Approved Self-Storage Development
For Sale
$975,000
2744 Augustine Herman Hwy, Chesapeake City, MD 21915
Site-plan approved self-storage development with high market rents in Chesapeake City.
Property Size60,000 SF
Price / SF$16.25
Days on Market195
Property Features for 2744 Augustine Herman Hwy
General Information
Standard status
Active
Size
60,000 SF
Class
A
Property subtype
Office
Building Details
Building Size
60,000 SF
Listing Agency:
National Storage Partners
(914) 489-7909
Listed By:
Hans Hardisty
Source:
Nationalstoragepartners
Added: Jan 27
Changed: Aug 8
Last Checked: Aug 8 at 6:02AM
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 National Storage Partners
Investment Insights
Based on property information with market context.
This site-plan approved project allows for the construction of a self-storage facility with 52,700 net square feet, featuring a mix of climate-controlled and traditional drive-up units. Situated on Augustine Herman Highway, the location benefits from high traffic volume of over 10,000 cars per day. The property is located in a vacation area with high market rents and an average household income exceeding $138,000. The location offers a development opportunity with no competition within a 3-mile radius and 2.5 square feet per person within a 5-mile radius. The gross square footage is 59,950.
Key Highlights
- High Market Rents ensure a strong return on investment.
- Development Opportunity to expand or customize the property.
- No Competition in 3 Miles offering a unique market advantage.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
68
Businesses Nearby
Explore this area
Business Placement
Demographics for 21915, MD
2,981
Population
1,439
Households
2.1
Avg Household Size
49
Median Age
22%
College-Educated
91%
High-School Grad
22.8 sq mi
ZIP Area
131
Density / Sq Mi
$97,794
Median Household Income
$59,485
Median Earnings
$858
Median Rent
$353,200
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 - Site-plan approved self-storage development with high market rents in Chesapeake City.
Where is this self storage facility located?
The property is located at 2744 Augustine Herman Hwy Chesapeake City, MD.
What is the asking price?
The asking price for this property is $975,000.
What are key features of this property?
This property features: High Market Rents ensure a strong return on investment.; Development Opportunity to expand or customize the property.; No Competition in 3 Miles offering a unique market advantage.
