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2324 S Point Rd, Belmont, NC, 28012

CubeSmart Self Storage (Managed)
Market Bid

Key Information

Lot Size
6.53 Acres
Units
513
Year Built
2025
Type
Self Storage
Occupancy
30%
NOI
$284,884

Highlights

  • Rough graded pad on-site approved for a 17,600 net rentable square foot bi-level all-climate building
  • Only 4.46 Square Feet Per Capita in a 3-mile radius
  • Average household incomes in a 1-mile are $154k, median household incomes are $116k, while 3-mile average incomes are $130k and median are $107k
  • Population growth projected annually at 1.70% in a 1-mile and 1.60% in a 3-mile for the next 5 years
  • Attractive basis for recently constructed product
  • 8,846 Residential Units in the development pipeline within a 5-mile radius totaling over $5.3 Billion in total value (according to TractIQ)
  • Zero new self-storage developments showing within a 3-mile radius on TractIQ
  • Located in close proximity to Duke Energy’s Allen Steam Station redevelopment – a recently completed $100 Million project, as well as Belmont Abbey College and CaroMont Health, one of Gaston County’s largest employers with over 4,300 employees system-wide

Photos

Location

Agents

Broker of Record

Gerard Hamas

License # 362768, C42113 (NC)
Matthews of North Carolina, LLC
307 W. Tremont Ave., Ste 200, Charlotte, NC 28203