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    1614 Shotwell St Bainbridge, GA 39819

    Sponsored
    For Sale
    $3,400,000

    Climate-controlled storage facility with expansion potential.

    Property size:
    22,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 5.63-acre commercial property in Bainbridge, Georgia, presents a lucrative investment opportunity. Located at 1614 Shotwell St, in Decatur County, zip code 39819 (30.9037213, -84.5504764), the property boasts a substantial 22,000 square foot climate-controlled storage facility currently operating at 98% occupancy. The facility comprises 144 individual storage units and includes 1,260 square feet of hallways and entryways. An additional 9,000 square feet of office space is also included within the existing structure. The property's current configuration offers immediate income generation, while the remaining acreage provides significant potential for future development. Phase II plans include an additional 8,200 square feet of climate-controlled storage, leveraging the existing infrastructure and expanding the facility's capacity. The asking price for this turnkey operation is $3,400,000. This property is ideal for investors seeking a strong return on investment in a thriving Georgia market. The existing facility's high occupancy rate demonstrates the strong demand for climate-controlled storage in the area, making this a compelling opportunity for growth and expansion.

    Property Features for 1614 Shotwell St

    General Information

    Property type
    Land
    Square Feet
    22,000 SF
    Lot Size
    245,243 SF

    HighLights

    • $3,400,000 asking price.
    • 22,000 square foot climate‑controlled storage facility with 144 units and 98% occupancy.
    • 5.63‑acre lot.
    • Located at 1614 Shotwell St, Bainbridge, GA 39819.
    • Includes 9,000 square feet of office space.
    • Phase II development potential with additional acreage for future expansion.
    Property Profile Location Intelligence

    Current Use by Public Records

    American Self Storage Storage Facility Brock Rentals Apartment Building

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Auto Repair Shop Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Bainbridge
    County
    Decatur
    State
    Georgia
    Longitude
    -84.5504764
    Latitude
    30.9037213

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    FAQs

    What type of property is this?
    Land - Climate-controlled storage facility with expansion potential.
    Where is this land located?
    The property is located at 1614 Shotwell St Bainbridge, GA.
    What is the asking price?
    The asking price for this property is $3,400,000.
    What are key features of this property?
    This property features: $3,400,000 asking price.; 22,000 square foot climate-controlled storage facility with 144 units and 98% occupancy.; 5.63-acre lot.
    Request Owner's contact information
    1614 Shotwell St Bainbridge, GA 39819
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1614 Shotwell St Bainbridge, GA 39819
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