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4296 Bemiss Rd 19,150 SF Specialty Building Offered at $6,208,640 CAD at a 10.02% Cap Rate in Valdosta, GA 31605
INVESTMENT HIGHLIGHTS
- High traffic count, strategically located, strong lease-up
EXECUTIVE SUMMARY
PRICE REDUCED OVER $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 AND upside at below-stabilized occupancy. Note $0 spent on advertising with existing occupancy derived solely from generic Google search results.
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.
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.
DATA ROOM Click Here to Access
- Offering Memorandum
- Operating and Financials
PROPERTY FACTS
| Price | $6,208,640 CAD | Property Subtype | Self-Storage |
| Price Per SF | $152.17 CAD | Lot Size | 4.06 AC |
| Sale Type | Investment | Building Size | 40,800 SF |
| Cap Rate | 10.02% | No. Stories | 1 |
| Sale Condition | 1031 Exchange | Year Built | 2024 |
| Property Type | Specialty | ||
| Zoning | Commercial | ||
| Price | $6,208,640 CAD |
| Price Per SF | $152.17 CAD |
| Sale Type | Investment |
| Cap Rate | 10.02% |
| Sale Condition | 1031 Exchange |
| Property Type | Specialty |
| Property Subtype | Self-Storage |
| Lot Size | 4.06 AC |
| Building Size | 40,800 SF |
| No. Stories | 1 |
| Year Built | 2024 |
| Zoning | Commercial |
AMENITIES
- Controlled Access
- Signage
- Air Conditioning
- Fiber Optic Internet
- Smoke Detector
1 1
PROPERTY TAXES
| Parcel Number | 0146A-288 | Improvements Assessment | $712,246 CAD |
| Land Assessment | $98,745 CAD | Total Assessment | $810,991 CAD |
PROPERTY TAXES
Parcel Number
0146A-288
Land Assessment
$98,745 CAD
Improvements Assessment
$712,246 CAD
Total Assessment
$810,991 CAD
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4296 Bemiss Rd
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