255 McCormick Rd SW | Cartersville, GA 30120
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- LoopNet Team
255 McCormick Rd SW
Cartersville, GA 30120
Euharlee Storage · Specialty Property For Sale
·
29,120 SF
INVESTMENT HIGHLIGHTS
- Expansion opportunity included in the sale with an undeveloped 1.57 acre parcel
- Limited supply in a 3-mile radius with only 8.5 square feet per capita currently, and no projects currently in the development pipeline
- Cash flowing asset with the ability to add more square footage or parking immediately
- Well below market rents with 15% – 25% upside on non-climate controlled units
- Solid average household and median income levels in a 3-mile radius, with over $85,000 and $71,000 per year, respectively
- Population growth of 0.30% projected annually for the next 5 years. Very minimal amount of income being captured by tenant insurance and admin fees
PROPERTY FACTS
| Property Type | Specialty | Building Size | 29,120 SF |
| Property Subtype | Self-Storage | No. Stories | 1 |
| Building Class | B | Year Built | 2004 |
| Lot Size | 7.39 AC | ||
| Zoning | C-1 - Commercial | ||
| Property Type | Specialty |
| Property Subtype | Self-Storage |
| Building Class | B |
| Lot Size | 7.39 AC |
| Building Size | 29,120 SF |
| No. Stories | 1 |
| Year Built | 2004 |
| Zoning | C-1 - Commercial |
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $602,270 | |
| Land Assessment | $140,000 | Total Assessment | $742,270 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$140,000
Improvements Assessment
$602,270
Total Assessment
$742,270
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