Warehouse Distribution
For Sale
Contact for pricing
1536 Dougherty Ave, Albany, GA 31705
Warehouse/distribution facility with 20-foot clear height and dedicated office space on approximately 6.3 acres.
Property Size33,246 SF
Lot Size6.30 Acres
Price / SF$79.71
Days on Market185
Property Features for 1536 Dougherty Ave
General Information
Standard status
Active
Size
33,246 SF
Lot size
6.30 Acres
Property subtype
Industrial
Additional Details
Clear Height
20 ft
Building Details
Year Built
1998
Listing Agency:
Bird Commercial Real Estate
Listed By:
Frank Bo Bird IV · License #GA 391091
Source:
Crexi
Added: Apr 21
Changed: Oct 10
Last Checked: Oct 20 at 5:42PM
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 Bird Commercial Real Estate
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Investment Insights
Based on property information with market context.
This warehouse and distribution facility was constructed in 1998 and totals approximately 33,246 square feet. The property includes a functional industrial layout with approximately 20-foot clear height in the warehouse area, along with approximately 3,046 square feet of dedicated office space.
The facility sits on approximately 6.3 acres, providing outdoor space to support industrial and distribution operations.
Designed to accommodate distribution and industrial activity, the building configuration combines warehouse clear height with on-site office space for day-to-day coordination.
The facility sits on approximately 6.3 acres, providing outdoor space to support industrial and distribution operations.
Designed to accommodate distribution and industrial activity, the building configuration combines warehouse clear height with on-site office space for day-to-day coordination.
Key Highlights
- 33,246 SF warehouse/distribution facility on approximately 6.3 acres in Albany, GA
- Built in 1998 with functional industrial layout for distribution and industrial operations
- Includes approximately 3,046 SF dedicated office space
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$166,109
Cap Rate
6.27%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,322,180
$3.3M
Cap Rate 7%
$2,372,986
$2.4M
Cap Rate 9%
$1,845,656
$1.8M
Market Conditions
NOI Build-Up for 33,246 SF
Gross rent
$207.5K $6.24/SF
− Vacancy
−$12.0K −$0.36/SF
EGI
$195.4K $5.88/SF
− OpEx
−$29.3K −$0.88/SF
NOI
$166.1K $5.00/SF
Area
Dougherty County, GA
Vacancy
5.80%
Lease Rate
$6.24 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,322,180
Cap Rate 7%
$2,372,986
Cap Rate 9%
$1,845,656
Alternative Uses
Best Use
Warehouse
$2.37M
$2.08M – $2.77M
NOI $166,109 @ 7.0% cap · market cap 6.27%
Second Best
Industrial
$1.87M
$1.64M – $2.18M
NOI $130,976 @ 7.0% cap · market cap 4.94%
Theoretical Best
Office A
$6.54M
$5.72M – $7.63M
NOI $457,997 @ 7.0% cap · market cap 17.28%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
20 ft
Clear height
Location Intelligence
Trade Area within ½ mile
64
Businesses Nearby
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Business Placement
Demographics for 31705, GA
29,858
Population
12,829
Households
2.3
Avg Household Size
35
Median Age
12%
College-Educated
80%
High-School Grad
140.4 sq mi
ZIP Area
213
Density / Sq Mi
$37,210
Median Household Income
$26,836
Median Earnings
$852
Median Rent
$101,900
Median Home Value
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Market
Vacancy Rate% for Industrial in South region
Frequently Asked Questions
What type of property is this?
Distribution center - Warehouse/distribution facility with 20-foot clear height and dedicated office space on approximately 6.3 acres.
Where is this distribution center located?
The property is located at 1536 Dougherty Ave Albany, GA.
What is the asking price?
The asking price for this property is $2,650,000.
What are key features of this property?
This property features: 33,246 SF warehouse/distribution facility on approximately 6.3 acres in Albany, GA; Built in 1998 with functional industrial layout for distribution and industrial operations; Includes approximately 3,046 SF dedicated office space
