Warehouse Space Near
For Sale
$300,000
265 SHOAL CREEK RD, Locust Grove, GA 30248
1,440 sqft warehouse with office space, convenient location.
Property Size1,440 SF
Lot Size0.99 Acres
Price / SF$208.33
Days on Market150
Property Features for 265 SHOAL CREEK RD
General Information
Standard status
Active
Size
1,440 SF
Lot size
0.99 Acres
Property subtype
Industrial
Building Details
Building Size
1,440 SF
Year Built
1980
Listing Agency:
Coldwell Banker Commercial Metro Brokers
Listed By:
Clay Shearouse · License #430071
(404) 457-4411
Source:
Commercialcafe
Added: May 19
Changed: Oct 12
Last Checked: Oct 14 at 8:35PM
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 Coldwell Banker Commercial Metro Brokers
Investment Insights
Based on property information with market context.
This property features a 1,440 sqft warehouse space situated on a lot just under one acre. The building offers an open floor plan and includes a small office space that is heated and cooled. The property benefits from its location, with I-75 approximately 2 miles away. The property is currently leased, and the tenant is interested in remaining in place.
Key Highlights
- 1,440 sqft warehouse space
- Located on just under an acre
- Excellent location: only 2 miles from I‑75
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$10,571
Cap Rate
3.52%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$211,420
$211.4K
Cap Rate 7%
$151,014
$151.0K
Cap Rate 9%
$117,456
$117.5K
Market Conditions
NOI Build-Up for 1,440 SF
Gross rent
$13.7K $9.48/SF
− Vacancy
−$1.2K −$0.84/SF
EGI
$12.4K $8.64/SF
− OpEx
−$1.9K −$1.30/SF
NOI
$10.6K $7.34/SF
Area
Henry County, GA
Vacancy
8.90%
Lease Rate
$9.48 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$211,420
Cap Rate 7%
$151,014
Cap Rate 9%
$117,456
Alternative Uses
Best Use
Warehouse
$151.0K
$132.1K – $176.2K
NOI $10,571 @ 7.0% cap · market cap 3.52%
Second Best
Industrial
$125.3K
$109.7K – $146.2K
NOI $8,772 @ 7.0% cap · market cap 2.92%
Theoretical Best
Office A
$402.5K
$352.2K – $469.6K
NOI $28,177 @ 7.0% cap · market cap 9.39%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
305
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 30248, GA
29,502
Population
11,435
Households
2.6
Avg Household Size
36
Median Age
26%
College-Educated
93%
High-School Grad
70.7 sq mi
ZIP Area
417
Density / Sq Mi
$85,458
Median Household Income
$43,911
Median Earnings
$1,470
Median Rent
$275,000
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- 10 Federal Storage — 4418 GA-42, Locust Grove, GA 30248
- tbar parking and storage — 4408 GA-42 South, Locust Grove, GA 30248
- Garage door Storage — GA-42, Locust Grove, GA 30248
- Quick Dollie — 575 Hansen Dr, Locust Grove, GA 30248
- Mobility Warehouse — 3798 GA-42, Locust Grove, GA 30248
Frequently Asked Questions
What type of property is this?
Warehouse - 1,440 sqft warehouse with office space, convenient location.
Where is this warehouse located?
The property is located at 265 SHOAL CREEK RD Locust Grove, GA.
What is the asking price?
The asking price for this property is $300,000.
What are key features of this property?
This property features: 1,440 sqft warehouse space; Located on just under an acre; Excellent location: only 2 miles from I‑75
