Building Details

Construction metal building

Listing Agency: H & H Realty, LLC Show Phone

Listed By: Mark Harris · License #101506 Show Phone

Source: Moodyscre

Added: Aug 15, 2025 Changed: Sep 4 Last Checked: Sep 13 at 6:33AM

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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 H & H Realty, LLC

Investment Insights

Based on property information with market context.

This sale or lease offering features a 12,000 SF metal industrial building built on a clear span steel superstructure. The structure includes metal sandwich panel walls and a heavy duty concrete floor, with an eave height of 16 feet and skylights for natural light. Operational improvements include three large drive-in doors and heavy power capacity. Interior amenities include a small office, restrooms with showers, and a concrete silo and mixer.

The property is located at 1194 Kingston Hwy in Kingston, GA 30145 and is zoned C-1 in Bartow County, supporting a range of commercial manufacturing and related uses.

The existing configuration is well-suited for industrial production and processing activity, with concrete bulk equipment (silo and mixer), drive-in access through multiple doors, and support facilities for on-site staff.

Key Highlights

• 12,000 SF metal building with clear span steel superstructure
• 16' eave height with metal sandwich panel walls and skylights
• Heavy duty concrete floor with 3 large drive‑in doors

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

$73,102

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

8.12%

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%

$1,462,040 $1.5M

Cap Rate 7%

$1,044,314 $1.0M

Cap Rate 9%

$812,244 $812.2K

Market Conditions

NOI Build-Up for 12,000 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

$113.8K $9.48/SF

− Vacancy

−$9.3K −$0.78/SF

EGI

$104.4K $8.70/SF

− OpEx

−$31.3K −$2.61/SF

NOI

$73.1K $6.09/SF

Area

Bartow County, GA

Vacancy

8.20%

Lease Rate

$9.48 /SF/Yr

Expense Ratio

30.00%

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%

$1,462,040

Cap Rate 7%

$1,044,314

Cap Rate 9%

$812,244

Alternative Uses

Best Use

Industrial

$1.04M

$913.8K – $1.22M (±1% cap)

NOI $73,102 @ 7.0% cap · market cap 8.12%

Second Best

—

—

no second resolved use

Theoretical Best

Office A

$3.37M

$2.95M – $3.93M (±1% cap)

NOI $235,872 @ 7.0% cap · market cap 26.21%

Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Manufacturing properties

Suggested Use

Top Pick Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

16 ft

Clear height

3

Drive-in doors

Yes

Heavy power

Location Intelligence

Trade Area within ½ mile

1

Businesses Nearby

Explore this area Business Placement

Demographics for 30145, GA

8,568

Population

3,364

Households

2.5

Avg Household Size

40

Median Age

23%

College-Educated

87%

High-School Grad

74.4 sq mi

ZIP Area

115

Density / Sq Mi

$73,995

Median Household Income

$46,961

Median Earnings

$1,021

Median Rent

$222,200

Median Home Value

Market

Vacancy Rate% for Industrial in South region

6% 2019

6.5% 2020

4% 2021

3.5% 2022

6% 2023

7.6% 2024

7.9% 2025

Questions? Ask Rey

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What type of property is this? Where is this manufacturing properties located? What is the asking price? Find similar properties What are key features of this property?

Frequently Asked Questions

What type of property is this?

Manufacturing property - 12,000 SF clear span metal building with drive-in doors, heavy power, and a small office, zoned C-1.

Where is this manufacturing property located?

The property is located at 1194 Kingston Hwy Kingston, GA.

What is the asking price?

The asking price for this property is $900,000.

What are key features of this property?

This property features: 12,000 SF metal building with clear span steel superstructure; 16' eave height with metal sandwich panel walls and skylights; Heavy duty concrete floor with 3 large drive‑in doors