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    1239 Kenric Rd Lumberton, NC 28360

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    For Sale
    $1,015,000

    Cash-flowing self-storage facility with expansion potential in Lumberton, NC.

    Property size:
    11,200 SF
    Lot size:
    10.00 Acres

    Property Features for 1239 Kenric Rd

    General Information

    Size
    11,200 SF
    Lot size
    10.00 Acres

    Source: Franklin Street | Charlotte Agent Josh Snead

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Self-Storage Facility with Expansion Potential

    This cash-flowing self-storage facility features 95 non-climate controlled units, totaling 11,200 net rentable square feet, and 23 outdoor parking rentals. The facility sits on a 5.03-acre lot, offering ample room for future expansion. Strong occupancy trends and successful lease-up have been observed since the beginning of 2025. There is an opportunity to increase revenue through stabilization and the implementation of existing customer rent increases, as well as maximizing fee income and mandating tenant insurance sales. Limited competition exists in the immediate trade area, with just one other storage facility within five miles. Lumberton is located in Southeastern North Carolina, approximately 30 miles south of Fayetteville. The Lumberton MSA is part of the larger Fayetteville-Lumberton-Pinehurst Combined Statistical Area, which is the 4th largest in North Carolina and home to 693,299 residents.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    95 Storage and RV Self-Storage Facility

    Suggested Use

    Wholesale Shop Auto Repair Shop Department Store Accounting Firm Storage Facility Home Appliance Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lumberton
    County
    Robeson
    State
    North Carolina
    Longitude
    -79.0852858
    Latitude
    34.6107984

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    FAQs

    What type of property is this?
    Self storage facility - Cash-flowing self-storage facility with expansion potential in Lumberton, NC.
    Where is this self storage facility located?
    The property is located at 1239 Kenric Rd Lumberton, NC.
    What is the asking price?
    The asking price for this property is $1,015,000.
    What are key features of this property?
    This property features: - Strong occupancy trends and successful lease-up since the beginning of 2025.; - Opportunity to increase revenue through stabilization and the implementation of existing customer rent increases.; - Limited competition in the immediate trade area, with just one other storage facility within five miles.
    (704) 593-6401
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    Lumberton, NC 28360
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

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    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1239 Kenric Rd Lumberton, NC 28360
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