Flex Space with Open
New
For Sale
$640,000
115 Trade Street, Bogart, GA 30622
E-O zoning and an adaptable interior support a range of potential business configurations.
Property Size5,000 SF
Price / SF$128
Days on Market5
Property Features for 115 Trade Street
General Information
Standard status
Active
Size
5,000 SF
Property subtype
Industrial
Zoning
E-O
Building Details
Building Size
5,000 SF
Year Built
2009
Stories
1
Listed By:
Roby Redwine
(706) 354-7870
Source:
Cbcworldwide
Added: Oct 23
Changed: Oct 26
Last Checked: Oct 26 at 12:36PM
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 Roby Redwine
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Investment Insights
Based on property information with market context.
This 5,000-square-foot flex space in Bogart features two expansive open areas, divided by a centrally positioned, non-load-bearing wall. The wall allows the interior to be reconfigured, while the existing layout provides distinct areas within the building.
Built in 2009, the property is zoned E-O and located at 115 Trade Street.
Built in 2009, the property is zoned E-O and located at 115 Trade Street.
Key Highlights
- 5,000 SF building constructed in 2009
- Two large open areas divided by a central, non‑load‑bearing wall
- E‑O zoning
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$30,366
Cap Rate
4.74%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$607,320
$607.3K
Cap Rate 7%
$433,800
$433.8K
Cap Rate 9%
$337,400
$337.4K
Market Conditions
NOI Build-Up for 5,000 SF
Gross rent
$45.0K $9.00/SF
− Vacancy
−$1.6K −$0.32/SF
EGI
$43.4K $8.68/SF
− OpEx
−$13.0K −$2.60/SF
NOI
$30.4K $6.07/SF
Area
Clarke County, GA
Vacancy
3.60%
Lease Rate
$9.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$607,320
Cap Rate 7%
$433,800
Cap Rate 9%
$337,400
Alternative Uses
Best Use
Industrial
$433.8K
$379.6K – $506.1K
NOI $30,366 @ 7.0% cap · market cap 4.74%
Second Best
Flex RnD
$416.4K
$364.3K – $485.8K
NOI $29,146 @ 7.0% cap · market cap 4.55%
Theoretical Best
Office A
$1.21M
$1.05M – $1.41M
NOI $84,374 @ 7.0% cap · market cap 13.18%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
290
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 30622, GA
11,044
Population
4,336
Households
2.5
Avg Household Size
39
Median Age
58%
College-Educated
96%
High-School Grad
37.0 sq mi
ZIP Area
298
Density / Sq Mi
$127,530
Median Household Income
$60,960
Median Earnings
$1,603
Median Rent
$379,400
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in South region
Frequently Asked Questions
What type of property is this?
Flex space - E-O zoning and an adaptable interior support a range of potential business configurations.
Where is this flex space located?
The property is located at 115 Trade Street Bogart, GA.
What is the asking price?
The asking price for this property is $640,000.
What are key features of this property?
This property features: 5,000 SF building constructed in 2009; Two large open areas divided by a central, non‑load‑bearing wall; E‑O zoning
