Expanded Self-Storage
For Sale
Contact for pricing
Pending
7970 Co Rd 24, Fairhope, AL 36532
Multi-format storage property with climate-controlled, non-climate, boat, RV, parking, and shop units.
Property SizeContact for details
Days on Market144
Property Features for 7970 Co Rd 24
General Information
Standard status
Pending
Property subtype
Self Storage
Listing Agency:
Marcus & Millichap - Memphis
Listed By:
Beau Chambliss · License #TN 341897
Source:
Crexi
Added: Apr 11
Changed: Aug 30
Last Checked: Aug 31 at 11:16PM
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 Marcus & Millichap - Memphis
Investment Insights
Based on property information with market context.
Barnwell Storage is an operating self-storage property at 7970 Co Rd 24 in Fairhope, Alabama, with 219 units and 49,650 net rentable square feet. The inventory includes 132 traditional climate and non-climate units, 26 boat and RV units, 46 open parking units, and 15 shop spaces. A recent expansion added approximately 20 percent to the rentable area, with the new units offered for rent beginning in February 2019.
Before the expansion, physical occupancy averaged 92 percent and economic occupancy averaged 87 percent. The property’s traditional units were reported to be in line with market rents, while open parking and boat and RV spaces had room for rent increases. Additional vacant acreage is estimated to support 20,000 to 40,000 more rentable square feet, with potential configurations including boat and RV storage and climate-controlled units.
Before the expansion, physical occupancy averaged 92 percent and economic occupancy averaged 87 percent. The property’s traditional units were reported to be in line with market rents, while open parking and boat and RV spaces had room for rent increases. Additional vacant acreage is estimated to support 20,000 to 40,000 more rentable square feet, with potential configurations including boat and RV storage and climate-controlled units.
Key Highlights
- 219 units across 49,650 net rentable square feet
- Unit mix includes 132 climate and non‑climate units, 26 boat and RV units, 46 open parking units, and 15 shop spaces
- Recent expansion increased net rentable area by approximately 20 percent
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
26
Businesses Nearby
Explore this area
Business Placement
Demographics for 36532, AL
36,918
Population
17,502
Households
2.1
Avg Household Size
48
Median Age
50%
College-Educated
94%
High-School Grad
73.2 sq mi
ZIP Area
504
Density / Sq Mi
$86,026
Median Household Income
$46,129
Median Earnings
$1,374
Median Rent
$395,300
Median Home Value
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Self storage facility - Multi-format storage property with climate-controlled, non-climate, boat, RV, parking, and shop units.
Where is this self storage facility located?
The property is located at 7970 Co Rd 24 Fairhope, AL.
What are key features of this property?
This property features: 219 units across 49,650 net rentable square feet; Unit mix includes 132 climate and non‑climate units, 26 boat and RV units, 46 open parking units, and 15 shop spaces; Recent expansion increased net rentable area by approximately 20 percent
