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Self-Storage Facility in Warm Springs

51 Green Street Warm Springs, GA 31830

51 Green Street, Warm Springs, GA, 31830
$300,000
For Sale
$300,000

COMMERCIAL - Warm Springs, GA

Property Size4,500 SF
Lot Size0.69 Acres
Price / SF$66.67
Days on Market128

Property Features for 51 Green Street

General Information

Property type
Commercial Sale
Property subtype
Other
Parking
10
Standard status
Active
APN
WS04 131
Size
4,500 SF
Lot size
0.69 Acres

Taxes and HOA fees

Tax Description
WHSE/LT2 BLK C/ll152 LD 2/PB 2 PG 11

Building Details

Year built
1993
Floors in Building
1
Building materials
Metal Siding
Roof type
Metal
Listing Agency Fesperman Real Estate
315 Plant Ave, Waycross, GA
Listed by Harriet Bowman · License #368034
Added: Mar 12 Checked: Jul 17 at 4:06 pm
MLS# 1660497

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 Warm Springs, Georgia, this self-storage facility features 45 rentable units, including 3 outdoor parking spaces. The units have roll-up doors and come in various sizes: four 5x6 units, five 10x10 units with two roll-up doors each, twenty-six 10x10 units, two 10x14 units, and five 10x20 units, the latter having two side-by-side roll-up doors. Tenants are currently in place. The 0.69-acre property is enclosed by a chain-link fence and secured with a locked double gate. The property offers room for expansion and may be suitable for passive income generation.

Key Highlights

  • 45 rentable self‑storage units with roll‑up doors
  • Located in Warm Springs, GA
  • Tenants currently in place

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 $42.7k $9.48
− Vacancy −$3.5k −$0.78
EGI $39.2k $8.70
− OpEx −$11.7k −$2.61
NOI $27.4k $6.09
4,500 SF · lease $9.48/SF/yr · vacancy 8.20% · expense 30.00%

Alternative Uses

Best Use
Self Storage
$667.9K
$584.4K – $779.3K (±1% cap)
NOI $46,755 @ 7.0% cap · market cap 15.58%
Second Best
Industrial
$391.6K
$342.7K – $456.9K (±1% cap)
NOI $27,413 @ 7.0% cap · market cap 9.14%
Theoretical Best
Office A
$1.26M
$1.10M – $1.47M (±1% cap)
NOI $88,055 @ 7.0% cap · market cap 29.35%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Ms. Lillian's Self ... Storage Facility

Suggested Use

Parking Lot & Garage Storage Facility Furniture & Home Goods Cafe & Coffee Shop Nail Salon Dental Office Grocery & Convenience Store Grocery & Convenience Store Restaurant Real Estate Agency

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Self storage facility - Self-storage facility with 45 rentable units and expansion potential.
Where is this self storage facility located?
The property is located at 51 Green Street Warm Springs, GA.
What is the asking price?
The asking price for this property is $300,000.
What are key features of this property?
This property features: 45 rentable self‑storage units with roll‑up doors; Located in Warm Springs, GA; Tenants currently in place
Contact an agent
More about this property
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