NEW PRICE
Jumbo’s Maxi Storage is a self-storage property available for sale in Sumter, SC. There are 40 (15x30) non-climatized units for a total of 18,000 NRSF. Along with the existing facility, the adjacent 4.41 acre parcel located at 3110 Quandry Rd, Sumter, SC 29150 is included in this sale for future expansion. Entitlements have been granted for an additional 41,400 NRSF to be added in the future, so this is an expansion deal for a prospective buyer. A few things to note:
- Per The City of Sumter’s Zoning and Development Standards Ordinances, mini-warehouse sites cannot exceed 4.00 acres, so the excess acreage has been included as a proposed right of way in the site plan drawings.
- The proposed expansion unit mix can be adjusted for the market, but revisions to the layout of the buildings would require additional approval.
- The owners each hold their general contractor license and would potentially consider building out the expansion and managing the project (upon a sale) for a negotiable fee.
- As of December 2024, the owners have a contract with the City of Sumter wherein the City will provide a new 50 ft radius cul-de-sac to meet code requirements at the end of Quandry Rd as shown on the clouded portion of Exhibit B (of the contract in the Drive Folder), which would include a curb cut onto the expansion parcel (APN: 186-00-04-021) if curbing is required… in exchange for the owners allowing the City to provide a yard inlet and to make connection into the existing storm drain located at the north side of the property as shown in Exhibit A (of the contract in the Drive Folder) and being the clouded portion
Expansion Parcel Details:
· APN: 186-00-04-021
· 4.41 acres
· Light Industrial-Warehouse Zoning (LI-W)
Highlights:
· Seller-financing options considered
· Rates for 15x30 unit type are below those of the surrounding competition
· Considerable room for expansion
· Fenced
· (3) Security cameras
· 50 ft wide paved drive aisle
· Electric- Lift Master CSL24U Gate System
· Flood Zone X (both parcels)
· No water or sewer on either parcel, single phase power only on the existing storage parcel
Apart from expansion, the facility could benefit by:
· Creating a website
· Setting up a Google listing for the business
· Implementing a management software
· Offering tenant insurance
· Reducing economic vacancy
· Raising street rates
· Advertising more effectively
Google Drive NDA Link:
Additional information can be found in the Google Drive Folder. Prior to accessing such, please fill out the confidentiality agreement using the following link: https://docs.google.com/forms/d/e/1FAIpQLSdx7xvBVXXdlnCiXC1Q3lqEN3IbU-kNrXZ-pBRaLf8w3z1yeA/viewform?usp=preview