Lake Glenville Storage
5361 N Hwy 107 ,
Glenville, NC 28736
Affluent Area with Demand for Storage and Boat Parking
$1,575,000
Price
7,892
Rentable Square Feet
6.63%
Cap Rate
$15,909
Price Per Unit
99
Number of Units
$200
Price PSF
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$1,575,000
Price
7,892
Rentable Square Feet
6.63%
Cap Rate
$15,909
Price Per Unit
99
Number of Units
$200
Price PSF
Storage Investment Serving One of Western NC Most Desirable Mountain, Golf and Lake Communities
Located in a High-Barrier-to-Entry Resort Market – Positioned along NC Highway 107 in Glenville, the property serves the affluent Lake Glenville and Cashiers communities, where limited developable land, strict mountain topography, and commercial use constraints help protect existing self-storage assets from future competition.
Demand Driven by Affluent Seasonal & Permanent Residents – Lake Glenville is one of the Southeast's premier luxury mountain lake destinations, attracting second-home owners, retirees, boat owners, and vacation property investors who create year-round demand for personal, household, and recreational storage.
Strong Outdoor Recreation Economy Supports Storage Needs – The surrounding market benefits from boating, fishing, hiking, mountain biking, golf and tourism centered around Lake Glenville, Cashiers, and nearby national forest lands, generating consistent demand for boat, recreational, and seasonal storage.
Located Within a Stable, High-Income Mountain Corridor – The Glenville/Cashiers area continues to attract luxury home development, vacation rentals, and second-home investment from residents throughout Florida, Georgia, and the Carolinas, supporting long-term occupancy potential for self-storage facilities
What makes this asset attractive is the wealth and seasonal population surrounding Lake Glenville and Cashiers.
Also included is a 28' Cougar Camper the is set up for use. The current owner uses the camper for when he is visiting the facility and staying in the area. The owner recently replaced the air and water heater.
Exceptional Visibility Along the Primary Corridor Serving Lake Glenville & Cashiers
Strategically Positioned on NC Highway 107 – The property fronts NC-107, the primary north-south route connecting Cashiers, Glenville, Cullowhee, and Sylva while also providing direct access toward South Carolina, making it the area's principal transportation corridor.
Minutes from Lake Glenville's Recreation & Marina Activity – Located near Signal Ridge Marina, Lakeshore Marina & Sea-Doo Rentals, and the popular Lake Glenville recreation area, the property benefits from steady traffic generated by boat owners, vacationers, and outdoor enthusiasts.
Surrounded by Established Local Businesses & Services – Nearby businesses including The Local Restaurant, JJ's convenience store and fuel station, Glenville Lumber Co., and local retail services generate consistent daily traffic through the immediate trade area.
FOR MORE DETAILS CONTACT
Michael Morrison
Broker-In-Charge
(803) 600-0602
Michael@SuperiorCapitalAdvisors.com
SC:58247,NC:360061,GA:283465,MS:C-24484
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