Flex Office Warehouse with Drive-In
For Sale
$699,900
211 Whitesville St, Lagrange, GA 30240
Flex office and warehouse facility includes two drive-in doors and a loading dock ramp, with visibility along Whitesville Street.
Property Size8,977 SF
Price / SF$77.97
Days on Market98
Property Features for 211 Whitesville St
General Information
Standard status
Active
Size
8,977 SF
Site & Location
Traffic Count
14,000 vehicles/day
Highway Access
Yes
Additional Details
Business Included
Yes
Drive-In Doors
2
Building Details
Year Built
1980
Listing Agency:
RE/MAX Results
Listed By:
Jason Jenkins · License #410004
(706) 845-7000
Source:
Jetsetrealty
Added: Jul 9
Changed: Oct 4
Last Checked: Oct 5 at 7:46PM
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 RE/MAX Results
Investment Insights
Based on property information with market context.
Approximately 9,000 SF flex office and warehouse facility offering a flexible mix of workspace and warehouse area. The warehouse portion features two drive-in doors plus a loading dock ramp that could be reopened.
The property is located on Whitesville Street with strong visibility and approximately 14,000 vehicles per day. It also provides convenient access to major corridors and is close to Interstate 85 for regional connectivity.
The owner is open to selling business materials and equipment separately, creating the option for a more turnkey operation depending on the buyer’s needs.
The property is located on Whitesville Street with strong visibility and approximately 14,000 vehicles per day. It also provides convenient access to major corridors and is close to Interstate 85 for regional connectivity.
The owner is open to selling business materials and equipment separately, creating the option for a more turnkey operation depending on the buyer’s needs.
Key Highlights
- Approximately 9,000 SF flex facility at 211 Whitesville Street in LaGrange with office and warehouse space
- Warehouse has two drive‑in doors and a loading dock ramp that could be reopened
- Strong visibility along Whitesville Street with approximately 14,000 vehicles per day
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$48,628
Cap Rate
6.95%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$972,560
$972.6K
Cap Rate 7%
$694,686
$694.7K
Cap Rate 9%
$540,311
$540.3K
Market Conditions
NOI Build-Up for 8,977 SF
Gross rent
$61.6K $6.86/SF
− Vacancy
−$4.4K −$0.49/SF
EGI
$57.2K $6.37/SF
− OpEx
−$8.6K −$0.96/SF
NOI
$48.6K $5.42/SF
Area
Troup County, GA
Vacancy
7.10%
Lease Rate
$6.86 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$972,560
Cap Rate 7%
$694,686
Cap Rate 9%
$540,311
Alternative Uses
Best Use
Warehouse
$694.7K
$607.9K – $810.5K
NOI $48,628 @ 7.0% cap · market cap 6.95%
Second Best
Industrial
$572.1K
$500.6K – $667.5K
NOI $40,047 @ 7.0% cap · market cap 5.72%
Theoretical Best
Office A
$2.01M
$1.76M – $2.34M
NOI $140,603 @ 7.0% cap · market cap 20.09%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Lease Details
2
Drive-in doors
14,000 VPD
Traffic count
Turnkey business
Opportunity
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
824
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 30240, GA
30,119
Population
12,782
Households
2.4
Avg Household Size
39
Median Age
28%
College-Educated
88%
High-School Grad
139.6 sq mi
ZIP Area
216
Density / Sq Mi
$59,521
Median Household Income
$40,611
Median Earnings
$1,035
Median Rent
$221,800
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in South region
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Frequently Asked Questions
What type of property is this?
Flex space - Flex office and warehouse facility includes two drive-in doors and a loading dock ramp, with visibility along Whitesville Street.
Where is this flex space located?
The property is located at 211 Whitesville St Lagrange, GA.
What is the asking price?
The asking price for this property is $699,900.
What are key features of this property?
This property features: Approximately 9,000 SF flex facility at 211 Whitesville Street in LaGrange with office and warehouse space; Warehouse has two drive‑in doors and a loading dock ramp that could be reopened; Strong visibility along Whitesville Street with approximately 14,000 vehicles per day
