Self Storage Unit
New
For Sale
$180,000
149 Millwright Court, Mocksville, NC 27028
MULTI_FAMILY - Mocksville, NC
Property Size1,600 SF
Price / SF$112.50
Days on Market3
Property Features for 149 Millwright Court
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
NR
Directions
I-40 towards Mocksville. Take Farmington Rd Exit. Turn towards US Highway 158. Turn right on US Highway 158. Turn left on Milling Rd. Turn right on Mill Run Dr. Left on Millwright Ct. Follow to the back and into the opening on the privacy fence.
Standard status
Active
Size
1,600 SF
Building Details
Year built
2004
Listing Agency:
Southern Signature Properties
(336) 422-7820
Listed By:
Austin Hege · License #296327
(336) 479-1628
Added: Jul 29
Last Checked: Jul 31 at 2:06AM
MLS# 1176749
Copyright © 2026 Triad Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This self storage unit building is offered for sale and includes 18 storage units in total, with fourteen units sized 10' x 10' and four units sized 10' x 5'. A small office is also set up at the front of the building.
The property is located at 149 Millwright Court in Mocksville, North Carolina, in Davie County. The listed zoning is NR.
The building configuration is designed around multiple individual storage bays, supported by on-site office space located at the front for basic administrative needs.
The property is located at 149 Millwright Court in Mocksville, North Carolina, in Davie County. The listed zoning is NR.
The building configuration is designed around multiple individual storage bays, supported by on-site office space located at the front for basic administrative needs.
Key Highlights
- Income‑producing storage unit building built in 2004
- 18 total storage units: fourteen 10' x 10' and four 10' x 5'
- Includes a small office set up at the front of the building
Financial Insights For Self Storage
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $21.1k | $13.20 |
| − Vacancy | −$1.3k | −$0.79 |
| EGI | $19.9k | $12.41 |
| − OpEx | −$6.0k | −$3.72 |
| NOI | $13.9k | $8.69 |
1,600 SF · lease $13.20/SF/yr · vacancy 6.00% · expense 30.00%
Alternative Uses
Best Use
Self Storage
$198.5K
$173.7K – $231.6K
NOI $13,897 @ 7.0% cap · market cap 7.72%
Second Best
Warehouse
$161.0K
$140.9K – $187.9K
NOI $11,273 @ 7.0% cap · market cap 6.26%
Theoretical Best
Multifamily LT 5
$19.03M
$16.65M – $22.21M
NOI $1,332,355 @ 7.0% cap · market cap 740.20%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
107
Businesses Nearby
Explore this area
Business Placement
Demographics for 27028, NC
26,479
Population
11,096
Households
2.4
Avg Household Size
43
Median Age
20%
College-Educated
88%
High-School Grad
192.8 sq mi
ZIP Area
137
Density / Sq Mi
$66,166
Median Household Income
$39,858
Median Earnings
$837
Median Rent
$198,400
Median Home Value
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Self storage facility - Storage unit building with 18 total units and a small front office in Mocksville, NC.
Where is this self storage facility located?
The property is located at 149 Millwright Court Mocksville, NC.
What is the asking price?
The asking price for this property is $180,000.
What are key features of this property?
This property features: Income‑producing storage unit building built in 2004; 18 total storage units: fourteen 10' x 10' and four 10' x 5'; Includes a small office set up at the front of the building
