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Investment Highlights

  • Prime Location
  • High Traffic Volume – The property is located near a major shopping center, which includes a well-known supermarket, ensuring high drive-by visibility
  • Strong Demand for Self-Storage

Executive Summary

Prime Location – The site is situated near U.S. Highway 29, a major thoroughfare with significant traffic, providing excellent visibility and accessibility.
Strong Demand for Self-Storage – Current facilities in the market are at over 85% occupancy, indicating a strong demand for storage space.
Growing Residential Market – The area is experiencing significant residential growth, with 2,000 apartment units under development within one mile of the site, creating a steady influx of potential customers.
High Traffic Volume – The property is located near a major shopping center, which includes a well-known supermarket, ensuring high drive-by visibility.
Limited Modern Competition – Most competing self-storage facilities in the area are older, first-generation facilities that lack modern amenities such as climate control and security.
Zoning & Permitting Approved – The site has received zoning approval for self-storage development, significantly reducing regulatory risk and allowing a clear path toward permitting and project execution.

Property Facts

Price $975,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Office
  • Fast Food
  • Self Storage
Total Lot Size 3.39 AC
Zoning C-G

1 Lot Available

Lot

Price $975,000
Price Per AC $287,610.62
Lot Size 3.39 AC

Property spans over 3.39 acres and boasts 100,000+ gross square feet, offering immense potential for development in a high-growth area. With visibility from Hwy 29, the property presents a prime location for maximum exposure and accessibility.

Description

Discover an exceptional investment opportunity at 115 McClung Dr in Athens, GA, where zoning for self-storage development has been fully approved, significantly reducing entitlement risk and accelerating the path to development. The expansive 2.138-acre site offers 90,000+ proposed gross square feet and is ideally positioned within a high-growth corridor. With strong visibility from Hwy 29, the property benefits from excellent exposure and accessibility. The surrounding area continues to experience substantial residential expansion, with over 2,000 units approved or under development within a one-mile radius, including multifamily communities, senior housing, and new single-family neighborhoods. This concentrated growth underscores increasing demand for convenient, nearby storage solutions. Strategically positioned in a thriving Athens submarket, 115 McClung Dr presents a compelling, shovel-ready opportunity for investors seeking to capitalize on strong market fundamentals and long-term growth. For more information and full OM, visit www.saulscre.com.

Somewhat walkable
30/100
Exceptionally drivable
100/100
  • Listing ID: 35177935

  • Date on Market: 3/18/2025

  • Last Updated:

  • Address: 115 McClung Rd, Athens, GA 30601

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