Historic Office-Industrial
For Sale
$1,200,000
102 W Mimosa Dr, Jonesboro, GA 30236
Built in 1840, this commercial office-industrial property includes a courtyard and historic coach houses.
Property Size8,000 SF
Lot Size2.00 Acres
Price / SF$150
Days on Market174
Property Features for 102 W Mimosa Dr
General Information
Standard status
Active
Size
8,000 SF
Lot size
2.00 Acres
Taxes and HOA fees
Annual Taxes
$9,279
Amenities
courtyard
historic coach houses
Building Details
Year Built
1840
Listing Agency:
eXp Realty
(888) 959-9461
Listed By:
Jeffrey B Daniels
(404) 246-5850
Source:
Exprealty
Added: May 1
Changed: Oct 15
Last Checked: Oct 19 at 10:18AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of eXp Realty
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Investment Insights
Based on property information with market context.
The Warren House is a historically significant estate built in 1840, offering expansive interior spaces and period details alongside modern commercial use. The property is approximately 4,710 square feet and includes 5 bedrooms and 3.5 bathrooms, with 9 original fireplaces. The grounds feature a courtyard and historic coach houses that can support additional office or creative workspace configurations.
The Warren House is zoned for commercial office-industrial use and sits on approximately 2 acres. The property is located at 102 W Mimosa Dr in Jonesboro, with remarks describing its historic Civil War connections, including embedded bullet marks and other artifacts that have been noted on the grounds, as well as later restoration work.
Designated as a historic treasure by the Georgia Historical Commission in 1955, the estate is presented in the remarks as suited for uses such as professional offices and event-oriented space, with the coach houses and courtyard supporting flexible operations.
The Warren House is zoned for commercial office-industrial use and sits on approximately 2 acres. The property is located at 102 W Mimosa Dr in Jonesboro, with remarks describing its historic Civil War connections, including embedded bullet marks and other artifacts that have been noted on the grounds, as well as later restoration work.
Designated as a historic treasure by the Georgia Historical Commission in 1955, the estate is presented in the remarks as suited for uses such as professional offices and event-oriented space, with the coach houses and courtyard supporting flexible operations.
Key Highlights
- Historic Warren House built in 1840 at 102 W Mimosa Drive, Jonesboro
- Commercial office‑industrial zoning and approximately 2 acres, totaling about 4,710 SF
- Interior features include 5 bedrooms, 3.5 bathrooms, and 9 original fireplaces
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$107,129
Cap Rate
8.93%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,142,580
$2.1M
Cap Rate 7%
$1,530,414
$1.5M
Cap Rate 9%
$1,190,322
$1.2M
Market Conditions
NOI Build-Up for 8,000 SF
Gross rent
$191.0K $23.87/SF
− Vacancy
−$48.1K −$6.02/SF
EGI
$142.8K $17.85/SF
− OpEx
−$35.7K −$4.46/SF
NOI
$107.1K $13.39/SF
Area
Clayton 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 Rate 5%
$2,142,580
Cap Rate 7%
$1,530,414
Cap Rate 9%
$1,190,322
Alternative Uses
Best Use
Office B
$1.53M
$1.34M – $1.79M
NOI $107,129 @ 7.0% cap · market cap 8.93%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.24M
$1.96M – $2.61M
NOI $156,541 @ 7.0% cap · market cap 13.05%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
984
Businesses Nearby
Explore this area
Business Placement
Demographics for 30236, GA
50,446
Population
19,230
Households
2.6
Avg Household Size
36
Median Age
22%
College-Educated
84%
High-School Grad
32.4 sq mi
ZIP Area
1,557
Density / Sq Mi
$68,867
Median Household Income
$36,501
Median Earnings
$1,233
Median Rent
$219,700
Median Home Value
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office building - Built in 1840, this commercial office-industrial property includes a courtyard and historic coach houses.
Where is this office building located?
The property is located at 102 W Mimosa Dr Jonesboro, 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: Historic Warren House built in 1840 at 102 W Mimosa Drive, Jonesboro; Commercial office‑industrial zoning and approximately 2 acres, totaling about 4,710 SF; Interior features include 5 bedrooms, 3.5 bathrooms, and 9 original fireplaces
