New Construction Manufacturing
For Sale
$745,000
200 Golf Course Rd, Tallapoosa, GA 30176
M-2-zoned shell space offers a new industrial facility ready for specific build-out needs.
Property Size10,000 SF
Lot Size0.89 Acres
Price / SF$74.50
Days on Market40
Property Features for 200 Golf Course Rd
General Information
Standard status
Active
Size
10,000 SF
Lot size
0.89 Acres
Zoning
M-2
Building Details
Year Built
2025
Buildings
1
Building Size
10,000 SF
Construction
metal building
Listing Agency:
Keystone Realty Group, LLC
(770) 634-1620
Listed By:
Pete Ewing · License #338831
Source:
Jetsetrealty
Added: Jul 21
Changed: Aug 28
Last Checked: Aug 28 at 12:39PM
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 Keystone Realty Group, LLC
Investment Insights
Based on property information with market context.
Completed in 2025, this 10,000-square-foot metal building provides shell space for a manufacturing operation requiring a customizable layout. The property includes two roll-up doors measuring 14 feet high by 12 feet wide, along with a 25-foot eave height and 22-foot wall height. The structure is framed for two industrial cranes with a 35.5-foot span.
The building occupies a .89-acre parcel at 200 Golf Course Rd in Tallapoosa, Georgia. M-2 zoning is designated for heavy manufacturing, and the property is located 4 miles from Interstate 20. The facility presents a new-construction option for an operator seeking manufacturing space without rezoning the site.
The building occupies a .89-acre parcel at 200 Golf Course Rd in Tallapoosa, Georgia. M-2 zoning is designated for heavy manufacturing, and the property is located 4 miles from Interstate 20. The facility presents a new-construction option for an operator seeking manufacturing space without rezoning the site.
Key Highlights
- 10,000‑square‑foot new construction metal building completed in 2025
- .89‑acre parcel at 200 Golf Course Rd, Tallapoosa, GA 30176
- M‑2 zoning for heavy manufacturing
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
$60,918
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
8.18%
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%
$1,218,360
$1.2M
Cap Rate 7%
$870,257
$870.3K
Cap Rate 9%
$676,867
$676.9K
Market Conditions
NOI Build-Up for 10,000 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
$94.8K $9.48/SF
− Vacancy
−$7.8K −$0.78/SF
EGI
$87.0K $8.70/SF
− OpEx
−$26.1K −$2.61/SF
NOI
$60.9K $6.09/SF
Area
Haralson 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%
$1,218,360
Cap Rate 7%
$870,257
Cap Rate 9%
$676,867
Alternative Uses
Best Use
Industrial
$870.3K
$761.5K – $1.02M
NOI $60,918 @ 7.0% cap · market cap 8.18%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.81M
$2.46M – $3.28M
NOI $196,560 @ 7.0% cap · market cap 26.38%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
64
Businesses Nearby
Explore this area
Business Placement
Demographics for 30176, GA
7,195
Population
3,172
Households
2.3
Avg Household Size
41
Median Age
16%
College-Educated
85%
High-School Grad
83.1 sq mi
ZIP Area
87
Density / Sq Mi
$59,958
Median Household Income
$40,610
Median Earnings
$914
Median Rent
$179,600
Median Home Value
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Manufacturing property - M-2-zoned shell space offers a new industrial facility ready for specific build-out needs.
Where is this manufacturing property located?
The property is located at 200 Golf Course Rd Tallapoosa, GA.
What is the asking price?
The asking price for this property is $745,000.
What are key features of this property?
This property features: 10,000‑square‑foot new construction metal building completed in 2025; .89‑acre parcel at 200 Golf Course Rd, Tallapoosa, GA 30176; M‑2 zoning for heavy manufacturing
