Investment Overview
National Storage Partners, with Broker of Record: Meredith M. Mears, SVN Miller Commercial Real Estate, is pleased to offer an exceptional investment opportunity in Chesapeake City, MD. This well-positioned self-storage development site, located on Augustine Herman Highway, benefits from high market rents and no competition within a 3-mile radius. With increasing demand for self-storage, this project presents strong market potential and long-term financial returns, especially with the nearby Southfields of Elkton development, which will include residential, retail, and recreational spaces.
The site is approved for a 59,950 SF facility with 50,300 Net RSF, offering a mix of climate-controlled and traditional drive-up storage units. The facility will feature modern security, amenities, and professional management, making it an ideal opportunity in an underserved market near local schools.
Investment Highlights
- Sale Price: $649,000
- Property Type: Self Storage
- Building Size: 59,950 SF