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Wolcott, CT Self Storage or Commercial Development Opportunity
1639 Wolcott Road, Wolcott, Connecticut 06716
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Property Info
Price: $1,150,000
Units: 419
Year Built: N/A
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Download Marketing Package
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Broker Contact Info
Nathan Coe
614.360.9801
Nathan.Coe@marcusmillichap.com
Opportunity
The Market
Investment
Map
New Haven, Connecticut MSA Approved Self Storage Development Opportunity
See marketing package for demographics.
• New Haven, Connecticut MSA Approved Self Storage Development Opportunity
• Located in the Affluent Suburb of Wolcott
• Site Being Sold with Most of the Approvals, Engineering, and Permits in Place for a Class-A Self Storage Development
• Land Permit in Place | Buyer Just Needs to Get Building Permit
• Site Could also be a Great Commercial Development Opportunity and does not have to be Storage
• Approvals in Place to Build a Two-Story 47,264 NRSF Facility
• Approved for 213 Climate Controlled Units & 206 Non-Climate Controlled Units
• The Plans Utilize the Existing Concrete Pad & Assumes New Steel Everywhere
• The Plans May be Expanded or Modified to Suit a Buyer’s Desires
• Undersupplied Storage Market: Only 5.22 NRSF/Capita Within a Five-Mile Radius & 6.72 NRSF/Capita Within a Three-Mile Radius
• Affluent Market: Average Household Income Within One, Three, and Five Miles is Well Above the National Average
• Average HHI: 1-Mile: $127,549 | 3-Miles: $106,748 | 5-Miles: $108,372