400 Mccotter Blvd Havelock, NC 28532-3220
- Warehouses
- 9,600 SF
- 3.50 lot acres
Jun 29, 2022
Current Use by Public Records
- FreeUp Storage Havelock / Moving Supply Store / Records Storage Facility
Property Details for 400 Mccotter Blvd
- Year built
- 1989
- Lot size
- 3.50 lot acres
- Property size
- 9,600 SF
- Property type
- Warehouses
- Property subtype
- Self storage facilities
- APN
- 6-220-A -112
- APU
- 6220A112
Description
This stabilized self-storage facility in Havelock, North Carolina, presents a compelling investment opportunity. The property boasts 1,526 units totaling 191,469 net rentable square feet, offering a mix of ground-level drive-up and climate-controlled interior storage spaces. Currently operating at 78.1% occupancy as of September 30, 2024, the facility benefits from a prime location near Marine Corps Air Station Cherry Point, supporting a robust local economy and a consistent demand for storage solutions. The 12.3-acre lot provides ample space. Convenient amenities include on-site dollies and handcarts, month-to-month leases, and the availability of boxes and supplies for purchase, along with online reservations and bill pay. The property's strategic location near Interstate 70 ensures easy accessibility for customers in surrounding areas. The Havelock area is experiencing significant growth, further enhancing the property's long-term potential. This investment offers attractive pricing and the potential to increase income through supplemental streams such as tenant insurance and merchandise sales. The proximity to Cherry Plaza Shopping Center and Atlantic Beach adds to the area's appeal. Future infrastructure upgrades and commercial expansions are expected to further boost Havelock's economic performance, making this a strong investment with promising returns.
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
- Havelock
- County
- Craven
- State
- North Carolina
- Longitude
- -76.8897
- Latitude
- 34.8602
- CBSA code
- 35100
- CBSA name
- NEW BERN, NC MICROPOLITAN STATISTICAL AREA