New Self-Storage Facility with Drive-Up
For Sale
$1,295,000
5102 Barbecue Church Rd, Sanford, NC 27332
Two-building facility with automated operations, controlled entry, surveillance, online reservations, and direct vehicle access to units.
Property Size9,000 SF
Price / SF$143.89
Days on Market172
Property Features for 5102 Barbecue Church Rd
General Information
Standard status
Active
Size
9,000 SF
Property subtype
Commercial
Additional Details
Self-Storage Units
60
Amenities
Secure access codes
24-hour digital surveillance
online reservations
drive-up access
Building Details
Year Built
2023
Buildings
2
Listing Agency:
RE/MAX Choice
Listed By:
Leslie Dysinger · License #279613
(573) 433-0166
Source:
Coastalrealtyassociates
Added: Apr 28
Changed: Oct 1
Last Checked: Oct 14 at 11:47PM
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 RE/MAX Choice
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.
Built in 2023, this self-storage property includes two buildings totaling 9,000 SF and 60 fully automated units on just over an acre. The unit mix comprises 20 10x15 units, 20 10x10 units, and 20 10x20 units, providing multiple storage configurations within the facility.
Operational features include secure access codes, 24-hour digital surveillance, online reservations, and drive-up access. The property is located at 5102 Barbecue Church Rd in Sanford, NC. A total of 26 units are already rented, while the automated systems support day-to-day facility operations.
Operational features include secure access codes, 24-hour digital surveillance, online reservations, and drive-up access. The property is located at 5102 Barbecue Church Rd in Sanford, NC. A total of 26 units are already rented, while the automated systems support day-to-day facility operations.
Key Highlights
- Built in 2023 with 60 fully automated storage units
- Two buildings totaling 9,000 SF on just over an acre
- Unit mix includes 20 10x15, 20 10x10, and 20 10x20 units
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$82,703
Cap Rate
6.39%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,654,060
$1.7M
Cap Rate 7%
$1,181,471
$1.2M
Cap Rate 9%
$918,922
$918.9K
Market Conditions
NOI Build-Up for 9,000 SF
Gross rent
$126.4K $14.04/SF
− Vacancy
−$8.2K −$0.91/SF
EGI
$118.1K $13.13/SF
− OpEx
−$35.4K −$3.94/SF
NOI
$82.7K $9.19/SF
Area
Lee County, NC
Vacancy
6.50%
Lease Rate
$14.04 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,654,060
Cap Rate 7%
$1,181,471
Cap Rate 9%
$918,922
Alternative Uses
Best Use
Self Storage
$1.18M
$1.03M – $1.38M
NOI $82,703 @ 7.0% cap · market cap 6.39%
Second Best
Warehouse
$827.9K
$724.4K – $965.9K
NOI $57,952 @ 7.0% cap · market cap 4.48%
Theoretical Best
Office A
$2.19M
$1.91M – $2.55M
NOI $153,187 @ 7.0% cap · market cap 11.83%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
36
Businesses Nearby
Explore this area
Business Placement
Demographics for 27332, NC
36,020
Population
13,895
Households
2.6
Avg Household Size
38
Median Age
23%
College-Educated
87%
High-School Grad
107.1 sq mi
ZIP Area
336
Density / Sq Mi
$73,075
Median Household Income
$38,310
Median Earnings
$1,086
Median Rent
$224,000
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 - Two-building facility with automated operations, controlled entry, surveillance, online reservations, and direct vehicle access to units.
Where is this self storage facility located?
The property is located at 5102 Barbecue Church Rd Sanford, NC.
What is the asking price?
The asking price for this property is $1,295,000.
What are key features of this property?
This property features: Built in 2023 with 60 fully automated storage units; Two buildings totaling 9,000 SF on just over an acre; Unit mix includes 20 10x15, 20 10x10, and 20 10x20 units
