Macon Self-Storage Value-Add
For Sale
Contact for pricing
Pending
3968 Mercer University, Macon, GA 31204
161-unit self-storage facility for sale in Macon, Georgia.
Property Size26,200 SF
Lot Size1.62 Acres
Days on Market168
Property Features for 3968 Mercer University
General Information
Standard status
Pending
Size
26,200 SF
Lot size
1.62 Acres
Property subtype
Self Storage
Zoning
C2
Investment Type
Value Add
Building Details
Year Built
2005
Units
161
Listing Agency:
KW Commercial
(205) 283-6391
Listed By:
Jason Koenig · License #000079766-2
Source:
Crexi
Added: Feb 26
Changed: Aug 8
Last Checked: Jul 24 at 6:29AM
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 KW Commercial
Investment Insights
Based on property information with market context.
Located along a high-visibility commercial corridor in Macon, Georgia, the property at 3968 Mercer University Drive is a 161-unit self-storage facility, presenting a value-add opportunity to reposition the asset. Constructed in 2004, the property consists of 26,200 square feet across two buildings on 1.62 acres. The property is zoned C2 Commercial and located off a high-traffic four-lane road. The facility demonstrated leasing momentum with 31 move-ins in Q1 2023 and 43 move-ins in Q2 2023. At stabilization, the gross potential rent was $16,236 during the Q2 reporting period. The primary physical deficiency involves damaged unit doors requiring replacement. The core infrastructure, including buildings, paving, layout, and utilities, remains intact. The property is located within the 31204 trade area with a population of 29,107 and a median household income of $43,032. Nearby I-75 traffic counts exceed 96,000 vehicles per day. The property had good curb appeal and visibility at the time of inspection, with no known environmental concerns and located outside the 100- and 500-year floodplains. The market vacancy in the area is 7%.
Key Highlights
- Value‑add opportunity to reposition a formerly thriving 161‑unit self‑storage facility.
- Demonstrated rental velocity and strong historic occupancy (83.4%+) prior to operational challenges.
- Located in a submarket with strong self‑storage consumer base demographics.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
254
Businesses Nearby
Explore this area
Business Placement
Demographics for 31204, GA
30,512
Population
15,578
Households
2
Avg Household Size
38
Median Age
22%
College-Educated
84%
High-School Grad
14.6 sq mi
ZIP Area
2,090
Density / Sq Mi
$38,478
Median Household Income
$32,586
Median Earnings
$917
Median Rent
$123,700
Median Home Value
Market
Vacancy Rate% for Industrial in South region
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Frequently Asked Questions
What type of property is this?
Self storage facility - 161-unit self-storage facility for sale in Macon, Georgia.
Where is this self storage facility located?
The property is located at 3968 Mercer University Macon, GA.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: Value‑add opportunity to reposition a formerly thriving 161‑unit self‑storage facility.; Demonstrated rental velocity and strong historic occupancy (83.4%+) prior to operational challenges.; Located in a submarket with strong self‑storage consumer base demographics.
