Technical
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Property profile

0 Lewisberry Rd New Cumberland, PA 17070

OFF-MARKET
Self storage facilities
65,000 SF 15 ac lot
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Property summary

AI-generated overview

This exceptional 15-acre property in New Cumberland, Pennsylvania, presents a unique investment opportunity. Priced at $899,900, this vacant, single-story self-storage facility boasts 65,000 square feet of net rentable space, distributed across 107 units. The property features a 14-foot ceiling height, allowing for diverse storage options, including potential RV or boat storage. Located near the intersection of major highways (I-83/I-76/PA-114), this site benefits from excellent visibility and accessibility. Utilities, including water, natural gas, and electricity, are readily available, enabling the development of climate-controlled storage units, a feature currently limited in the area. A 2021 market study supports the viability of this project, indicating strong demand. The property is zoned commercial and includes 100 square feet of air rights. The lot size is 15 acres, offering significant expansion potential. This is a turnkey opportunity for an investor seeking a high-return self-storage venture in a prime location. Detailed plans are available upon request.

Property profile

Verified
Property type Self storage facilities
Total area 65,000 SF
Lot 15 ac (653,400 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Lewisberry Rd New Cumberland, PA 17070
New Cumberland metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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