Historic Office-Industrial
102 W Mimosa Dr Jonesboro, GA 30236
102 W Mimosa Dr, Jonesboro, GA, 30236
$1,200,000
For Sale
$1,200,000
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 Market77
Property Features for 102 W Mimosa Dr
General Information
- Standard status
- Active
- Size
- 8,000 SF
- Lot size
- 2.00 Acres
Listing agency
eXp Realty
(404) 246-5850
Listed by
Jeffrey B Daniels
(404) 246-5850
Source
Exprealty
Added: May 7 Updated: Jul 22 at 5:48AM Checked: Jul 22 at 5:48AM
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
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
Local Financial Insights For Office B
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 | $191.0k | $23.87 |
| − Vacancy | −$48.1k | −$6.02 |
| EGI | $142.8k | $17.85 |
| − OpEx | −$35.7k | −$4.46 |
| NOI | $107.1k | $13.39 |
8,000 SF · lease $23.87/SF/yr · vacancy 25.20% · expense 25.00%
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 local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Dr. Jack Farrar, ...
Physician
The Warren House
Hotel & Motel
Mind Sync
Physician
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FAQs
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
