Drive-Up Self Storage
For Sale
$675,000
901 E 10TH STREET, Chester, PA 19013
Turnkey, stabilized drive-up self-storage facility with 33 storage units and automated remote operations.
Property Size8,290 SF
Lot Size0.43 Acres
Price / SF$81.42
Days on Market99
Property Features for 901 E 10TH STREET
General Information
Standard status
Active
Size
8,290 SF
Total Parking Spaces
3
Lot size
0.43 Acres
Property subtype
Commercial
Occupancy
97%
Financials
Cap Rate
8.7%
Business Included
Yes
Site & Location
Highway Access
Yes
Fenced Yard
Yes
Building Details
Year Built
2000
Tenancy
Multi
Listing Agency:
KW Commercial
(215) 664-1091
Listed By:
Rodney Ross · License #RS314073
(267) 713-3669
Source:
Cummingsrealtors
Added: Jul 12
Changed: Oct 16
Last Checked: Oct 16 at 9:37AM
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 KW Commercial
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This stabilized, turnkey drive-up self-storage facility totals approximately 8,290 square feet on a 0.43-acre lot and offers 33 rentable storage units plus 3 parking spots. The layout provides all drive-up access across a wide, paved center aisle, with primarily single-story storage bays originally built as roughly 50 individual bays. The unit mix includes compact units up to a large 51' x 20' (1,020 SF) drive-in unit, along with five shipping container units fitted with roll-up storage doors. One combined unit includes its own separate electric panel and can serve as an on-site office.
The facility is gated, fenced, and monitored by 24/7 video recording, and it is run remotely using cloud-based storage-management software. Tenants pay online or by ACH, and the operation is described as having no on-site employees. The property has a reported occupancy of approximately 97%.
The seller is open to continuing management after closing if preferred. The current unit configuration includes some units leased in pairs/groups, and the property is described as having in-place rents roughly 18% below the facility’s own standard rates.
The facility is gated, fenced, and monitored by 24/7 video recording, and it is run remotely using cloud-based storage-management software. Tenants pay online or by ACH, and the operation is described as having no on-site employees. The property has a reported occupancy of approximately 97%.
The seller is open to continuing management after closing if preferred. The current unit configuration includes some units leased in pairs/groups, and the property is described as having in-place rents roughly 18% below the facility’s own standard rates.
Key Highlights
- Drive‑up self‑storage facility built in 2000 with approximately 8,290 SF on a 0.43‑acre lot (84' x 223').
- 33 rentable storage units plus 3 parking spots, originally built as roughly 50 individual bays.
- Unit mix includes 8'x10' compact units through a large 51'x20' (1,020 SF) drive‑in unit, plus 5 shipping container units with roll‑up doors.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$38,643
Cap Rate
5.72%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$772,860
$772.9K
Cap Rate 7%
$552,043
$552.0K
Cap Rate 9%
$429,367
$429.4K
Market Conditions
NOI Build-Up for 8,290 SF
Gross rent
$49.7K $6.00/SF
− Vacancy
−$4.3K −$0.52/SF
EGI
$45.5K $5.48/SF
− OpEx
−$6.8K −$0.82/SF
NOI
$38.6K $4.66/SF
Area
Delaware County, PA
Vacancy
8.60%
Lease Rate
$6.00 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$772,860
Cap Rate 7%
$552,043
Cap Rate 9%
$429,367
Alternative Uses
Best Use
Self Storage
$1.11M
$973.5K – $1.30M
NOI $77,881 @ 7.0% cap · market cap 11.54%
Second Best
Warehouse
$552.0K
$483.0K – $644.1K
NOI $38,643 @ 7.0% cap · market cap 5.72%
Theoretical Best
Office A
$2.51M
$2.20M – $2.93M
NOI $175,941 @ 7.0% cap · market cap 26.07%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
97%
Occupancy
Multi-tenant
Tenancy
Turnkey business
Opportunity
Yes
Fenced yard
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
566
Businesses Nearby
Explore this area
Business Placement
Demographics for 19013, PA
34,252
Population
15,664
Households
2.2
Avg Household Size
34
Median Age
13%
College-Educated
86%
High-School Grad
5.6 sq mi
ZIP Area
6,116
Density / Sq Mi
$39,416
Median Household Income
$31,668
Median Earnings
$1,083
Median Rent
$85,200
Median Home Value
Market
Vacancy Rate% for Industrial in Northeast region
Frequently Asked Questions
What type of property is this?
Self storage facility - Turnkey, stabilized drive-up self-storage facility with 33 storage units and automated remote operations.
Where is this self storage facility located?
The property is located at 901 E 10TH STREET Chester, PA.
What is the asking price?
The asking price for this property is $675,000.
What are key features of this property?
This property features: Drive‑up self‑storage facility built in 2000 with approximately 8,290 SF on a 0.43‑acre lot (84' x 223').; 33 rentable storage units plus 3 parking spots, originally built as roughly 50 individual bays.; Unit mix includes 8'x10' compact units through a large 51'x20' (1,020 SF) drive‑in unit, plus 5 shipping container units with roll‑up doors.
