2744 Augustine Herman Hwy, Chesapeake City, MD 21915

Building Details

Building Size 60,000 SF More

Listing Agency: National Storage Partners

Listed By: Hans Hardisty Show Phone

Source: Nationalstoragepartners

Added: Jan 27 Changed: Nov 2 Last Checked: Nov 12 at 6:56AM

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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

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Open Analytics

Current Use

Dollar General Discount Store Western Union Bank FedEx OnSite Postal Service

Suggested Use

Top Pick Auto Repair Shop Storage Facility Big Box & Wholesale Store Grocery & Convenience Store (Bike/Boat/Book/etc) Store Cafe & Coffee Shop

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

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

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 - 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.