-
Cargo Bay Storage
1103 Kellum Loop Rd, Jacksonville, North Carolina 28546
-
Property Info
Price: $4,300,000
Units: 333
Year Built: 2013/2019
-
Download Marketing Package
-
Broker Contact Info
Gabriel Coe
614.360.9041
Gabriel.Coe@marcusmillichap.com
Opportunity
The Market
Investment
Map
Jacksonville, North Carolina Self-Storage Offering
POPULATION
In 2023, the population in your selected geography is 57,642. The population has changed by 5.33 since 2010. It is estimated that the population in your area will be 60,178 five years from now, which represents a change of 4.4 percent from the current year. The current population is 50.3 percent male and 49.7 percent female. The median age of the population in your area is 27.8, compared with the U.S. average, which is 38.7. The population density in your area is 734 people per square mile.
HOUSEHOLDS
There are currently 22,988 households in your selected geography. The number of households has changed by 10.67 since 2010. It is estimated that the number of households in your area will be 24,063 five years from now, which represents a change of 4.7 percent from the current year. The average household size in your area is 2.5 people.
INCOME
In 2023, the median household income for your selected geography is $53,201, compared with the U.S. average, which is currently $68,480. The median household income for your area has changed by 34.13 since 2010. It is estimated that the median household income in your area will be $60,266 five years from now, which represents a change of 13.3 percent from the current year.
The current year per capita income in your area is $27,686, compared with the U.S. average, which is $39,249. The current year’s average household income in your area is $69,204, compared with the U.S. average, which is $100,106.
EMPLOYMENT
In 2023, 23,369 people in your selected area were employed. The 2010 Census revealed that 63.3 percent of employees are in white-collar occupations in this geography, and 16.3 percent are in blue-collar occupations. In 2023, unemployment in this area was 4.0 percent. In 2010, the average time traveled to work was 23.00 minutes.
HOUSING
The median housing value in your area was $189,064 in 2023, compared with the U.S. median of $268,796. In 2010, there were 9,720.00 owner-occupied housing units and 11,053.00 renter-occupied housing units in your area.
EDUCATION
The selected area in 2023 had a higher level of educational attainment when compared with the U.S averages. Only 7.8 percent of the selected area’s residents had earned a graduate degree compared with the national average of 12.7 percent, and 16.5 percent completed a bachelor’s degree, compared with the national average of 20.2 percent.
The number of area residents with an associate degree was higher than the nation’s at 11.3 percent vs. 8.5 percent, respectively.
The area had more high-school graduates, 29.5 percent vs. 26.9 percent for the nation. The percentage of residents who completed some college is also higher than the average for the nation, at 26.2 percent in the selected area compared with the 20.1 percent in the U.S.
• Jacksonville, North Carolina Self-Storage Offering
• 27,850 Net Rentable Square Feet
• 333 Total Units (145 Climate-Controlled Units, 85 Non-Climate Units, Four Offices, and 99 Outdoor Parking Spaces)
• Excellent Expansion Opportunity on 11.02 Acres
• Stabilized Facility: 100 Percent Physical Occupancy on Self Storage Units
• No Capital Expenditures Needed – Freshly Painted Office
• Below Market Rents
• Growing Surrounding Population: Over Five Percent Increase Since the Year 2010 Within a Five Mile Radius