtype | Self-Storage |
| Building Class | C |
| Lot Size | 8.60 AC |
| Building Size | 59,415 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1997/2023 |
| Cross Streets | Edgemont Rd |
| Zoning | CMX |
Amenities
- Signage
Property Taxes
| Parcel Number | 1774.02-88-5630-000 | Improvements Assessment | $5,341,216 |
| Land Assessment | $1,396,106 | Total Assessment | $6,737,322 |
Property Taxes
Parcel Number
1774.02-88-5630-000
Land Assessment
$1,396,106
Improvements Assessment
$5,341,216
Total Assessment
$6,737,322
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