Northern Ohio, Early Lease-Up Self-Storage Opportunity – Amherst, OH
205 S. Leavitt Rd, Amherst, OH 44001

Under Agreement
NRSF
78,450
Early Lease-Up
Amherst, OH
State-of-the-Art Facility: A 78,450 NRSF mix of 612 drive-up climate & non-climate-controlled units opened December 2024
Strong Financials: Projected NOI of $588,000 at stabilization with 20-22% Leveraged IRR
Affluent Area: Median HH income over $78,000 in the 3-mile market
Prime Visibility: Conveniently located along State Route 58 with direct access to Interstate 90, and has high traffic volumes with over 13,500 cars passing daily

Cushman & Wakefield’s Self Storage Advisory Group has been exclusively retained to offer for sale this Amherst, OH Early Lease-Up Self-Storage Opportunity.

Seize the opportunity to invest in a state-of-the-art, fully remote drive-up facility in northern Ohio, which opened in December 2024. Developed by KO Construction, this impressive 78,450 NRSF facility spans 6.6 acres and offers 36,350 NRSF of climate-controlled space across 331 units, along with 42,100 NRSF of non-climate-controlled space across 281 units. Equipped with the latest technology and advanced security features, this facility ensures secure and seamless storage solutions.

The property is strategically located on State Route 58, a major north-south highway, offering excellent visibility and high traffic volumes with over 13,500 cars passing daily. This prime location provides direct access to Interstate 90, the longest interstate in the United States. Amherst, Ohio offers strong demographics with more than 37,000 people and median household incomes above $78,000 within the 3-mile trade area. This 78,450 rentable square foot facility is ideal for remote management or to be operated within a hub and spoke model.

Amherst, Ohio, known as the ‘Sandstone Capital of the World,’ is in Lorain County, 34 miles west of Cleveland and part of the Greater Cleveland MSA. Its strategic proximity to cities like Lorain, Elyria, Oberlin, and Cleveland makes it a convenient home for commuters. The town’s quiet, safe suburban atmosphere is highly attractive to families, contributing to its steady population growth.

The city also offers a vibrant and diverse economy that makes it an ideal location for businesses and families alike. With thriving sectors such as health care, retail, and manufacturing, the town supports a robust job market. High-paying industries like wholesale trade and transportation ensure competitive wages, while the median household income of over $78,000 reflects the community’s prosperity. Amherst’s strategic location, excellent public schools, and a blend of urban and rural living create a dynamic environment perfect for growth and investment.




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