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Property profile & analytics
FOR SALE
Self storage facilities

2313 W Front St Statesville, NC 28677

Built 1997
Property ID
US53-Q018000
Property summary
AI-generated overview

Exceptional commercial property with strong value-add potential. Zoned LI which covers many different types of businesses, including manufacturing. Close proximity to I40 and I77. 4.43 acres of land with two +/ - 7,500 sq ft warehouses. Additional land on-site perfect for additional buildings/outdoor storage. Ample parking. There are 15 - 10x10 storage units and 30 - 5x10 storage units that creates a sturdy investment opportunity. Proforma income on the storage units alone is $3k month. Each warehouse has built out office space that’s heated and cooled. Both buildings have a men's and women's restroom and break room. Loading dock on each building with 2 roll up doors on each. Good clear height in the warehouses. Building #2 has been completely renovated from the office space and kitchen to the showroom. There is ample opportunity here for an investor only or for an owner-operator that wants to occupy space and lease the additional space. Owner financing potentially available with agreeable down payment and terms.

Property profile
Verified
Property type Self storage facilities
Year built 1997
UPID US53-Q018000
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Westside Twins Motorcycle Company Auto Repair Shop Motorcycle Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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