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1015 S Church St - Meigs Self Storage 5,400 SF Specialty Building Offered at $255,000 in Meigs, GA 31765
Investment Highlights
- Only Self Storage Facility in Meigs, GA
- Room to Increase Rents
- Ability to be Managed Remotely (Reduced Expenses)
- 92% Physical Occupancy
- 33,000+/- SF of Land Available for Expansion
Executive Summary
Meigs Mini Storage is a 50 unit, non climate controlled self storage facility totaling approximately 5,400 rentable square feet on approximately 1.3 acres in the center of Meigs, Georgia. As of July 31, 2026, the property was 92% physically occupied with 46 of 50 units rented. The facility is centrally located near the community center and post office and is the only self storage facility in Meigs.
The investment opportunity offers multiple avenues for value creation through rent growth, operational efficiencies, and future expansion. The July 31 rent roll reflects $2,190 of monthly in place rental rates and $2,480 of scheduled standard rate rent, compared with $2,660 of full property monthly standard GPR, representing approximately $5,640 of annual base rent upside. Approximately 33,000 square feet of excess land provides additional potential for future self storage or Boat/RV parking, subject to applicable approvals. Remote management and automation offer further opportunity to improve operating efficiency.
The investment opportunity offers multiple avenues for value creation through rent growth, operational efficiencies, and future expansion. The July 31 rent roll reflects $2,190 of monthly in place rental rates and $2,480 of scheduled standard rate rent, compared with $2,660 of full property monthly standard GPR, representing approximately $5,640 of annual base rent upside. Approximately 33,000 square feet of excess land provides additional potential for future self storage or Boat/RV parking, subject to applicable approvals. Remote management and automation offer further opportunity to improve operating efficiency.
Property Facts
| Price | $255,000 | Lot Size | 1.30 AC |
| Price Per SF | $47.22 | Building Size | 5,400 SF |
| Sale Type | Investment | No. Stories | 1 |
| Property Type | Specialty | Year Built | 2006 |
| Property Subtype | Self-Storage | Parking Ratio | 0.93/1,000 SF |
| Building Class | B | Opportunity Zone |
Yes
|
| Zoning | C 2 - Commercial | ||
| Price | $255,000 |
| Price Per SF | $47.22 |
| Sale Type | Investment |
| Property Type | Specialty |
| Property Subtype | Self-Storage |
| Building Class | B |
| Lot Size | 1.30 AC |
| Building Size | 5,400 SF |
| No. Stories | 1 |
| Year Built | 2006 |
| Parking Ratio | 0.93/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | C 2 - Commercial |
Somewhat walkable
20/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | MG-006052 | Improvements Assessment | $30,948 |
| Land Assessment | $3,767 | Total Assessment | $34,715 |
Property Taxes
Parcel Number
MG-006052
Land Assessment
$3,767
Improvements Assessment
$30,948
Total Assessment
$34,715
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1015 S Church St - Meigs Self Storage