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StoreMore Self Storage & Washland Laundromat
3451 Ward Blvd, Wilson, North Carolina 27893
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Property Info
Price: $3,350,000
Units: 145
Year Built: 1996
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Download Marketing Package
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Broker Contact Info
Gabriel Coe
614.360.9041
Gabriel.Coe@marcusmillichap.com
Opportunity
The Market
Investment
Map
Raleigh, North Carolina MSA Self-Storage and Laundromat Offering
POPULATION
In 2025, the population in your selected geography is 55,130. The population has changed by 0.49 percent since 2010. It is estimated that the population in your area will be 56,425 five years from now, which represents a change of 2.3 percent from the current year. The current population is 46.7 percent male and 53.3 percent female. The median age of the population in your area is 40.0, compared with the U.S. average, which is 40.0. The population density in your area is 702 people per square mile.
HOUSEHOLDS
There are currently 23,648 households in your selected geography. The number of households has changed by 7.95 percent since 2010. It is estimated that the number of households in your area will be 24,421 five years from now, which represents a change of 3.3 percent from the current year. The average household size in your area is 2.3 people.
INCOME
In 2025, the median household income for your selected geography is $57,780, compared with the U.S. average, which is currently $78,171.The median household income for your area has changed by 47.07 percent since 2010. It is estimated that the median household income in your area will be $64,374 five years from now, which represents a change of 11.4 percent from the current year.
The current year per capita income in your area is $31,530, compared with the U.S. average, which is $41,680. The current year’s average household income in your area is $73,281, compared with the U.S. average, which is $103,571.
EMPLOYMENT
In 2025, 24,189 people in your selected area were employed. The 2010 Census revealed that 53.5 percent of employees are in white-collar occupations in this geography, and 24.5 percent are in blue-collar occupations. In 2025, unemployment in this area was 6.0 percent. In 2010, the average time traveled to work was 20.00 minutes.
HOUSING
The median housing value in your area was $204,434 in 2025, compared with the U.S. median of $333,538. In 2010, there were 11,680.00 owner-occupied housing units and 10,228.00 renter-occupied housing units in your area.
EDUCATION
The selected area in 2025 had a lower level of educational attainment when compared with the U.S averages. 22.1 percent of the selected area’s residents had earned a graduate degree compared with the national average of only 13.7 percent, and 8.9 percent completed a bachelor’s degree, compared with the national average of 21.2 percent.
The number of area residents with an associate degree was higher than the nation’s at 13.6 percent vs. 8.8 percent, respectively.
The area had fewer high-school graduates, 2.1 percent vs. 26.1 percent for the nation, but the percentage of residents who completed some college is higher than the average for the nation, at 37.8 percent in the selected area compared with the 19.6 percent in the U.S.
• Raleigh, North Carolina MSA Self-Storage and Laundromat Offering
• 17,925 Net Rentable Square Feet
• 145 Non-Climate Controlled Drive-Up Self-Storage Units and One 1,500 Square Foot Office Space that is Currently the Laundromat
• Current Gross Income is Roughly $500,666 ($290,984 from the Laundromat and$205,682 from Self-Storage)
• Income for Both Business and Sales has been Growing Significantly and Still has Significant Upside for Future Investors
• This Property Offers Significant Tax Advantages with a Unique Combination that can be Structured Between the Laundromat Business and the Self-Storage Property
• Excellent Visibility Along Ward Boulevard (NC-42/NC-58): 12,000± Vehicles/Day
• On-Site Laundromat Provides Strong Additional Cash-Flow
