1019 Elberta Road Warner Robins, GA 31093
COMMERCIAL - Warner Robins, GA
Property Features for 1019 Elberta Road
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- C3
- Standard status
- Active
- Size
- 1,698 SF
- Lot size
- 0.74 Acres
Utilities
- Sewer type
- Septic Tank
- Heating system
- Electric (Heating), Central
- Cooling system
- Electric, Central Air
Listing agent Jackie Hunnicutt License #208540 (478) 256-9882
Listing office BONAIRE REALTY P.O. Box 143, Bonaire, GA (478) 256-9882
Listing date Sep 23, 2024
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Investment Insights
Based on property information with market context.
The property is located at 1019 Elberta Road in Warner Robins, Georgia, within Houston County. It is zoned C-3 residential.
For buyers seeking a tenant-occupied, C-3 zoned residential asset, this property offers a straightforward residential income configuration on a sizable lot.
Key Highlights
- Zoned C‑3 residential
- Central heating with electric heating
- Central air conditioning with electric cooling
Local Financial Insights For Apartment 5plus
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 | $25.1k | $14.76 |
| − Vacancy | −$1.5k | −$0.89 |
| EGI | $23.6k | $13.87 |
| − OpEx | −$10.6k | −$6.24 |
| NOI | $13.0k | $7.63 |
