7660 Nc-87 Graham, NC 27253
- Self storage facilities
- 1.70 lot acres
Current Use by Public Records
- Self storage facilities
Property Details for 7660 Nc-87
- Lot size
- 1.70 lot acres
- Property type
- Self storage facilities
Description
This 1.7-acre fee-simple property in Alamance County, North Carolina (APN 156663), located at 7660 NC-87, Graham, NC 27253, presents a unique opportunity for self-storage development. Priced at $750,000, the site is zoned for self-storage (buyer to verify zoning). An approved stormwater permit, valid until 2031, is included. The seller provides approved civil and architectural plans for two climate-controlled buildings totaling approximately 34,000 net rentable square feet (NRSF). Significant pre-development work is complete, including surveys and environmental reports (copies provided), and structural drawings for the main building. This high-visibility location along S NC 87 Hwy, near the intersection of Old Greensboro Road, sees 3,785 vehicles daily. A new Dollar General is across the highway. The property benefits from Graham's strong population growth (6.9% increase between April 1, 2020, and July 1, 2023) and projected household growth within a five-mile radius (4.4% increase from 2024 to 2029). The site's proximity to downtown Graham and the Chatham Park planned community further enhances its appeal. No climate-controlled self-storage exists within eight miles, creating significant market demand.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Graham
- County
- Alamance
- State
- North Carolina
- Longitude
- -79.3063
- Latitude
- 35.9054
