Morganton Self Storage Development
Closed113 Old Jamestown Rd, Morganton, NC 28655
Property type
Self Storage
Unit / Space count
1
Price
N/A
Building size
24,750 sf
Rentable area
24,750 SF
Year built
Year renovated
Occupancy
Zoning code
Lot size
2.13 Acres
Sold/status
Sold · Date unknown
Property description
• Fully-approved self-storage development site located in Morganton, NC. Building permits are included. • Purchase includes a 2.13-acre self-storage development site with plans in place. • Site is approved for 24,750 NRSF of Non-Climate Self-Storage. • This site benefits from strong market rates that should continue to increase thanks to the presence of institutional competitors. • This site is strategically located just off US Highway 70 (Carbon City Rd) which sees 16,500 VPD. • 5-mile population of over 35,000 people. • Morganton is home to over 16,500 people and is experiencing a 0.218% increase in population growth year over year. • Morganton is strategically located between Charlotte (1.5 hours) and Asheville (1 hour). • Adjacent bank building could also be purchased from the current seller to establish frontage on Carbon City Rd. • The bank building could be used as an office and currently has an established U-Haul business running out of it.