Listing Agency: ParaSell, Inc.

Listed By: Scott Reid · License #201233666 Show Phone

Source: Moodyscre

Added: Sep 30, 2025 Changed: Oct 25 Last Checked: Nov 1 at 8:13AM

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Investment Insights

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This stabilized, cash-flowing self-storage facility features 82 non-climate controlled units, totaling 11,400 net rentable square feet. The facility is located in Philippi, West Virginia, along the Tygart Valley River, within Barbour County. The property sits on a 0.78-acre lot, offering room for a small storage expansion or the addition of outdoor parking rentals. There is an opportunity to increase revenue through rent increases and the implementation of existing customer rent increases. The immediate trade area has limited competition, with a saturation rate of 4.5 SF/capita within five miles of the property. Additional revenue potential exists through maximizing fee income and the implementation of tenant insurance sales. The average household income within three miles of the property is $70,265. Philippi is the county seat of Barbour County, which is home to 15,369 residents.

Key Highlights

• Stabilized, cash‑flowing self‑storage facility.
• Opportunity to increase revenue through rent increases and fee income.
• Limited competition with a low saturation rate of 4.5 SF/capita.

Property Analytics

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Open Analytics

Current Use

Self storage facilities

Location Intelligence

Trade Area within ½ mile

309

Businesses Nearby

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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

Frequently Asked Questions

What type of property is this?

Self storage facility - Stabilized self-storage facility with expansion potential in Philippi, West Virginia.

Where is this self storage facility located?

The property is located at 73 Birch St Philippi, WV.

What is the asking price?

The asking price for this property is $454,000.

What are key features of this property?

This property features: Stabilized, cash‑flowing self‑storage facility.; Opportunity to increase revenue through rent increases and fee income.; Limited competition with a low saturation rate of 4.5 SF/capita.