Fenced Self-Storage
For Sale
$534,000
Pending
127 Commerce Street, Fayetteville, GA 30214
Commercial Sale, Fayetteville, GA
Property Size6,400 SF
Lot Size2.05 Acres
Days on Market101
Property Features for 127 Commerce Street
General Information
Property type
Commercial Sale
Property subtype
Other
Parking
30
Fencing
Fenced, Chain Link
Directions
Passing through Fayetteville, GA on Hwy 138 you will turn south on Commerce Street. The facility is located at the end of the street. There is a car mechanic on the right and the facility is on the left. You'll see the electric gate. GPS friendly.
Subdivision
Other Counties
Standard status
Pending
APN
130501036
Size
6,400 SF
Lot size
2.05 Acres
Taxes and HOA fees
Tax Description
127 Commerce St
Legal Description
127 Commerce St
Building Details
Year built
1990
Number of units
1
Building materials
Metal Siding
Roof type
Metal
Listing Agency:
Fesperman Real Estate
(912) 283-1181
Listed By:
Harriet Bowman · License #368034
(912) 281-6178
Added: May 14
Changed: Aug 19
Last Checked: Aug 22 at 4:06PM
MLS# 1661877
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.
This self-storage property includes 6,400 square feet of storage units across 46 units on a 2.05-acre site. Fourteen units are equipped with roll-up doors serving both the front and rear, supporting flexible loading access. The improvements were built in 1990 and feature metal siding and a metal roof.
The property also provides 47 outdoor parking spaces for large vehicles, with most spaces occupied by commercial tenants. Chain-link fencing encloses the facility, while an electric gate with keypad entry controls access. Located at 127 Commerce Street in Fayetteville, Georgia, the site includes room for additional building expansion, subject to applicable approvals and site requirements.
The property also provides 47 outdoor parking spaces for large vehicles, with most spaces occupied by commercial tenants. Chain-link fencing encloses the facility, while an electric gate with keypad entry controls access. Located at 127 Commerce Street in Fayetteville, Georgia, the site includes room for additional building expansion, subject to applicable approvals and site requirements.
Key Highlights
- 2.05‑acre self‑storage property with 6,400 square feet of storage units
- 46 total storage units, including 14 with roll‑up doors on both front and back
- 47 outdoor parking spaces for large vehicles
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$46,981
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
8.80%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$939,620
$939.6K
Cap Rate 7%
$671,157
$671.2K
Cap Rate 9%
$522,011
$522.0K
Market Conditions
NOI Build-Up for 6,400 SF
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.
Gross rent
$60.7K $9.48/SF
− Vacancy
−$5.4K −$0.84/SF
EGI
$55.3K $8.64/SF
− OpEx
−$8.3K −$1.30/SF
NOI
$47.0K $7.34/SF
Area
Fayette County, GA
Vacancy
8.90%
Lease Rate
$9.48 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$939,620
Cap Rate 7%
$671,157
Cap Rate 9%
$522,011
Alternative Uses
Best Use
Self Storage
$949.9K
$831.2K – $1.11M
NOI $66,496 @ 7.0% cap · market cap 12.45%
Second Best
Warehouse
$671.2K
$587.3K – $783.0K
NOI $46,981 @ 7.0% cap · market cap 8.80%
Theoretical Best
Office A
$1.79M
$1.57M – $2.09M
NOI $125,233 @ 7.0% cap · market cap 23.45%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
183
Businesses Nearby
Explore this area
Business Placement
Demographics for 30214, GA
32,135
Population
12,680
Households
2.5
Avg Household Size
45
Median Age
37%
College-Educated
92%
High-School Grad
52.7 sq mi
ZIP Area
610
Density / Sq Mi
$87,138
Median Household Income
$48,400
Median Earnings
$1,599
Median Rent
$338,300
Median Home Value
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Self storage facility - Self-storage property with secured outdoor parking for commercial vehicles and enclosed metal storage improvements.
Where is this self storage facility located?
The property is located at 127 Commerce Street Fayetteville, GA.
What is the asking price?
The asking price for this property is $534,000.
What are key features of this property?
This property features: 2.05‑acre self‑storage property with 6,400 square feet of storage units; 46 total storage units, including 14 with roll‑up doors on both front and back; 47 outdoor parking spaces for large vehicles
