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Warehouse with Loading and Retail
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
Listed By: Nicholas Horne
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.

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 (±1% cap)
NOI $111,501 @ 7.0% cap · market cap 9.29%
Second Best
Flex RnD
$985.4K
$862.2K – $1.15M (±1% cap)
NOI $68,976 @ 7.0% cap · market cap 5.75%
Theoretical Best
Office A
$1.92M
$1.68M – $2.24M (±1% cap)
NOI $134,465 @ 7.0% cap · market cap 11.21%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

A.D.A. Supplies, Inc. Big Box & Wholesale Store

Suggested Use

Top Pick Auto Repair Shop Big Box & Wholesale Store HVAC Service Law Firm Electrical Service Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Dock-high doors
3
Office units

Location Intelligence

Trade Area within ½ mile

137
Businesses Nearby
Balanced
Demand for This Use

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

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

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
More about this property
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