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431 S Mock Rd - Mock Road Mini Storage 67,450 SF Specialty Building Offered at $3,720,000 at a 5.16% Cap Rate in Albany, GA 31705



INVESTMENT HIGHLIGHTS
- Recent climate controlled expansion completed in 2024.
- Below replacement cost offering at $55 per rentable square foot.
- Limited self-storage supply with 8.86 square feet per capita in a 3-mile radius and 5.97 in a 5-mile radius (according to TractIQ).
- Local, mom-and-pop management in-place with very little advertising being done and a minimal online presence.
- Attractive stabilized returns upon reaching 90%+ occupancy.
- Located just under 2 miles from “Marine Corps Logistics Base (MCLB) Albany” which provides thousands of jobs to soldiers and local civilians.
EXECUTIVE SUMMARY
Broker of Record
Bill Pedersen
License # 80041 (GA)
Matthews
1600 West End, Ste. 1500 Nashville, TN 37203
(866) 889-0550
Bill Pedersen
License # 80041 (GA)
Matthews
1600 West End, Ste. 1500 Nashville, TN 37203
(866) 889-0550
PROPERTY FACTS
| Price | $3,720,000 | Building Class | C |
| Price Per SF | $55.15 | Lot Size | 5.36 AC |
| Sale Type | Investment | Building Size | 67,450 SF |
| Cap Rate | 5.16% | No. Stories | 1 |
| Property Type | Specialty | Year Built | 2002 |
| Property Subtype | Self-Storage |
| Price | $3,720,000 |
| Price Per SF | $55.15 |
| Sale Type | Investment |
| Cap Rate | 5.16% |
| Property Type | Specialty |
| Property Subtype | Self-Storage |
| Building Class | C |
| Lot Size | 5.36 AC |
| Building Size | 67,450 SF |
| No. Stories | 1 |
| Year Built | 2002 |
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PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $496,040 | |
| Land Assessment | $26,960 | Total Assessment | $523,000 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$26,960
Improvements Assessment
$496,040
Total Assessment
$523,000
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431 S Mock Rd - Mock Road Mini Storage
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