Warehouse with Office
New
For Sale
$1,070,500
302 & 320 Valley Drive, Perry, GA 31069
M2 zoning and city water and sewer availability support industrial use.
Property Size6,000 SF
Lot Size10.00 Acres
Price / SF$178.42
Days on Market4
Property Features for 302 & 320 Valley Drive
General Information
Standard status
Active
Size
6,000 SF
Total Parking Spaces
20
Lot size
10.00 Acres
Property subtype
Industrial
Zoning
M2
Additional Details
Utilities to Site
Yes
Building Details
Building Size
6,000 SF
Year Built
1996
Stories
1
Listing Agency:
Coldwell Banker Free Realty
Listed By:
Joe Meadows · License #254304
(478) 218-2600
Source:
Cbcworldwide
Added: Oct 9
Changed: Oct 10
Last Checked: Oct 12 at 4:43PM
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 Free Realty
Investment Insights
Based on property information with market context.
The property includes a 6,000 SF warehouse with office space on approximately 10 acres. Built in 1996, the site is zoned M2 and has city water and sewer available.
The property is within Perry city limits. Uses identified for the site include warehousing, distribution, contractor operations, manufacturing, storage, and light industrial activity.
The property is within Perry city limits. Uses identified for the site include warehousing, distribution, contractor operations, manufacturing, storage, and light industrial activity.
Key Highlights
- 6,000 SF warehouse with office space
- Approximately 10 acres
- M2 zoning
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$34,223
Cap Rate
3.20%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$684,460
$684.5K
Cap Rate 7%
$488,900
$488.9K
Cap Rate 9%
$380,256
$380.3K
Market Conditions
NOI Build-Up for 6,000 SF
Gross rent
$43.2K $7.20/SF
− Vacancy
−$2.9K −$0.49/SF
EGI
$40.3K $6.71/SF
− OpEx
−$6.0K −$1.01/SF
NOI
$34.2K $5.70/SF
Area
Houston County, GA
Vacancy
6.80%
Lease Rate
$7.20 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$684,460
Cap Rate 7%
$488,900
Cap Rate 9%
$380,256
Alternative Uses
Best Use
Warehouse
$488.9K
$427.8K – $570.4K
NOI $34,223 @ 7.0% cap · market cap 3.20%
Second Best
Industrial
$366.3K
$320.5K – $427.4K
NOI $25,641 @ 7.0% cap · market cap 2.40%
Theoretical Best
Office A
$1.30M
$1.13M – $1.51M
NOI $90,651 @ 7.0% cap · market cap 8.47%
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
Lease Details
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
263
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 31069, GA
22,915
Population
9,389
Households
2.4
Avg Household Size
38
Median Age
28%
College-Educated
94%
High-School Grad
99.8 sq mi
ZIP Area
230
Density / Sq Mi
$75,526
Median Household Income
$48,601
Median Earnings
$997
Median Rent
$205,500
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
- Peachstate Mini Storage — 550 Valley Dr, Perry, GA 31069
- Bob White Self Storage — 103 Woodlawn Dr, Perry, GA 31069
Frequently Asked Questions
What type of property is this?
Warehouse - M2 zoning and city water and sewer availability support industrial use.
Where is this warehouse located?
The property is located at 302 & 320 Valley Drive Perry, GA.
What is the asking price?
The asking price for this property is $1,070,500.
What are key features of this property?
This property features: 6,000 SF warehouse with office space; Approximately 10 acres; M2 zoning
