4296 Bemiss Rd - Self-Storage Facilities FOR SALE


Valdosta, GA 31605
$4,450,000 USD
912-223-3740
4296 Bemiss Rd, Valdosta, GA for Sale
$4,450,000 USD
Self-Storage Facilities - FOR SALE
1/8
null | 10.02% Cap Rate

4296 Bemiss Rd
Valdosta, GA 31605


OVERVIEW

PRICE REDUCED $1,000,000! New Climate Controlled Storage facility for sale strategically located on the main 4 lane highway connecting Valdosta State University and Moody Air Force base. Significant new single and multifamily housing all around the facility in every direction. The facility remains in its early lease-up phase, offering the new owners a rare opportunity to acquire significant revenue upside at below-stabilized occupancy. Units are currently competitively priced relative to nearby facilities, positioning the facility to capture demand quickly as new households and businesses enter the market. Recently completed in 2023-2024 this new facility is already 65-70% occupied and adding tenants steadily. 2023 Phase 1 was 100% occupied last year and 2024 Phase 2 is leasing up steadily. Fully Remotely-Managed by Current Owner. Future Expansion Potential: There are 1.6 acres located adjacent to the facility with direct frontage on the highway currently for sale at the time of this listing which could be purchased separately for expansion. For more information please contact Seller by email; valdostaclimatestorage@gmail.com NO PHONE CALLS PLEASE. Seller is a licensed realtor in the State of Georgia.

FOR SALE DETAILS

PRICE

$4,450,000 USD

PRICE/SF

$232 USD /SF

CAP RATE

10.02%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Self-Storage Facilities

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

-

YEAR BUILT

2024

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

4.06 AC

LAND SF

176,854 SF

ZONING

Commercial

APN/PARCEL ID

0146A-288

ASK ABOUT THIS PROPERTY

Trace HartridgeHartridge RealtyMore Info
912-223-3740

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Trace HartridgeHartridge RealtyMore Info
912-223-3740

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