Secure Flex
For Sale
$600,000
101 Industrial Drive, Zebulon, GA 30295
Commercial Sale, Zebulon, GA
Property Size3,750 SF
Lot Size1.79 Acres
Price / SF$160
Days on Market179
Property Features for 101 Industrial Drive
General Information
Property type
Commercial Sale
Property subtype
Other
Parking
12
Parking features
Secured, Parking Lot
Fencing
Chain Link
Lot features
City Lot, Level
Directions
Use GPS for directions to the property.
Standard status
Active
APN
067B 106
Size
3,750 SF
Lot size
1.79 Acres
Taxes and HOA fees
Tax Year
24
Tax Annual Amount
1932
Utilities
Utilities
Water Available
Sewer type
Public Sewer
Heating system
Electric (Heating), Central
Cooling system
Electric, Central Air
Water source
Public
Amenities
security fence
outbuildings
covered areas
commercial roll-up doors
reception areas
kitchenette
Building Details
Year built
2007
Flooring type
Vinyl
Building materials
Steel Siding
Roof type
Metal
Additional Structures
Storage
Listing Agency:
Southern Classic Realtors
(678) 635-8877
Listed By:
Chance Adamson · License #243367
(678) 752-1969
Added: Apr 1
Changed: Sep 12
Last Checked: Sep 26 at 12:06PM
MLS# 10727835
Copyright © 2026 Georgia Multiple Listing Service. 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 3,750-square-foot flex facility combines office areas, warehouse space, and secured outdoor storage on 1.79 acres. The building includes commercial roll-up doors, storage on both levels, private offices, reception areas, two restrooms, and a remodeled kitchenette. Outbuildings and covered areas provide additional shelter for equipment, vehicles, or materials. Built in 2007, the structure features steel siding, a metal roof, vinyl flooring, central heating, and central air conditioning.
The property is enclosed by a chain-link fence with secured parking and a parking lot. Public water and public sewer serve the site, and water is available. The combination of enclosed yard space, warehouse functionality, and office accommodations creates a practical layout for an owner-user or business requiring both operational and administrative areas.
The property is enclosed by a chain-link fence with secured parking and a parking lot. Public water and public sewer serve the site, and water is available. The combination of enclosed yard space, warehouse functionality, and office accommodations creates a practical layout for an owner-user or business requiring both operational and administrative areas.
Key Highlights
- 3,750 SF flex facility on 1.79 acres
- Warehouse area with commercial roll‑up doors
- Private offices, reception areas, two restrooms, and remodeled kitchenette
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$50,217
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
8.37%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,004,340
$1.0M
Cap Rate 7%
$717,386
$717.4K
Cap Rate 9%
$557,967
$558.0K
Market Conditions
NOI Build-Up for 3,750 SF
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.
Gross rent
$89.5K $23.87/SF
− Vacancy
−$22.6K −$6.02/SF
EGI
$67.0K $17.85/SF
− OpEx
−$16.7K −$4.46/SF
NOI
$50.2K $13.39/SF
Area
Pike County, GA
Vacancy
25.20%
Lease Rate
$23.87 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,004,340
Cap Rate 7%
$717,386
Cap Rate 9%
$557,967
Alternative Uses
Best Use
Office B
$717.4K
$627.7K – $837.0K
NOI $50,217 @ 7.0% cap · market cap 8.37%
Second Best
Warehouse
$393.3K
$344.1K – $458.8K
NOI $27,528 @ 7.0% cap · market cap 4.59%
Theoretical Best
Office A
$1.05M
$917.2K – $1.22M
NOI $73,379 @ 7.0% cap · market cap 12.23%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
264
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 30295, GA
4,623
Population
1,921
Households
2.4
Avg Household Size
40
Median Age
21%
College-Educated
90%
High-School Grad
47.5 sq mi
ZIP Area
97
Density / Sq Mi
$76,528
Median Household Income
$49,129
Median Earnings
$968
Median Rent
$255,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - Office, warehouse, and enclosed outdoor areas support varied commercial operations.
Where is this flex space located?
The property is located at 101 Industrial Drive Zebulon, GA.
What is the asking price?
The asking price for this property is $600,000.
What are key features of this property?
This property features: 3,750 SF flex facility on 1.79 acres; Warehouse area with commercial roll‑up doors; Private offices, reception areas, two restrooms, and remodeled kitchenette
