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Warehouse and Automotive Flex Property

494 S Hwy 247 Bonaire, GA 31005

494 S Hwy 247, Bonaire, GA, 31005
$629,700
For Sale
$629,700

COMMERCIAL - Bonaire, GA

Property Size2,940 SF
Lot Size0.05 Acres
Price / SF$214.18
Days on Market25

Property Features for 494 S Hwy 247

General Information

Property type
Commercial Sale
Property subtype
Other
Zoning
C2
Standard status
Active
Size
2,940 SF
Lot size
0.05 Acres

Utilities

Heating system
Heat Pump (Heating)
Cooling system
Heat Pump
Listing Agency LANDMARK REALTY
902 Northside Drive, Perry, GA
Listed by Laura Branham · License #356996
Added: Jun 23 Checked: Jul 17 at 4:06 pm
MLS# 263783

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.

Located at 494 S Hwy 247 in Bonaire, this compact flex property is listed for sale in Houston County and is zoned C2. The site totals 0.0452 acres and includes 2,940 square feet of space suitable for a range of commercial concepts.

Positioned on the corner of Hwy 247 and Hwy 96, the property is designed for straightforward access and offers visibility to passing traffic. The listing highlights versatility for uses such as a warehouse, office space, or a mechanic shop.

If you’re looking for a small-footprint commercial building with C2 zoning and convenient highway-corner exposure, this Bonaire location is a straightforward option to evaluate.

Key Highlights

  • Property on the high‑traffic corner of GA Hwy 247 & Hwy 96 in Bonaire
  • Bonaire commercial location with easy access and high‑visibility intersection frontage
  • Heating: heat pump (heating)

Local Financial Insights For Retail

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 $57.5k $19.56
− Vacancy −$4.9k −$1.66
EGI $52.6k $17.90
− OpEx −$15.8k −$5.37
NOI $36.8k $12.53
2,940 SF · lease $19.56/SF/yr · vacancy 8.50% · expense 30.00%

Alternative Uses

Best Use
Retail
$526.2K
$460.4K – $613.9K (±1% cap)
NOI $36,833 @ 7.0% cap · market cap 5.85%
Second Best
Warehouse
$239.6K
$209.6K – $279.5K (±1% cap)
NOI $16,769 @ 7.0% cap · market cap 2.66%
Theoretical Best
Office A
$634.6K
$555.2K – $740.3K (±1% cap)
NOI $44,419 @ 7.0% cap · market cap 7.05%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Auto shops

FAQs

What type of property is this?
Warehouse - C2-zoned flex property on the corner of Hwy 247 and Hwy 96, offering a compact warehouse for multiple commercial uses.
Where is this warehouse located?
The property is located at 494 S Hwy 247 Bonaire, GA.
What is the asking price?
The asking price for this property is $629,700.
What are key features of this property?
This property features: Property on the high‑traffic corner of GA Hwy 247 & Hwy 96 in Bonaire; Bonaire commercial location with easy access and high‑visibility intersection frontage; Heating: heat pump (heating)
Contact an agent
More about this property
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