Mixed-Use Property with
205 Old Perry Road, Bonaire, GA 31005
For Sale
New
$1,200,000
A connected retail area adds three private offices alongside the warehouse space.
Property Size8,900 SF
Price / SF$134.83
Days on Market1
Property Features for 205 Old Perry Road
General Information
Standard status
Size
Additional Details
Mixed-Use Components
Dock-High Doors
Property Use
Taxes and HOA fees
Annual Taxes
Amenities
security system
Carpet,Concrete,Tile
true
Public Records
Square Feet
Interior Lot
Public
Delivery Door
2.2
9
Paved,Parking Lot
Highway
8900
3
Building Details
Building Size
Year Built
Buildings
Listing Agency:
Golden Key Realty, Inc.
Listed By:
Nicholas Horne · License GA #443164
(478) 230-3882
Source:
Thestanleyrealtygroup
Added: Nov 12
Last Checked: Nov 12 at 2:13PM
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 Golden Key Realty, Inc.
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Investment Insights
Based on property information with market context.
This 8,900-square-foot mixed-use property combines warehouse space with a smaller adjoining retail area. The warehouse has four loading bays, and a separate storage building at the rear provides additional space. Cameras and intercom access are integrated into the facility’s security system.
The retail area contains three private offices and was previously used as a massage studio. The property was built in 1997.
The retail area contains three private offices and was previously used as a massage studio. The property was built in 1997.
Key Highlights
- 8,900‑square‑foot mixed‑use property
- Warehouse space with 4 loading bays
- Separate rear storage building
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$79,299
Cap Rate
6.61%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,585,980
$1.6M
Cap Rate 7%
$1,132,843
$1.1M
Cap Rate 9%
$881,100
$881.1K
Market Conditions
NOI Build-Up for 8,900 SF
Gross rent
$144.2K $16.20/SF
− Vacancy
−$17.3K −$1.94/SF
EGI
$126.9K $14.26/SF
− OpEx
−$47.6K −$5.35/SF
NOI
$79.3K $8.91/SF
Area
Houston County, GA
Vacancy
12.00%
Lease Rate
$16.20 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,585,980
Cap Rate 7%
$1,132,843
Cap Rate 9%
$881,100
Alternative Uses
Best Use
Retail
$1.59M
$1.39M – $1.86M
NOI $111,501 @ 7.0% cap · market cap 9.29%
Second Best
Mixed Use
$1.13M
$991.2K – $1.32M
NOI $79,299 @ 7.0% cap · market cap 6.61%
Theoretical Best
Office A
$1.92M
$1.68M – $2.24M
NOI $134,465 @ 7.0% cap · market cap 11.21%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
4
Dock-high doors
Location Intelligence
Trade Area within ½ mile
133
Businesses Nearby
Explore this area
Business Placement
Demographics for 31005, GA
20,531
Population
7,514
Households
2.7
Avg Household Size
36
Median Age
41%
College-Educated
96%
High-School Grad
23.1 sq mi
ZIP Area
889
Density / Sq Mi
$107,071
Median Household Income
$58,603
Median Earnings
$1,248
Median Rent
$247,800
Median Home Value
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Market
Vacancy Rate% for Industrial in South region
Frequently Asked Questions
What type of property is this?
Mixed-use property - A connected retail area adds three private offices alongside the warehouse space.
Where is this mixed-use property located?
The property is located at 205 Old Perry Road Bonaire, GA.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: 8,900‑square‑foot mixed‑use property; Warehouse space with 4 loading bays; Separate rear storage building
