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Self-Storage Facility

Elgin, SC Storage Development Opportunity

851 White Pond Rd, Elgin, SC 29045

Listing Price: $1,000,000

Cap Rate
1.88%
Number of Units
396
Occupancy
60.0%
Gross SF
48,260
Rentable SF
48,260
Price/Rentable SF
$20.72
Year Built
2025

Investment Overview

Marcus & Millichap is pleased to offer for sale this Elgin, South Carolina development opportunity. The land is in Elgin which is about 19 miles northeast of downtown Columbia. The site is in close proximity to an interstate 20 on and off ramp in an area that is being rapidly developed. Adjacent to this lot are plans for a QSR and gas station/7-11 convenience store that are also being developed soon. The storage site is proposed with 48,260 net rentable square feet and 233 climate controlled units as well as 163 non-climate-controlled units.

Investment Highlights

  • Columbia, SC MSA Self Storage Development Opportunity with Upside
  • Located in the Town of Elgin, South Carolina | About 19 Miles Northeast of Downtown Columbia | In Close Proximity to Interstate 20 On & Off Ramp
  • 48,260 Net Rentable Square Feet
  • 233 Climate-Controlled Self Storage Units | 163 Non-Climate-Controlled Units

Exclusively Listed By

Broker of Record

  • Benjamin Yelm

    Vice President/Regional Manager

    (843) 952-2300

    License(s) SC: 86628

    South Carolina

Financing By

Self-Storage Facility

Elgin, SC Storage Development Opportunity

Listing Price: $1,000,000

Cap Rate
1.88%
Number of Units
396
Occupancy
60.0%
Gross SF
48,260
Rentable SF
48,260
Price/Rentable SF
$20.72
Year Built
2025

Investment Highlights

  • Columbia, SC MSA Self Storage Development Opportunity with Upside
  • Located in the Town of Elgin, South Carolina | About 19 Miles Northeast of Downtown Columbia | In Close Proximity to Interstate 20 On & Off Ramp
  • 48,260 Net Rentable Square Feet
  • 233 Climate-Controlled Self Storage Units | 163 Non-Climate-Controlled Units

Investment Overview

Marcus & Millichap is pleased to offer for sale this Elgin, South Carolina development opportunity. The land is in Elgin which is about 19 miles northeast of downtown Columbia. The site is in close proximity to an interstate 20 on and off ramp in an area that is being rapidly developed. Adjacent to this lot are plans for a QSR and gas station/7-11 convenience store that are also being developed soon. The storage site is proposed with 48,260 net rentable square feet and 233 climate controlled units as well as 163 non-climate-controlled units.

Exclusively Listed By

Broker of Record

  • Benjamin Yelm

    Vice President/Regional Manager

    (843) 952-2300

    License(s): SC: 86628

    South Carolina

Financing By

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