Self Storage Land With Approvals For Sale

Vacant Land for Sale
Sale Pending/Contingent
Catylist Listing ID: 30581992
Property Subtypes: Retail, Self Storage, Other
Status: Pending/Contingent
Gross Land Area: 6.75 Acres
Sale Price: $950,000
Unit Price: $140,740 Per Acre
In Opportunity Zone? Yes
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 7/15/2021

Overview / Comments

UPDATE! Building permits have been issued! Approved self storage facility in Tilton New Hampshire. Located immediately next to a supermarket, dollar store, and a heavily traveled state route. Town approval for site plan accommodating 11 buildings and 1 office, with total rentable storage square footage of 67,050 SF. Owners will build-to-suit and hand over the keys at an additional cost. Don't miss this opportunity!

Just the land: $950,000
Land and fully built facility: $4,200,000
Annual Gross Potential Rent: $826,000
Projected Cash on Cash ROI: 27.45%

Additional Details

Nearest MSA: Laconia
County: Belknap
Property Visibility: Excellent
Site Description: Flat
Topography: Level

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,540 10,659 16,873
Median Age: 41.93 40.68 41.12
Households: 931 4,222 6,712


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