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51 W Adams St
Forsyth, GA 31029
Gray Line Storage · Specialty Property For Sale · 14,236 SF

INVESTMENT HIGHLIGHTS

  • Very strong performer with occupancy above 90%
  • Only 5.4 square feet per capita in a 3-mile radius, well below the national average
  • Located right off of the main thoroughfare of Forsyth
  • Extremely limited climate controlled space in this market – Only one competitor with climate controlled units available
  • Room to increase both in-place rental rates, as well as street rates when comparing to only competitor in the market
  • Steady annual population growth since 2010 of 0.90%, with annual population growth projected for the next 5 years at 0.90%

PROPERTY FACTS

Property Type Specialty
Property Subtype Self-Storage
Building Class C
Lot Size 0.53 AC
Building Size 14,236 SF
No. Stories 1
Year Built 1994
Parking Ratio 0.91/1,000 SF
Zoning C-3 - Commercial and office district

AMENITIES

  • Property Manager on Site
  • Signage
  • Air Conditioning

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
F26-108
Land Assessment
$17,520
Improvements Assessment
$154,960
Total Assessment
$172,480
  • Listing ID: 29626656

  • Date on Market: 9/26/2023

  • Last Updated:

  • Address: 51 W Adams St, Forsyth, GA 31029

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