20295 U.S. 23 - Self-Storage Facilities FOR SALE


Circleville, OH 43113
$750,000 USD
614-339-4608
20295 U.S. 23, Circleville, OH for Sale
$750,000 USD
Self-Storage Facilities - FOR SALE
1/12
null | 7.18% Cap Rate

20295 U.S. 23
Circleville, OH 43113


HIGHLIGHTS

  • 124-unit facility located directly on U.S. 23 with traffic counts exceeding 25,000 vehicles per day.
  • Spanning 5.07 acres, offering room for further onsite development.
  • Built in 2016 with metal construction, gravel drives, gated entry, and security camera coverage.
  • Strong rent comparables highlight significant revenue upside through lease-up and market adjustments.
  • Managed with Storable – Easy Storage Solutions for efficient operational control.
  • Located within a rapidly growing region south of Columbus, enhancing demand fundamentals.

OVERVIEW

Charles Hart Self Storage Group is pleased to present HBC Storage 23, a 124-unit facility in Circleville, OH. The property comprises a diverse mix of 5x10, 10x10, 10x15, and 10x20 units, totaling approximately 12,000 rentable square feet. Situated on 5.0 acres, the expansive lot offers ample room to develop additional storage buildings or generate immediate revenue via outdoor parking. Built in 2016, HBC Storage 23 presents an excellent value-add opportunity to acquire a modern asset and capitalize on operational efficiencies. While the facility maintains an active website presence providing renters with seamless online leasing and unit availability, it has historically operated with little to no marketing. A new owner can immediately drive value by optimizing digital marketing, enhancing signage, and improving overall curb appeal. Located just south of the metro core, Circleville offers a highly desirable balance of small-town stability and seamless access to Columbus—the fastest-growing metropolitan region in the Midwest. As the historic county seat of Pickaway County, Circleville boasts a growing population of 14,765 in 2026. The city serves as a vital submarket within the expanding Columbus MSA, making it an ideal location for consistent self-storage demand driven by regional economic growth.

FOR SALE DETAILS

PRICE

$750,000 USD

PRICE/SF

$63 USD /SF

CAP RATE

7.18%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

HBC Storage 23

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Self-Storage Facilities

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

2016

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

5.07 AC

LAND SF

220,849 SF

ZONING

-

APN/PARCEL ID

A02-0-001-00-035-07

ASK ABOUT THIS PROPERTY

Ryan MitchellCharles Hart Real EstateMore Info
614-339-4608

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Ryan MitchellCharles Hart Real EstateMore Info
614-339-4608

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.