526 Bowens Mill Rd Douglas, GA 31533
- Self storage facilities
- 1.48 lot acres
Current Use by Public Records
- BE Safe Climate Storage / Self-Storage Facility
Property Details for 526 Bowens Mill Rd
- Year built
- 2023
- Lot size
- 1.48 lot acres
- Property type
- Self storage facilities
Description
This exceptional Class A self-storage facility presents a compelling lease-up investment opportunity in Douglas, Georgia. Boasting 16,250 square feet of net rentable space, the property comprises 133 climate-controlled units within a single-story building on a 1.48-acre lot. Constructed in 2023, the facility currently enjoys a 37% occupancy rate, having opened in October of that year. The strong performance to date indicates significant upside potential. Key features include 24/7 access, a fully fenced perimeter, and comprehensive video surveillance for enhanced security. Its strategic location on Bowens Mill Road (6,900 vehicles per day), a major thoroughfare, provides excellent visibility and accessibility. The property benefits from proximity to numerous retail anchors, including Chick-fil-A, Harveys Supermarket, Lowe's, Starbucks, Publix, and a Walmart Distribution Center. South Georgia State College is also conveniently located within a short distance. The limited availability of climate-controlled storage units in the area further strengthens the property's competitive advantage and projected growth. The asking price is $2,400,000, translating to approximately $18,045 per unit. This represents a rare opportunity to acquire a high-quality, strategically located self-storage asset with substantial growth potential in a thriving market. The property's strong fundamentals and favorable market conditions make it an attractive investment for discerning buyers seeking significant returns.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Douglas
- County
- Coffee
- State
- Georgia
- Longitude
- -82.8743
- Latitude
- 31.5044
