Warehouse with Loading and
For Sale
$1,200,000
205 Old Perry Road, Bonaire, GA 31005
COMMERCIAL - Bonaire, GA
Property Size8,900 SF
Lot Size2.20 Acres
Price / SF$134.83
Days on Market86
Property Features for 205 Old Perry Road
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
C2
Subdivision
96 to Mossy Creek
Standard status
Active
Size
8,900 SF
Lot size
2.20 Acres
Utilities
Heating system
Central, Electric (Heating)
Cooling system
Electric, Central Air
Listing Agency:
GOLDEN KEY REALTY
(478) 929-4444
Listed By:
Nicholas Horne
(478) 230-3882
Added: May 8
Changed: Jul 10
Last Checked: Aug 1 at 4:06AM
MLS# 262831
Copyright © 2026 Central Georgia MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This property offers a spacious warehouse designed to support industrial, distribution, retail, or mixed-use operations. Shipping and receiving are supported by four loading bays, and there is a separate storage building in the rear for additional inventory or equipment space. The facility also includes a fully integrated security system with cameras and intercom access throughout.
An adjoining smaller retail space is included, previously operated as a massage studio. That space contains three private offices and can accommodate office, salon/wellness, or retail use based on the existing layout.
The property is zoned C2 and sits on approximately 2.2 acres at 205 Old Perry Road in Bonaire, Georgia, within Houston County.
An adjoining smaller retail space is included, previously operated as a massage studio. That space contains three private offices and can accommodate office, salon/wellness, or retail use based on the existing layout.
The property is zoned C2 and sits on approximately 2.2 acres at 205 Old Perry Road in Bonaire, Georgia, within Houston County.
Key Highlights
- Spacious warehouse with 4 loading bays for shipping and receiving
- Rear separate storage building for additional inventory or equipment space
- Integrated security system with cameras and intercom access throughout the facility
Financial Insights For Flex RnD
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $115.3k | $12.96 |
| − Vacancy | −$9.2k | −$1.04 |
| EGI | $106.1k | $11.92 |
| − OpEx | −$37.1k | −$4.17 |
| NOI | $69.0k | $7.75 |
8,900 SF · lease $12.96/SF/yr · vacancy 8.00% · expense 35.00%
Alternative Uses
Best Use
Retail
$1.59M
$1.39M – $1.86M
NOI $111,501 @ 7.0% cap · market cap 9.29%
Second Best
Flex RnD
$985.4K
$862.2K – $1.15M
NOI $68,976 @ 7.0% cap · market cap 5.75%
Theoretical Best
Office A
$1.92M
$1.68M – $2.24M
NOI $134,465 @ 7.0% cap · market cap 11.21%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
4
Dock-high doors
3
Office units
Location Intelligence
Trade Area within ½ mile
137
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 31005, GA
20,531
Population
7,514
Households
2.7
Avg Household Size
36
Median Age
41%
College-Educated
96%
High-School Grad
23.1 sq mi
ZIP Area
889
Density / Sq Mi
$107,071
Median Household Income
$58,603
Median Earnings
$1,248
Median Rent
$247,800
Median Home Value
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - Warehouse includes four loading bays and a rear storage building, plus an adjoining retail space with three private offices.
Where is this flex space located?
The property is located at 205 Old Perry Road Bonaire, GA.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: Spacious warehouse with 4 loading bays for shipping and receiving; Rear separate storage building for additional inventory or equipment space; Integrated security system with cameras and intercom access throughout the facility