Listed By: Alice Fitzsimons

Source: Cbcworldwide

Added: Sep 10, 2025 Changed: Sep 25 Last Checked: Oct 7 at 8:37AM

Report an Issue

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Alice Fitzsimons

Investment Insights

Based on property information with market context.

This property, priced at $975,000, presents an investment opportunity in an undersaturated market. Situated on 2.59 acres, the project includes plans for 282 climate-controlled units and 40 non-climate-controlled units, totaling 35,500 net rentable square feet. The facility is positioned to benefit from an affluent and growing population.

Key Highlights

• Investment opportunity in an undersaturated market.
• Plans for 282 climate‑controlled units and 40 non‑climate‑controlled units.
• Total of 35,500 net rentable square feet.

Property Analytics

Unlock full access to Insights Subscribe to Realmo Intelligence

Open Analytics

Current Use

Self storage facilities

Suggested Use

Top Pick Real Estate Agency Restaurant Auto Repair Shop Big Box & Wholesale Store HVAC Service Building Supply

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

31

Businesses Nearby

Explore this area Business Placement

Demographics for 06482, CT

10,884

Population

4,388

Households

2.5

Avg Household Size

45

Median Age

58%

College-Educated

97%

High-School Grad

20.2 sq mi

ZIP Area

539

Density / Sq Mi

$144,387

Median Household Income

$65,445

Median Earnings

$1,871

Median Rent

$465,400

Median Home Value

Market

Vacancy Rate% for Industrial in Northeast region

5.4% 2019

4.6% 2020

3.2% 2021

3.3% 2022

5.3% 2023

6.6% 2024

7.6% 2025

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this self storage facilities located? What is the asking price? Find similar properties What are key features of this property?

Similar For Sale Nearby

16 Beaver St

16 Beaver St, Newtown, CT 06470

$3,995,000

1,000 SF

View details

Air-Conditioned Flex Research Facility

31 Pecks Lane, Newtown, CT 06470

Contact for pricing

134,165 SF

View details

Five-Unit Multifamily Investment

34 West Street, Newtown, CT 06470

$1,300,000

4,462 SF

View details

Finished Office Unit

87 S Main Street, Newtown, CT 06470

$60,000

567 SF

View details

Office Building with Generator

17 Berkshire Rd, Newtown, CT 06482

Contact for pricing

7,500 SF

View details

Church Property with Commercial Flexibility

174 Mount Pleasant Rd, Newtown, CT 06470

Contact for pricing

13,860 SF

View details

Former Municipal Office Building

3 Main Street, Newtown, CT 06470

Contact for pricing

18,528 SF

View details

Frequently Asked Questions

What type of property is this?

Self storage facility - Development opportunity with plans for climate and non-climate controlled units.

Where is this self storage facility located?

The property is located at 8 Turnberry Lane Newtown, CT.

What is the asking price?

The asking price for this property is $975,000.

What are key features of this property?

This property features: Investment opportunity in an undersaturated market.; Plans for **282 climate‑controlled units** and 40 non‑climate‑controlled units.; Total of **35,500 net rentable square feet.**