251-Unit Self-Storage
144 BW Thomas Dr, Fort Mill, SC 29708
For Sale
Contact for pricing
Pending
Self-storage property includes dedicated outdoor parking spaces.
Property Size32,565 SF
Days on Market106
Property Features for 144 BW Thomas Dr
General Information
Standard status
Size
Total Parking Spaces
Property subtype
Occupancy
Investment Type
Net Operating Income
Additional Details
Self-Storage Units
Building Details
Year Built
Year Renovated
Buildings
Stories
Units
Tenancy
Listing Agency:
Franklin Street Tampa
Listed By:
Frank DeSalvo · License #FL
Source:
Crexi
Added: Jul 27
Changed: Nov 9
Last Checked: Nov 8 at 7:07AM
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 Franklin Street Tampa
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This self-storage facility contains 32,565 square feet and was constructed in 1998. The property includes 251 storage units along with 231 outdoor parking spaces, providing both enclosed storage and exterior parking capacity.
Located at 144 BW Thomas Dr in Fort Mill, South Carolina, the property is positioned within the 29708 ZIP code and is offered for sale.
Located at 144 BW Thomas Dr in Fort Mill, South Carolina, the property is positioned within the 29708 ZIP code and is offered for sale.
Key Highlights
- 251 storage units
- 231 outdoor parking spaces
- 32,565 square feet
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$353,770
Cap Rate
6.87%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$7,075,400
$7.1M
Cap Rate 7%
$5,053,857
$5.1M
Cap Rate 9%
$3,930,778
$3.9M
Market Conditions
NOI Build-Up for 32,565 SF
Gross rent
$465.0K $14.28/SF
− Vacancy
−$48.8K −$1.50/SF
EGI
$416.2K $12.78/SF
− OpEx
−$62.4K −$1.92/SF
NOI
$353.8K $10.86/SF
Area
York County, SC
Vacancy
10.50%
Lease Rate
$14.28 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$7,075,400
Cap Rate 7%
$5,053,857
Cap Rate 9%
$3,930,778
Alternative Uses
Best Use
Warehouse
$5.05M
$4.42M – $5.90M
NOI $353,770 @ 7.0% cap · market cap 6.87%
Second Best
Self Storage
$4.00M
$3.50M – $4.66M
NOI $279,838 @ 7.0% cap · market cap 5.43%
Theoretical Best
Office A
$7.66M
$6.70M – $8.93M
NOI $536,059 @ 7.0% cap · market cap 10.41%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
146
Businesses Nearby
Explore this area
Business Placement
Demographics for 29708, SC
40,227
Population
16,296
Households
2.5
Avg Household Size
38
Median Age
60%
College-Educated
97%
High-School Grad
19.0 sq mi
ZIP Area
2,117
Density / Sq Mi
$129,304
Median Household Income
$65,927
Median Earnings
$1,588
Median Rent
$479,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in South region
Frequently Asked Questions
What type of property is this?
Self storage facility - Self-storage property includes dedicated outdoor parking spaces.
Where is this self storage facility located?
The property is located at 144 BW Thomas Dr Fort Mill, SC.
What is the asking price?
The asking price for this property is $5,150,000.
What are key features of this property?
This property features: 251 storage units; 231 outdoor parking spaces; 32,565 square feet
