www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
33797558
33797557

20295 U.S. 23, Circleville, OH 43113-3507

RM
OH OH 2023002843
Charles Hart Real Estate
Listed by Charles Hart Real Estate
$750,000
2 days on market
Updated 2 days ago

HBC Storage 23

Details
APN A02-0-001-00-035-07
Property Type Self Storage
Sub Type Self Storage
Square Footage 12,000
Units 124
NOI $52,216
Occupancy 54%
Pro-Forma Cap Rate 7.18%
Pro-Forma NOI $53,887
Price per SqFt $63
Year Built 2016
Buildings 2
Acreage 5.070
Investment Type Value Add

Self Storage | 124 Units | 12,000 SF

Marketing description

Charles Hart Self Storage Group is pleased to present HBC Storage 23, a 124-unit facility in Circleville, OH. The property comprises a diverse mix of 5x10, 10x10, 10x15, and 10x20 units, totaling approximately 12,000 rentable square feet. Situated on 5.0 acres, the expansive lot offers ample room to develop additional storage buildings or generate immediate revenue via outdoor parking. Built in 2016, HBC Storage 23 presents an excellent value-add opportunity to acquire a modern asset and capitalize on operational efficiencies.

While the facility maintains an active website presence providing renters with seamless online leasing and unit availability, it has historically operated with little to no marketing. A new owner can immediately drive value by optimizing digital marketing, enhancing signage, and improving overall curb appeal.

Located just south of the metro core, Circleville offers a highly desirable balance of small-town stability and seamless access to Columbus—the fastest-growing metropolitan region in the Midwest. As the historic county seat of Pickaway County, Circleville boasts a growing population of 14,765 in 2026. The city serves as a vital submarket within the expanding Columbus MSA, making it an ideal location for consistent self-storage demand driven by regional economic growth.

Investment highlights

  • Expansive lot with ample roof for additional development
  • Significant rental upside ($25K+ loss-to-lease)
  • High visibility corridor located directly off US-23 (25,000+ vehicles per day)

Listing Contacts

RM
OH OH 2023002843
Charles Hart Real Estate
Listed by Charles Hart Real Estate

Valuation Calculator

Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$52,216.00
$4,351.33/mo

Valuation Metrics

0
DSCR
6.96%
Cap Rate
6.96%
ROI

Map

Zoning

Intelligence Badge
HB CommercialSpecial CommercialHighway Business
View municipality zoning documents
Upgrade to see the zone description and what's allowed on this property
Upgrade to search and view land use codes
View all 19 uses
View all 19 uses
Last updated Apr 15, 2026 For deeper zoning details, reports are available at Zoneomics

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Similar Properties

View All

Additional Information

Name
Jordan Marshall
Title
Broker of Record
Name
Ryan Mitchell
License
OH 2023002843
Brokerage Phone
6144124278
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591