LOT 7 WHITING ROAD, MARSHALL,VA 20115

Prime Investment Opportunity: Fully Entitled Self-Storage Development in Marshall, VA

Presenting Lot 7 on Whiting Road, a 10.13-acre fully entitled and shovel-ready parcel in the desirable area of Marshall, VA. This property offers developers a unique opportunity to construct a state-of-the-art self-storage and outdoor storage facility in an undersupplied market. With approved plans, detailed projections, and a strategic location, this property is poised for success. Listed at $3,999,900, it is a rare opportunity to invest in a high-demand storage market.

Key Features:

Lot Size: 10.13 acres, zoned I-1 (Light Industrial).
Approved Plans: 47,250 SF of self-storage and 81,457 SF of RV/boat storage.
Market Potential: Fauquier County’s 5-mile radius SF/capita is only 4.5, indicating strong demand.
Revenue Projections: Stabilized annual revenue exceeding $1.18 million, with projected rental rates of $1.75/SF for RV/boat storage and $22/SF for self-storage.
Shovel-Ready Infrastructure: Fully entitled with geotechnical studies, approved stormwater management systems, and a comprehensive site plan including gravel and paved storage areas.
Estimated Units: 300-450 units, with flexible configurations to meet market demand.
Development Highlights:

Construction costs are projected at approximately $4.2 million, or $33/SF.
Total buildable square footage of 128,707 SF.
Strong financial metrics with an estimated exit cap rate of 7.5%.
Environmental compliance and wetland delineation completed, ensuring a seamless development process.
Location Benefits:

Strategically located near I-66 and Route 55, offering easy accessibility.
Situated in an affluent and growing community with increasing storage needs.
This fully entitled, shovel-ready project offers significant potential for investors and developers looking to capitalize on a high-demand market. Contact us today for additional details, financial projections, and site plans, or to schedule a property tour.