Remarks

Opened in 2023, this newly built self-storage facility is already thriving, with an impressive 75% occupancy as of April 30, 2025. Situated on 3.06 acres, the property features 21,920 net rentable square feet (NRSF), with room to grow—an additional 4,375 NRSF can be added on the existing parcel.

Opportunities abound to increase value, from bringing rents up to market rates to leveraging on-site boat, RV, and camper storage. Plus, investors have the option to purchase adjacent land for future expansion (1.74 acres in total).

For those looking to scale their portfolio with a high-performing, growth-ready asset, this property is a compelling investment.

Details

MLS#: MDWC2018046
Price: $2,400,000

Year Built: 2023

County: WICOMICO
Tax Fee: 22440.0