ModBox Storage

For Sale

124 Patrick Rd, Gastonia, NC 28056

This Gastonia property for sale is located at 124 Patrick Rd. The general use of ModBox Storage is other and it incorporates 39,875 square feet of class C other space. Contact the listing broker for details on the current sale price for ModBox Storage. ModBox Storage is situated on a lot that is 4.88 acre in size.

Contacts

Justin Wiesehan

Lee & Associates - Charlotte

Property Details

  • Property Type Other - Special Purpose
  • Property Size 39,875 SF
  • Units 270
  • Lot Size 4.88 Acre
  • Building Class C
  • Year Built 1991
  • Date Updated Sep 17, 2026
Self-storage facility located on Patrick Rd in Gastonia, North Carolina, in Gaston County.Lee & Associates is pleased to present ModBox Self Storage, a value-add investment opportunity at 124 Patrick Road in Gastonia, North Carolina. Situated on 4.88 acres, the property offers 39,875 net rentable square feet and 270 total units across a diversified mix of climate-controlled storage, drive-up storage, covered boat and RV storage, paved parking, and commercial space. A fully occupied, 2,500-square-foot commercial unit contributes $31,200 in annual rental income. With 72.35% physical occupancy, ModBox offers investors existing income with meaningful upside through lease-up and rental-rate optimization. The surrounding market features a 2025 population of 70,097 within five miles and a median household income of $99,451 within three miles. Supported by projected population growth, this offering presents an attractive opportunity to build occupancy and strengthen operating performance across multiple revenue streams.
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Highlights

  • Boat, RV, and parking income: 12 covered boat/RV spaces totaling 6,600 rentable square feet, complemented by six paved parking spaces.
  • Compelling local demographics: A 2025 median household income of $99,451 within three miles, a five-mile population of 70,097, and projected three-mile population growth of 3.53% from 2025 to 2030.
  • Diverse storage offerings: 136 climate-controlled units and 115 drive-up units provide a broad range of storage options.
  • Established Gastonia asset: 39,875 net rentable square feet and 270 total units situated on 4.88 acres in Gaston County.
  • Income-producing commercial component: Fully occupied, 2,500-square-foot commercial space generating $2,600 per month in rental income.
  • NOI growth potential: Historical trailing-12-month net operating income of $146,240, with Year 1 pro forma NOI of $229,046, subject to underwriting assumptions.
  • Value-add upside: 72.35% physical occupancy provides room for lease-up, with additional revenue potential through rental-rate optimization.

Attachments

Getting around

  • 8/100

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  • 21/100

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Location

  • City Gastonia, NC
  • Neighborhood Copperfield
  • Zip Code 28056
  • Market Charlotte

Points of Interest

  • Speedway

    4.31 miles

  • Citgo

    4.33 miles

  • Shell

    5.47 miles

  • Marathon

    5.54 miles

  • Sam's Club Gastonia

    5.70 miles

  • QuikTrip

    6.06 miles

  • Exxon

    6.48 miles

  • Linwood Road Access

    8.10 miles

  • GM parts loading zone

    9.35 miles

  • GM public parking

    9.43 miles

  • Ferguson Box Public parking

    9.48 miles

  • Ferguson Box loading zone

    9.51 miles

  • Rodeway Inn

    5.60 miles

  • Hilton Garden Inn Gastonia

    5.67 miles

  • The York Chester Inn

    5.85 miles

  • Super 8

    5.86 miles

  • Midtown Moter Inn

    5.96 miles

  • Best Western Gastonia

    5.98 miles

  • Hampton Inn Charlotte-Gastonia

    6.01 miles

  • The Esquire Hotel, Ascend Hotel Collection

    6.05 miles

  • Comfort Suites Gastonia - Charlotte

    6.07 miles

  • Courtyard Charlotte Gastonia

    6.09 miles

  • Harris Teeter

    2.48 miles

  • Publix

    3.07 miles

  • Lake Wylie Mini Mart

    3.64 miles

  • Food Lion

    3.66 miles

  • Lidl

    3.74 miles

  • ALDI

    3.86 miles

  • Walmart Neighborhood Market

    4.40 miles

  • Ross

    5.66 miles

  • Walmart Supercenter

    5.67 miles

  • Target

    5.71 miles

Contact Listing Broker
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