CRESCENT DRIVE STORAGE DEVELOPMENT OPPORTUNITY

Crescent Dr, GAINESVILLE, GA 30501

This is a prime shovel-ready self-storage development opportunity in Gainesville, GA, located in a rapidly growing metro area within Atlanta's periphery. The property spans 2.74 acres at 410 Crescent Drive, Gainesville, and features significant visibility from Interstate 985 in Hall County, a high-growth region. The area boasts substantial residential development, with over 1,000 units under construction within a three-mile radius, contributing to a favorable market for self-storage.


List Price: $1,300,000

2.74 Acres

626 Planned Units

15.72 Market Rents

56,799 5-Mile Population

1,009 Residentials Units Under Construction in 3 miles

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Attachments

Highlights

  • Stabilized CAP incl. cost to build: 8.3%
  • 6 Year Levered IRR: 16% (Includes 12 Months to build and 5 years of operation)
  • Ability to add additional floor if desired (Approx. 18,000 NRSF)
  • Visibility from Interstate 985 in high growth area of Hall County

Contacts

broker

Eric Jones

Oakside Companies

broker

Cameron Vale

Oakside Companies

Location

Getting Around

  • Walk Score ®

    18/100 Car-Dependent

  • Bike Score ®

    8/100 Somewhat Bikeable
Powered by Walk Score ®
  • City GAINESVILLE, GA
  • Neighborhood TM Forrester Estate
  • Zip Code 30501
  • Market Atlanta

Points of Interest

  • Gainesville

    2.66 miles

  • QuikTrip

    0.55 miles

  • BP

    0.61 miles

  • Chevron

    0.66 miles

  • Racetrac

    1.04 miles

  • Kangaroo Express

    1.46 miles

  • Valero

    1.55 miles

  • Chevron

    1.56 miles

  • Valero

    1.67 miles

  • Citgo

    2.29 miles

  • Chevron

    2.33 miles

  • GSC L Parking Lot

    7.00 miles

  • Park and Ride

    7.07 miles

  • UNG Parking Deck

    7.14 miles

  • Parking Lot J

    7.15 miles

  • Parking Lot I

    7.17 miles

  • Parking Lot N

    7.17 miles

  • Parking Lot O

    7.19 miles

  • Parking Lot Q

    7.19 miles

  • Parking Lot K

    7.20 miles

  • GSC M Parking Lot

    7.26 miles

  • Holiday Inn

    2.39 miles

  • Motel 6

    2.42 miles

  • Hampton

    2.74 miles

  • The Guest Lodge

    2.85 miles

  • Budgetel Inn & Suites

    2.96 miles

  • America's Best Value Inn

    2.99 miles

  • Super 8 by Wyndham Gainesville

    3.10 miles

  • Hilton Garden Inn Gainesville

    3.99 miles

  • TownePlace Suites Gainesville

    4.04 miles

  • Fairfield Inn & Suites Gainesville

    4.04 miles

  • Taco Bell

    0.50 miles

  • McDonald's

    0.58 miles

  • Rabbittown Cafe

    0.69 miles

  • Waffle House

    1.50 miles

  • Mellow Mushroom

    2.22 miles

  • Burger King

    2.23 miles

  • Dairy Queen

    2.24 miles

  • Little Caesars

    2.32 miles

  • Church's Chicken

    2.33 miles

  • Schlotzsky's

    2.34 miles

  • White Sulphur School

    0.94 miles

  • Lakeview Academy

    1.01 miles

  • Gainesville Middle School

    1.09 miles

  • River Bend School

    1.69 miles

  • Fair Street School

    1.87 miles

  • Candler Street School

    2.11 miles

  • Brenau University

    2.12 miles

  • Brenau Academy

    2.14 miles

  • R E Butler Mental Retardation School

    2.22 miles

  • Westminster Christian School

    2.40 miles

Frequently Asked Questions

How much does CRESCENT DRIVE STORAGE DEVELOPMENT OPPORTUNITY cost?

The space currently listed for sale at CRESCENT DRIVE STORAGE DEVELOPMENT OPPORTUNITY asks for $1,300,000.

What is the total square footage of CRESCENT DRIVE STORAGE DEVELOPMENT OPPORTUNITY?

CRESCENT DRIVE STORAGE DEVELOPMENT OPPORTUNITY totals 72,000 square feet.

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