Drive-Up Self Storage
901 E 10TH STREET Chester, PA 19013
901 E 10TH STREET, Chester, PA, 19013
$675,000
For Sale
$675,000
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 Market13
Property Features for 901 E 10TH STREET
General Information
- Standard status
- Active
- Size
- 8,290 SF
- Lot size
- 0.43 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 2000
Listing Agency
KW Commercial
(267) 713-3669
Listed by
Rodney Ross · License #RS314073
(267) 713-3669
Source
Cummingsrealtors
Added: Jul 7 Checked: Jul 19 at 1:53 am
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
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.
Local Financial Insights For Warehouse
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $49.7k | $6.00 |
| − Vacancy | −$4.3k | −$0.52 |
| EGI | $45.5k | $5.48 |
| − OpEx | −$6.8k | −$0.82 |
| NOI | $38.6k | $4.66 |
8,290 SF · lease $6.00/SF/yr · vacancy 8.60% · expense 15.00%
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 local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Limitless Storage
Storage Facility
Similar For Sale Nearby
FAQs
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.
