Property profile

2081 Caratoke Hwy Moyock, NC 27958

OFF-MARKET
Self storage facilities
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Property summary

AI-generated overview

The Hatcher Group of Marcus & Millichap is pleased to exclusively offer for sale Sligo Mini-Storage located at 2081 Caratoke Highway in Moyock, North Carolina. The facility features 21 climate-controlled units and 85 non-climate controlled units, totaling 14,900 net rentable square feet. They also offer 28 parking spaces. The facility sits on 8.75 acres of land and has room for expansion. Sligo Mini-Storage is currently 100% physically occupied and has a wait list. The facility was built in 2005 and there is room to expand. The County approved one additional building to be constructed that can be the same size as the current buildings. This can add approximately 50 more units. Site plans would need to be submitted for final approval before construction. The facility is located on a main highway and currently has a median household income of $74,407 within a five-mile radius, which is well above the U.S. national average. The population within a five-mile radius is expected to grow 10.24% within the next five years. Sligo Mini-Storage is being offered for $975,000 or $65.44 per rentable square foot.

Property profile

Verified
Property type Self storage facilities

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Storage Facility
  • Storage Facility

Location

2081 Caratoke Hwy Moyock, NC 27958
Moyock metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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