4299 Interstate DrMacon, GA 31210

Property Details for 4299 Interstate Dr

Year built

2004

Lot size

2.83 AC

Property size (Sq ft)

2,500 SF

Zone code

PDI

Property type

Industrial properties

Property subtype

Other warehouses

APN

K008-0246

APU

K0080246

Description

This stabilized Class B self-storage facility, located at 4299 Interstate Dr, Macon, GA 31210, presents a compelling investment opportunity. The property, built in 2004, comprises eight single-story buildings totaling 38,000 square feet, with 35,700 net rentable square feet. The 2.83-acre lot features 222 units: 179 drive-up, 42 interior, and one parking space. Currently operating at 76.68% occupancy (as of September 1, 2024), the property offers significant upside potential through rental rate increases and improved occupancy. The current NOI is $102,000, with a pro-forma NOI of $140,000. The asking price is $2,800,000, representing a 6.15% cap rate and a price per square foot of $73. The property is owner-managed and benefits from a gross lease structure. The 9-foot ceiling height and convenient Interstate Drive location (67 AADT traffic count) contribute to its appeal. The property is zoned commercial and features a Bibb County APN of K008-0246. In-place rental rates average $0.48 per square foot. The property's website is eagleselfstoragega.com/self-storage-macon-ga-f2364. This is a private, owner-operated asset.

Location Insight

City

Macon

County

Bibb

State

Georgia

Latitude

32.8281

Longitude

-83.7306

CBSA code

31420

CBSA name

MACON, GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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