3465 Rome SW Rd, Plainville, GA 30733
- Warehouses
- 2,600 SF
- 1.50 lot acres
Current Use by Public Records
- Plainville Storage / Storage Facility
Property Details for 3465 Rome SW Rd
- Year built
- 2019
- Lot size
- 1.50 lot acres
- Zone code
- C-G
- Property type
- Warehouses
- Property subtype
- Self storage facilities
- APN
- 027 - -051A
- APU
- 027051A
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Jan 13, 2022 | $760,000 | Plainville Storage LLC | Any Time Storage LLC | Warranty Deed | $630k · River City Bank |
| May 25, 2021 | — | Any Time Storage LLC | — | Deed · related | $368k · Heritage First Bank |
| Oct 30, 2020 | — | Any-time Storage LLC | — | Deed Of Trust · related | $168k · Heritage First Bk |
| Apr 20, 2020 | — | Any Time Storage LLC | — | Deed · related | $206k · Heritage First Bk |
| Apr 10, 2019 | — | B J Wilson | Wilson,buford J | Quit Claim Deed · related | — |
| Apr 10, 2019 | $75,000 | Anytime Storage LLC | Wilson B J & A G L/tr | Grant Deed | — |
| — | — | Any Time Storage LLC | — | Loan Modification · related | $206k · Heritage First Bk |
Description
This exceptional 15,320-square-foot self-storage facility in Plainville, Georgia, presents a compelling investment opportunity. Boasting a 6.51% cap rate and a pro-forma cap rate of 9.06%, the property offers significant potential for growth. Built in 2019 and renovated in 2023, the facility comprises three buildings situated on a 1.5-acre lot. The 126 units include 104 non-climate-controlled units, 18 portable units added in 2023, and 4 outdoor parking spaces. Recent improvements include a new camera system, enhanced lighting, and grading improvements to the property. Currently operating at 80% occupancy, the property generates a net operating income (NOI) of $86,248, with a pro-forma NOI of $120,063. Located in an undersupplied market, this facility offers a strong value proposition with a per capita net rentable square foot (NRSF) of 5.23 within a three-mile radius and 5.61 within a five-mile radius. The asking price is $1,325,000. This is a turnkey operation ready for immediate income generation and future expansion.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $805,000
- ML approach
- $770,000
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Plainville
- County
- Gordon
- State
- Georgia
- Longitude
- -85.009
- Latitude
- 34.4132
- CBSA code
- 15660
- CBSA name
- CALHOUN, GA MICROPOLITAN STATISTICAL AREA
