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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
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

PROPERTY TAXES

Parcel Number
1774.02-88-5588-000
Land Assessment
$1,396,106
Improvements Assessment
$5,341,216
Total Assessment
$6,737,322
  • Listing ID: 34063080

  • Date on Market: 12/3/2024

  • Last Updated:

  • Address: 3416 Nc-97 Hwy, Wendell, NC 27591

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