Graham Development Site

Highlights:

• Feasibility Study Finds Sufficient Demand to Support Development, Particularly Climate
• No Climate Self Storage Within Eight Miles of Site
• 1.7 Acres on NC Hwy 87 S
• Located on Hwy 87 and Highly Visible From a Signaled Intersection. The Closest Traffic Counts are 4,784 on Hwy 87 and 3,785 on Old Greensboro Chapel Hill Rd (See NCDOT)
• Conveniently Located Just South of Graham and a Short Drive from Pittsboro
• Area Households and Household Income are Growing faster Than the US

Description:

This prime development site is zoned for self storage and includes an approved stormwater permit good through 2031. With no climate storage offered within eight miles of the site, the owner will provide approved civil and architectural plans for two climate-controlled buildings with approximately 34,000 +/- NRSF. The seller has completed much of the work and made investments necessary to start the construction of a new facility, reducing the me and money associated with the pre-development stage for a new owner.

A feasibility study conducted by Self Storage 101 indicates that there is a sufficient amount of unmet self storage space demand for the contemplated development and in particular for climate controlled storage space.

The 1.7 +/- acres is situated along highly traveled NC Hwy 87 and has great visibility from the signaled intersection at Old Greensboro Chapel Hill Road, maximizing exposure and attracting potential clients. A new Dollar General is located across the highway.

Graham, NC has experienced very high growth in recent years with a 6.9% population increase between April 1, 2020 and July 1, 2023 (hps://www.census.gov/quickfacts/). Additionally, household growth within a five-mile radius of the site is projected to increase 4.4 percent from 2024 to 2029 (Source: ESRI 2024).

Documents: