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8-Property Self-Storage Portfolio
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53 Burton St, Asheville, NC 28806

Self-storage portfolio spanning four states with additional rentable parking space inventory.

Property Size388,346 SF
Days on Market144

Property Features for 53 Burton St

General Information

Standard status Active
Size 388,346 SF
Property subtype Self Storage
Occupancy 86%

Additional Details

Self-Storage Units 3,634

Building Details

Buildings 8
Listing Agency: CBRE - Downtown Los Angeles
Listed By: Nick Walker · License #CA 01827268
Source: Crexi
Added: Apr 11 Changed: Aug 31 Last Checked: Aug 30 at 7:41AM

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 CBRE - Downtown Los Angeles

Investment Insights

Based on property information with market context.

This offering comprises eight self-storage facilities distributed across four states, with a combined 388,346 net rentable square feet and 3,634 storage units. The portfolio also includes 13,160 net rentable square feet dedicated to parking spaces, adding another component to the rentable inventory.

The properties are located primarily along the East Coast. Across the portfolio, physical occupancy was 86% as of January 31, 2022. Market context includes average population growth of 15% over the prior ten years and an average of 32,103 future residential development units within a 5-mile radius of each property. Together, these figures provide operating and surrounding-development data for evaluating the portfolio as a multi-market self-storage holding.

Key Highlights

  • Eight self‑storage properties across 4 states
  • 388,346 net rentable square feet across the portfolio
  • 3,634 total storage units

Property Analytics

Current Use

Go Store It ... Storage Facility RAD BiKeS AVL Discount Store

Suggested Use

Top Pick Law Firm Dental Office HVAC Service Kitchen & Bath Showroom Auto Parts Store Building Supply

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

Lease Details

86%
Occupancy

Location Intelligence

Trade Area within ½ mile

818
Businesses Nearby

Demographics for 28806, NC

44,621
Population
21,185
Households
2.1
Avg Household Size
37
Median Age
45%
College-Educated
91%
High-School Grad
38.1 sq mi
ZIP Area
1,171
Density / Sq Mi
$59,925
Median Household Income
$37,743
Median Earnings
$1,224
Median Rent
$335,800
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 - Self-storage portfolio spanning four states with additional rentable parking space inventory.
Where is this self storage facility located?
The property is located at 53 Burton St Asheville, NC.
What are key features of this property?
This property features: Eight self‑storage properties across 4 states; 388,346 net rentable square feet across the portfolio; 3,634 total storage units
More about this property
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