5508 Otters Run Ct | Raleigh, NC 27609
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- LoopNet Team
5508 Otters Run Ct
Raleigh, NC 27609
North Raleigh Personal Storage Industrial · Specialty Property For Sale
·
20,940 SF
INVESTMENT HIGHLIGHTS
- Value-Add Self-Storage Facility Located Just North of Downtown Raleigh
- Fully Secured Site With a 24 Hour Gate Access, Security Cameras and Facility Lighting
- Site Can Be Remotely Managed or Part-Time Managed By an Owner-Operator That Already Has a Presence in the Market
- Significant Upside Available to the Next Buyer Through Increasing Occupancy, Implementing Tenant Insurance Income and Admin/Late Fees and Offering Box
- Existing Parking Can Be Built Over or Used as a Space For Relocatable Units
- There Are More Than 221,471 People Within a 5-Mile Radius of the Property
PROPERTY FACTS
| Property Type | Specialty | Building Size | 20,940 SF |
| Property Subtype | No. Stories | 1 | |
| Building Class | C | Year Built | 1983 |
| Lot Size | 2.44 AC | Parking Ratio | 1.19/1,000 SF |
| Zoning | IND-1 - Industrial | ||
| Property Type | Specialty |
| Property Subtype | |
| Building Class | C |
| Lot Size | 2.44 AC |
| Building Size | 20,940 SF |
| No. Stories | 1 |
| Year Built | 1983 |
| Parking Ratio | 1.19/1,000 SF |
| Zoning | IND-1 - Industrial |
AMENITIES
- Signage
PROPERTY TAXES
| Parcel Number | 1716.08-98-0087-000 | Improvements Assessment | $970,409 |
| Land Assessment | $867,294 | Total Assessment | $1,837,703 |
PROPERTY TAXES
Parcel Number
1716.08-98-0087-000
Land Assessment
$867,294
Improvements Assessment
$970,409
Total Assessment
$1,837,703
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