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Property profile & analytics
OFF-MARKET Estimated value $505,000
Warehouses

173 Athens St Winder, GA 30680

4,080 SF 0.73 ac lot Built 1984
Entity Owned 1-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US22-0942548
Property summary
AI-generated overview

This exceptional investment opportunity presents a thriving mini-storage warehouse located at 173 W. Athens Street in the heart of Downtown Winder, Georgia. Situated on a 0.76-acre lot, this facility comprises 96 units catering to diverse storage requirements. The unit mix includes twelve 10x20' units renting at $150 per month each, thirty-six 10x10' units at $95 per month each, and forty-eight 5x10' units renting for $75 per month each. Adding to the income potential, ten 10x20' parking spaces are available, each generating $50 in monthly rental income. Recent upgrades significantly enhance the property's value and operational efficiency. These improvements include new signage, a complete electrical system overhaul featuring LED security lighting, a new breaker panel, and a new service entrance panel. The property benefits from its strategic location within the City of Winder, GA Opportunity Zone, enjoying high visibility with a daily traffic count of 11,500 vehicles, according to GDOT Traffic Data. Projected monthly income totals $9,320, translating to an annual projected income of $111,840. This well-maintained facility offers a compelling investment opportunity with strong potential for future growth and substantial returns in a vibrant downtown setting.

Property profile
Verified
Property type Warehouses
Use group MINI-WAREHOUSE, STORAGE
Year built 1984
Construction STEEL FRAME
Total area 4,080 SF
Lot 0.73 ac (31,592 SF)
Zoning code B-1
APN WN12 534
UPID US22-0942548
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Fort Knox Self Storage Storage Facility
  • Winder Mini Warehouses Storage Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$485k
CAP Approach CAP
$650k
Comparable Approach Comparable
$373k
Blend (final) Blend
$505k
Owner & transaction history
White Raven LLC · 1 yrs held
White Raven LLC
since 2025
Last sale
$475,000
4 recorded transactions
2025
$525,000
2023
$475,000
2020
$307,500
2011
Price N/A
Zoning & alternative use
B-1 · Winder, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores $590,000 +41.8%
Commercial (general) $565,000 +36.4%
Auto repair, garage $535,000 +28.9%
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