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Self Storage Facility with 110 Units
For Sale
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Pending

2016 Farley Dr, Wilmington, NC 28405

Self storage facility offering 110 units and 9,750 NLSF with 94% physically occupied and 90% economically occupied.

Property Size9,750 SF
Days on Market122

Property Features for 2016 Farley Dr

General Information

Standard status Pending
Size 9,750 SF
Property subtype Self Storage
Occupancy 94%
Listing Agency: Lindsey Self Storage
Listed By: John Lindsey · License #NC
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Aug 10 at 6:39AM

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 Lindsey Self Storage

Investment Insights

Based on property information with market context.

This self storage facility offers 9,750 NLSF of net rentable space and is comprised of 110 storage units. The property is currently reported as 94% physically occupied and 90% economically occupied.

Located in Wilmington, North Carolina, the facility sits in New Hanover County, with a stated population of 100,000+ residents within a 5-mile radius.

Farley Drive Storage is offered for sale, with occupancy levels reflecting current demand for the unit mix on-site.

Key Highlights

  • Self storage facility with 110 units and 9,750 NLSF
  • 94% physically occupied and 90% economically occupied
  • Located in Wilmington, NC (New Hanover County seat)

Property Analytics

Current Use

New River Storage Storage Facility

Suggested Use

Top Pick Real Estate Agency Law Firm Hair Salon Parking Lot & Garage Spa & Massage Center Skin Care Clinic

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

Lease Details

94%
Occupancy

Location Intelligence

Trade Area within ½ mile

246
Businesses Nearby

Demographics for 28405, NC

31,775
Population
17,073
Households
1.9
Avg Household Size
41
Median Age
41%
College-Educated
91%
High-School Grad
23.5 sq mi
ZIP Area
1,352
Density / Sq Mi
$67,809
Median Household Income
$41,265
Median Earnings
$1,405
Median Rent
$337,000
Median Home Value

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
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Frequently Asked Questions

What type of property is this?
Self storage facility - Self storage facility offering 110 units and 9,750 NLSF with 94% physically occupied and 90% economically occupied.
Where is this self storage facility located?
The property is located at 2016 Farley Dr Wilmington, NC.
What are key features of this property?
This property features: Self storage facility with 110 units and 9,750 NLSF; 94% physically occupied and 90% economically occupied; Located in Wilmington, NC (New Hanover County seat)
More about this property
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