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Gated Garage Storage Condominium
For Sale
$214,900

6034 Lanier Islands Pkwy, Buford, GA 30518

Flexible condominium storage space accommodates vehicles, equipment, inventory, and customized private-use needs.

Property Size900 SF
Price / SF$238.78
Days on Market90

Property Features for 6034 Lanier Islands Pkwy

General Information

Standard status Active
Size 900 SF

Building Details

Year Built 2025
Listing Agency: Resideum Real Estate
Listed By: Greg Kurzner · License #154646
Source: Jetsetrealty
Added: Jul 10 Changed: Sep 24 Last Checked: Oct 5 at 9:21PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Resideum Real Estate

Investment Insights

Based on property information with market context.

This 2025 self-storage property offers garage condominium units within a gated setting at 6034 Lanier Islands Parkway F in Buford. The 900-square-foot space can support storage for boats, jet skis, vehicles, business inventory, contractor equipment, or hobby materials. Multiple unit sizes and upgrade options are available, allowing owners to tailor their individual space.

The property is positioned near Lake Lanier and I-985, providing context for recreational storage and access to the surrounding area. The condominium format gives users control over a dedicated garage environment that can be organized or customized for their stated storage needs.

Key Highlights

  • 900‑square‑foot garage condominium unit
  • 2025 construction
  • Gated condominium storage setting

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$9,351
Cap Rate
4.35%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$187,020 $187.0K
Cap Rate 7%
$133,586 $133.6K
Cap Rate 9%
$103,900 $103.9K
Market Conditions
NOI Build-Up for 900 SF
Gross rent
$14.4K $15.96/SF
− Vacancy
−$1.0K −$1.12/SF
EGI
$13.4K $14.84/SF
− OpEx
−$4.0K −$4.45/SF
NOI
$9.4K $10.39/SF
Area
Gwinnett County, GA
Vacancy
7.00%
Lease Rate
$15.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$187,020
Cap Rate 7%
$133,586
Cap Rate 9%
$103,900

Alternative Uses

Best Use
Self Storage
$133.6K
$116.9K – $155.9K (±1% cap)
NOI $9,351 @ 7.0% cap · market cap 4.35%
Second Best
Warehouse
$94.4K
$82.6K – $110.1K (±1% cap)
NOI $6,607 @ 7.0% cap · market cap 3.07%
Theoretical Best
Office A
$251.6K
$220.1K – $293.5K (±1% cap)
NOI $17,611 @ 7.0% cap · market cap 8.19%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Storage Caves Storage Facility

Suggested Use

Top Pick Real Estate Agency Restaurant Parking Lot & Garage Spa & Massage Center Building Supply HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

135
Businesses Nearby

Demographics for 30518, GA

56,149
Population
19,435
Households
2.9
Avg Household Size
36
Median Age
40%
College-Educated
88%
High-School Grad
40.0 sq mi
ZIP Area
1,404
Density / Sq Mi
$97,339
Median Household Income
$46,683
Median Earnings
$1,611
Median Rent
$367,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Self storage facility - Flexible condominium storage space accommodates vehicles, equipment, inventory, and customized private-use needs.
Where is this self storage facility located?
The property is located at 6034 Lanier Islands Pkwy Buford, GA.
What is the asking price?
The asking price for this property is $214,900.
What are key features of this property?
This property features: 900‑square‑foot garage condominium unit; 2025 construction; Gated condominium storage setting
More about this property
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