4299 Interstate Dr Macon, GA 31210

This stabilized Class B self-storage facility, located at 4299 Interstate Dr, Macon, GA 31210, presents a compelling investment opportunity. The property, built in 2004, comprises eight single-story buildings totaling 38,000 square feet, with 35,700 net rentable square feet. The 2.83-acre lot features 222 units: 179 drive-up, 42 interior, and one parking space. Currently operating at 76.68% occupancy (as of September 1, 2024), the property offers significant upside potential through rental rate increases and improved occupancy. The current NOI is $102,000, with a pro-forma NOI of $140,000. The asking price is $2,800,000, representing a 6.15% cap rate and a price per square foot of $73. The property is owner-managed and benefits from a gross lease structure. The 9-foot ceiling height and convenient Interstate Drive location (67 AADT traffic count) contribute to its appeal. The property is zoned commercial and features a Bibb County APN of K008-0246. In-place rental rates average $0.48 per square foot. The property's website is eagleselfstoragega.com/self-storage-macon-ga-f2364. This is a private, owner-operated asset.