Self-Storage Facility
MyStorage Stonehouse Development
3500 La Grange Pkwy, Toano, VA 23168
Listing Price: Request For Offer
Investment Overview
Situated 10 miles north of Williamsburg within the master planned community of Stonehouse in Toano, Virginia, the property will benefit from exceptional growth within the subject trade area. Multiple national builders, including Ryan Homes, Lennar, HH Hunt among others are in planning or construction of major residential and mixed use projects. Development includes single family, multi family, schools, retail, mixed use and more.
Within Stonehouse alone, 1,850 additional housing units are approved and under construction, with additional residential development in planning in and around the Stonehouse project. Within the five mile trade area, multiple residential projects are underway, exemplified by The Bluffs development by Pathmark, located at the next exit east of Stonehouse on I-64. The Bluffs comprises 166 acres of developable land and will include 320 residential units, healthcare, restaurant, equestrian and golf facilities. The site work at The Bluffs has begun and infrastructure is underway. Contributing further to the overall growth in the market, Lovett Industrial, the Houston based real estate investment firm, has closed on the purchase of 328 acres of land, one mile from the subject property, at the I-64 interchange at Rt 30. Lovett Industrial plans a 2.2 million square foot business park with retail and community amenities. The project is expected to be a significant economic driver for James City County and Toano. To accommodate the growth in the region, including the submarket, the state of Virginia has undertaken a multi-billion dollar lane expansion project of I-64 from Richmond to Newport News. The subject property is ideally positioned to capture this outstanding growth in James City County and surrounding areas.
The facility consists of 91,788 rentable square feet among one three-story climate controlled building and seven non climate controlled drive up access buildings. Unit mix breakdown is 64% of square footage climate controlled (510 units), and 36% non climate controlled (239 units). Site amenities include generous 30’ wide drive isles, covered loading bays, LED lights throughout the facility, including all units larger than 100 square feet, best in class Janus Doors and unit construction. A management office is located within the climate controlled building and includes all modern security features. Certificate of occupancy is projected for November, 2025.
The successful purchaser will benefit from a rapidly growing trade area, projected to host average population increases of 14.3% over each of the next three years, in a market characterized by limited competition. Additional value add opportunity may be realized through rooftop solar projects over the ample building footprints.
Investment Highlights
- Newly Constructed Best In Market Class A Facility
- Hyper Growth Trade Area
- Outstanding Demographic Profile - Median Household Income above $107,000
- Low Supply Trade Area With High Utilization
- Attractive Unit Mix of Climate Controlled and Drive Up
- Positive Pricing Trajectory Within Trade Area For All Unit Types and Sizes
Exclusively Listed By
Broker of Record
-
Brian Hosey
Senior Managing Director / Market Leader
Listing Price: Request For Offer
Investment Highlights
- Newly Constructed Best In Market Class A Facility
- Hyper Growth Trade Area
- Outstanding Demographic Profile - Median Household Income above $107,000
- Low Supply Trade Area With High Utilization
- Attractive Unit Mix of Climate Controlled and Drive Up
- Positive Pricing Trajectory Within Trade Area For All Unit Types and Sizes
Investment Overview
Situated 10 miles north of Williamsburg within the master planned community of Stonehouse in Toano, Virginia, the property will benefit from exceptional growth within the subject trade area. Multiple national builders, including Ryan Homes, Lennar, HH Hunt among others are in planning or construction of major residential and mixed use projects. Development includes single family, multi family, schools, retail, mixed use and more. Within Stonehouse alone, 1,850 additional housing units are approved and under construction, with additional residential development in planning in and around the Stonehouse project. Within the five mile trade area, multiple residential projects are underway, exemplified by The Bluffs development by Pathmark, located at the next exit east of Stonehouse on I-64. The Bluffs comprises 166 acres of developable land and will include 320 residential units, healthcare, restaurant, equestrian and golf facilities. The site work at The Bluffs has begun and infrastructure is underway. Contributing further to the overall growth in the market, Lovett Industrial, the Houston based real estate investment firm, has closed on the purchase of 328 acres of land, one mile from the subject property, at the I-64 interchange at Rt 30. Lovett Industrial plans a 2.2 million square foot business park with retail and community amenities. The project is expected to be a significant economic driver for James City County and Toano. To accommodate the growth in the region, including the submarket, the state of Virginia has undertaken a multi-billion dollar lane expansion project of I-64 from Richmond to Newport News. The subject property is ideally positioned to capture this outstanding growth in James City County and surrounding areas. The facility consists of 91,788 rentable square feet among one three-story climate controlled building and seven non climate controlled drive up access buildings. Unit mix breakdown is 64% of square footage climate controlled (510 units), and 36% non climate controlled (239 units). Site amenities include generous 30’ wide drive isles, covered loading bays, LED lights throughout the facility, including all units larger than 100 square feet, best in class Janus Doors and unit construction. A management office is located within the climate controlled building and includes all modern security features. Certificate of occupancy is projected for November, 2025. The successful purchaser will benefit from a rapidly growing trade area, projected to host average population increases of 14.3% over each of the next three years, in a market characterized by limited competition. Additional value add opportunity may be realized through rooftop solar projects over the ample building footprints.
Exclusively Listed By
Broker of Record
-
Brian Hosey
Senior Managing Director / Market Leader

