0 Undisclosed Durham, NC 27704
Exceptional investment opportunity in Durham, NC, presents a thriving self-storage facility currently generating strong income. This property encompasses 27,278 square feet and features 216 individual storage units, perfectly situated within a high-growth market. The facility sits on a substantial 8.58-acre lot, providing significant room for expansion. Currently zoned for industrial use, the existing 4.97 acres are fully utilized, while an additional 3.61 acres offer considerable potential for future development, allowing for a substantial increase in storage capacity. This could potentially double the current unit count, significantly boosting revenue streams. The property's prime location in Durham, NC, ensures easy access and high visibility, contributing to consistently high occupancy rates. This turnkey operation presents a rare chance to acquire a proven income-producing asset with substantial upside potential for long-term growth and profitability. The strong existing cash flow, combined with the significant expansion possibilities, makes this an attractive investment for both seasoned and emerging investors seeking a secure and high-return opportunity in a dynamic market. This is a truly exceptional opportunity to capitalize on the growing demand for self-storage in a thriving North Carolina city. The property is located in Durham, NC, zip code 27704.
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
Similar Nearby for Sale
Similar Nearby for Lease
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.