Newnan Self-Storage Facility For
1210 W Highway 16 Newnan, GA 30263
1210 W Highway 16, Newnan, GA, 30263
$582,000
For Sale
$582,000
COMMERCIAL - Newnan, GA
Property Size5,360 SF
Lot Size2.29 Acres
Price / SF$108.58
Days on Market128
Property Features for 1210 W Highway 16
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Parking
- 20
- Fencing
- Chain Link
- Standard status
- Active
- APN
- 047 5099 011
- Size
- 5,360 SF
- Lot size
- 2.29 Acres
Taxes and HOA fees
- Tax Description
- Mini Whses & 2.29 AC LL99 5LD
Building Details
- Year built
- 1996
- Number of units
- 67
- Building materials
- Block, Metal Siding
- Roof type
- Metal
Listing Agency
Fesperman Real Estate
(912) 283-1181
315 Plant Ave, Waycross, GA
Listed by
Harriet Bowman · License #368034
(912) 281-6178
Added: Mar 12 Checked: Jul 17 at 4:06 pm
MLS# 1660523
Copyright © 2026 Golden Isles Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Located in Newnan, Georgia, this self-storage facility features two buildings with storage units and additional acreage suitable for parking motor homes and boats. The property offers room for expansion. There are 52 units, each equipped with a rollup door, including 16 units sized 5x10, 28 units sized 10x10, and 8 units sized 10x20, with 4 of the 10x20 units having doors at both the front and rear. Additionally, there are 15 spaces designated for outside parking, bringing the total to 66 rentable units. The property is surrounded by a chain link fence with a coded lock on the gate. The facility is currently occupied at 88%. Security cameras are installed on the property. The property size is 5360 square feet and the lot size is 2.29 acres.
Local Financial Insights For Industrial
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $50.8k | $9.48 |
| − Vacancy | −$4.2k | −$0.78 |
| EGI | $46.6k | $8.70 |
| − OpEx | −$14.0k | −$2.61 |
| NOI | $32.7k | $6.09 |
5,360 SF · lease $9.48/SF/yr · vacancy 8.20% · expense 30.00%
Alternative Uses
Best Use
Self Storage
$795.6K
$696.1K – $928.2K
NOI $55,690 @ 7.0% cap · market cap 9.57%
Second Best
Industrial
$466.5K
$408.2K – $544.2K
NOI $32,652 @ 7.0% cap · market cap 5.61%
Theoretical Best
Office A
$1.50M
$1.31M – $1.75M
NOI $104,883 @ 7.0% cap · market cap 18.02%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Self storage facilities
Similar For Sale Nearby
FAQs
What type of property is this?
Self storage facility - Self-storage facility with expansion potential in growing Newnan, Georgia.
Where is this self storage facility located?
The property is located at 1210 W Highway 16 Newnan, GA.
What is the asking price?
The asking price for this property is $582,000.
