8 Northfield Rd, Erving, MA 01344
This exceptional investment opportunity presents a well-established self-storage facility situated on a spacious 2.59-acre lot at 8 Northfield Road (Route 63) in Erving, Massachusetts. Established in 1985, the property comprises five buildings totaling 26,100 square feet and offering a diverse range of 219 storage units. Unit sizes vary to accommodate a wide spectrum of customer needs, ranging from compact 5x5 units to larger 10x30 units. The property's strategic location on a major thoroughfare ensures high visibility and convenient access for customers. The current configuration of the facility has not yet undergone a formal assessment by the Town of Erving. This presents a unique opportunity for a buyer to potentially optimize operations and potentially increase revenue streams. The asking price for this turnkey self-storage business is $3,000,000. This represents a substantial investment in a proven, established business with significant potential for future growth and profitability. The property's size and established customer base make it an attractive proposition for investors seeking a stable and income-generating asset in a desirable location. Serious inquiries are encouraged to explore this exceptional opportunity further.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.