

Selma Self Storage Development
Self Storage | 638 Units
Marketing description
Lindsey Self Storage Group is pleased to present this development offering memorandum for the Selma Self Storage Development in Selma, North Carolina, which presents a highly attractive investment opportunity anchored by a proposed modern, climate-controlled and drive up asset with meaningful upside potential. The property will comprise a total of 75,785 net rentable square feet (NRSF) across 638 rentable units, offering a majority climate-controlled mix, featuring 60,280 square feet of interior climate-controlled space.
Situated on a 6.09-acre site at 600 Ricks Road, the proposed development benefits from 500 feet of street frontage and strong regional demographics. The area's consistent demand drivers, coupled with the strategic mix of climate-controlled and traditional drive-up units, provide a foundation for sustained lease-up and rental growth. With its emphasis on climate-controlled offerings and a prime location within an expanding market, this facility presents a compelling opportunity to capture upside while maintaining durable long-term performance.
Investment highlights
- Explosive Population Growth - Over $1.6 Billion in Home Developments in a 5 Mile Radius
- Strategic High-Traffic Location
- Transformative Mixed-Use Neighbor: Eastfield Crossing
- Unprecedented Economic Development: Novo Nordisk & Grifols
- Johnston County is NC's fastest-growing. The I-95 & US-70 interchange sees 45K VPD, driving demand for 638 units.
- Fully Entitled and Permitted Shovel Ready Project
Listing Contacts


Valuation Calculator
Valuation Metrics
Map
Zoning
Broker Selected Comps View More Comps
Property History
Similar Properties
Is there information that looks off?




























