Share This Listing

Message

939 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

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.

Data Room Click Here to Access

Property Facts

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
Fairly walkable
40/100
Exceptionally drivable
90/100
Somewhat bikeable
30/100

Property Taxes

Property Taxes

Parcel Number
111828
Land Assessment
$98,850
Improvements Assessment
$246,910
Total Assessment
$345,760
  • Listing ID: 42038292

  • Date on Market: 9/3/2026

  • Last Updated:

  • Address: 700 S Linwood Rd, Gastonia, NC 28052

Contact the Sale Advisor

700 S Linwood Rd - Linwood Self Storage

Have an account? Log In

What's your inquiry about?*

Select Option

Select at least one option

Preferred Date*

Preferred date is required

First Name*

Last Name*

Email*

Email address is required

Phone*

Ext (optional)

Company (optional)

Message*

Message is required

{{getContactFormMessageFieldCharacterCount()}} out of 600

New to LoopNet? No problem. We'll automatically create a free account for you. By clicking the button, you agree to LoopNet's Terms of Use and Privacy Notice.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Hmm, there seems to have been an error sending your message. Please refresh the page and try again.

Your message has been sent.
Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}