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700 S Linwood Rd - Linwood Self Storage 12,400 SF Specialty Building Offered at $1,100,000 in Gastonia, NC 28052



Investment Highlights
- Seller Financing Will Be Considered
- 35 minutes outside of Charlotte, NC
- Current Rental Rates More Than 25 Percent Below Market
- Approximately 1.5 Acres Available for Future Expansion
- Near Full Occupancy with Strong In-Place Cash Flow
Executive Summary
Marcus & Millichap is pleased to present the investment opportunity located at 700 Linwood Road in Gastonia, North Carolina. The property features a self-storage facility containing approximately 12,000 net rentable square feet of drive-up storage units. The property is currently 96.75 percent physically occupied, providing investors with strong in-place cash flow and demonstrating the facility's established position within the local market. The facility is equipped with numerous features that improve tenant experience, including a fully fenced perimeter, gated entry system, on-site management office, paved drive aisles, security cameras, and modern management software. These operational improvements provide a turnkey opportunity for a new owner while supporting streamlined day-to-day management and tenant retention. In addition, the property includes approximately 1.5 acres of excess land, creating a valuable expansion opportunity for future ownership to increase rentable square footage and capitalize on growing storage demand. The investment is further enhanced by a seller financing option and a compelling value-add component, as current rental rates are reportedly more than 25 percent below prevailing market rates. Additionally, and there are currently no planned or under-construction self-storage facilities within a five-mile radius, limiting future competitive pressure and supporting long-term occupancy and pricing power. As a result, this self-storage facility offers investors a unique opportunity to acquire a stabilized asset with meaningful value-creation potential.
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Property Facts
| Price | $1,100,000 | Building Class | A |
| Price Per SF | $88.71 | Lot Size | 2.82 AC |
| Sale Type | Investment | Building Size | 12,400 SF |
| Property Type | Specialty | No. Stories | 1 |
| Property Subtype | Self-Storage | Year Built | 1997 |
| Zoning | Business/Commercial | ||
| Price | $1,100,000 |
| Price Per SF | $88.71 |
| Sale Type | Investment |
| Property Type | Specialty |
| Property Subtype | Self-Storage |
| Building Class | A |
| Lot Size | 2.82 AC |
| Building Size | 12,400 SF |
| No. Stories | 1 |
| Year Built | 1997 |
| Zoning | Business/Commercial |
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Fairly walkable
40/100
Exceptionally drivable
90/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 111828 | Improvements Assessment | $246,910 |
| Land Assessment | $98,850 | Total Assessment | $345,760 |
Property Taxes
Parcel Number
111828
Land Assessment
$98,850
Improvements Assessment
$246,910
Total Assessment
$345,760
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700 S Linwood Rd - Linwood Self Storage
