Building Details

Year Built 1986

Listing Agency: Keller Williams Realty Atl. Partners

Listed By: Jenna Rae Overton Show Phone

Source: Jetsetrealty

Added: Jun 23 Changed: Sep 25 Last Checked: Oct 5 at 9:09PM

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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 Keller Williams Realty Atl. Partners

Investment Insights

Based on property information with market context.

This for-sale industrial workshop offers approximately 5,000 SF of open workspace designed for practical day-to-day operations. The building includes a large roll-up bay door, high ceilings, and concrete floors, supporting a range of industrial uses that benefit from clear interior space. The site totals about 0.65 acres, providing room for equipment, vehicles, and daily workflow, with ample parking to support crews and visitors.

The property is located at 199 Main Street in Whitesburg, GA 30185, offering direct access suitable for industrial uses requiring convenient loading and on-site staging. Ample parking on-site helps accommodate regular activity related to contractors, fabrication, or warehouse-style operations.

The configuration makes the space well-suited for an owner-user looking for a functional workshop environment, or for an investor seeking an industrial asset with flexible interior utility. With the combination of roll-up access, high ceilings, and an expansive open layout, the space can accommodate equipment and vehicles while keeping day-to-day processes centralized under one roof.

Key Highlights

• 5,000 SF industrial workshop on 0.65 acres built in 1986
• Large roll‑up bay door for loading and shop access
• High ceilings and expansive open workspace for industrial operations

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$36,704

Cap Rate

5.97%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$734,080 $734.1K

Cap Rate 7%

$524,343 $524.3K

Cap Rate 9%

$407,822 $407.8K

Market Conditions

NOI Build-Up for 5,000 SF

Gross rent

$47.4K $9.48/SF

− Vacancy

−$4.2K −$0.84/SF

EGI

$43.2K $8.64/SF

− OpEx

−$6.5K −$1.30/SF

NOI

$36.7K $7.34/SF

Area

Carroll County, GA

Vacancy

8.90%

Lease Rate

$9.48 /SF/Yr

Expense Ratio

15.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$734,080

Cap Rate 7%

$524,343

Cap Rate 9%

$407,822

Alternative Uses

Best Use

Warehouse

$524.3K

$458.8K – $611.7K (±1% cap)

NOI $36,704 @ 7.0% cap · market cap 5.97%

Second Best

Industrial

$435.1K

$380.7K – $507.7K (±1% cap)

NOI $30,459 @ 7.0% cap · market cap 4.95%

Theoretical Best

Office A

$1.40M

$1.22M – $1.63M (±1% cap)

NOI $97,838 @ 7.0% cap · market cap 15.91%

Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

West Georgia Tool ... Industrial Manufacturer

Suggested Use

Top Pick Parking Lot & Garage Building Supply Auto Repair Shop (Bike/Boat/Book/etc) Store Big Box & Wholesale Store Law Firm

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

1

Drive-in doors

Location Intelligence

Trade Area within ½ mile

42

Businesses Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Demographics for 30185, GA

3,998

Population

1,647

Households

2.4

Avg Household Size

44

Median Age

11%

College-Educated

77%

High-School Grad

62.3 sq mi

ZIP Area

64

Density / Sq Mi

$68,516

Median Household Income

$34,589

Median Earnings

$750

Median Rent

$168,000

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

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this warehouses 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?

Warehouse - Functional 5,000 SF workshop built for manufacturing, fabrication, or contractor operations with a large roll-up bay door.

Where is this warehouse located?

The property is located at 199 Main St Whitesburg, GA.

What is the asking price?

The asking price for this property is $615,000.

What are key features of this property?

This property features: 5,000 SF industrial workshop on 0.65 acres built in 1986; Large roll‑up bay door for loading and shop access; High ceilings and expansive open workspace for industrial operations