Industrial Warehouse
2765 Access Rd Covington, GA 30016
2765 Access Rd, Covington, GA, 30016
Contact for pricing
For Sale
Contact for pricing
Industrial warehouse building offering approximately 5,000 sq. ft. of space for sale.
Property Size5,000 SF
Price / SF$260
Days on Market672
Property Features for 2765 Access Rd
General Information
- Standard status
- Active
- Size
- 5,000 SF
- Property subtype
- Industrial
Listing agency
King Industrial Realty Inc
Listed by
Steve Ratchford · License #GA 114592
Source
Crexi
Added: Sep 19, 2024 Updated: Jul 21 at 3:04PM Checked: Jul 21 at 3:04PM
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 King Industrial Realty Inc
Investment Insights
Based on property information with market context.
This industrial warehouse building is offered for sale. The property includes approximately 5,000 sq. ft. of industrial space.
Located at 2765 Access Rd in Covington, GA, the property’s address provides straightforward access for freight and service operations.
The offering is described as industrial, making the building well-suited for warehouse-style use where enclosed storage is a requirement.
Located at 2765 Access Rd in Covington, GA, the property’s address provides straightforward access for freight and service operations.
The offering is described as industrial, making the building well-suited for warehouse-style use where enclosed storage is a requirement.
Key Highlights
- Industrial warehouse building for sale
- Approximately 5,000 sq. ft. of space
Local Financial Insights For Warehouse
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 | $47.4k | $9.48 |
| − Vacancy | −$4.2k | −$0.84 |
| EGI | $43.2k | $8.64 |
| − OpEx | −$6.5k | −$1.30 |
| NOI | $36.7k | $7.34 |
5,000 SF · lease $9.48/SF/yr · vacancy 8.90% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$524.3K
$458.8K – $611.7K
NOI $36,704 @ 7.0% cap · market cap 2.82%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.40M
$1.22M – $1.63M
NOI $97,838 @ 7.0% cap · market cap 7.53%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Warehouses
Similar For Sale Nearby
Similar Off Market Nearby
- Brookon Self Storage Facility — 3241 Iris Dr SE 1 floor, Covington, GA 30016
FAQs
What type of property is this?
Warehouse - Industrial warehouse building offering approximately 5,000 sq. ft. of space for sale.
Where is this warehouse located?
The property is located at 2765 Access Rd Covington, GA.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: Industrial warehouse building for sale; Approximately 5,000 sq. ft. of space
