Warehouse with Auto Repair
For Sale
$848,900
3860 U S Hwy 27, Bremen, GA 30110
Fully rented warehouse-storage building next to Walmart with office and bathroom in each unit.
Property Size8,750 SF
Price / SF$97.02
Days on Market177
Property Features for 3860 U S Hwy 27
General Information
Standard status
Active
Size
8,750 SF
Total Parking Spaces
52
Occupancy
100%
Building Details
Year Built
2005
Tenancy
Multi
Listing Agency:
Duffey Realty, Inc.
Listed By:
RANDALL SPAKE · License #281993
(404) 702-0202
Source:
Eternorealtygroup
Added: Mar 16
Changed: Sep 8
Last Checked: Sep 8 at 8:39AM
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 Duffey Realty, Inc.
Investment Insights
Based on property information with market context.
Warehouse-storage space in Bremen is currently fully rented with four tenants. The property is configured with office space and a bathroom for each unit, and the combined use is presently auto repair and storage.
The facility is located next to Walmart and includes a large on-site parking lot with 52 parking spaces, supporting tenant and visitor access.
With its multi-tenant layout and dedicated office/bathroom for each unit, the building is designed to support both service work and storage operations under separate occupancies.
The facility is located next to Walmart and includes a large on-site parking lot with 52 parking spaces, supporting tenant and visitor access.
With its multi-tenant layout and dedicated office/bathroom for each unit, the building is designed to support both service work and storage operations under separate occupancies.
Key Highlights
- 2005‑built warehouse‑storage building next to Walmart in Bremen
- Fully rented with 4 tenants
- Large parking lot with 52 parking spaces
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
$64,232
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
7.57%
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%
$1,284,640
$1.3M
Cap Rate 7%
$917,600
$917.6K
Cap Rate 9%
$713,689
$713.7K
Market Conditions
NOI Build-Up for 8,750 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
$83.0K $9.48/SF
− Vacancy
−$7.4K −$0.84/SF
EGI
$75.6K $8.64/SF
− OpEx
−$11.3K −$1.30/SF
NOI
$64.2K $7.34/SF
Area
Haralson 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 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%
$1,284,640
Cap Rate 7%
$917,600
Cap Rate 9%
$713,689
Alternative Uses
Best Use
Retail
$1.76M
$1.54M – $2.05M
NOI $123,072 @ 7.0% cap · market cap 14.50%
Second Best
Warehouse
$917.6K
$802.9K – $1.07M
NOI $64,232 @ 7.0% cap · market cap 7.57%
Theoretical Best
Office A
$2.46M
$2.15M – $2.87M
NOI $171,990 @ 7.0% cap · market cap 20.26%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
484
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 30110, GA
14,327
Population
5,822
Households
2.5
Avg Household Size
39
Median Age
18%
College-Educated
85%
High-School Grad
72.0 sq mi
ZIP Area
199
Density / Sq Mi
$69,725
Median Household Income
$46,746
Median Earnings
$861
Median Rent
$238,700
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.
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Frequently Asked Questions
What type of property is this?
Warehouse - Fully rented warehouse-storage building next to Walmart with office and bathroom in each unit.
Where is this warehouse located?
The property is located at 3860 U S Hwy 27 Bremen, GA.
What is the asking price?
The asking price for this property is $848,900.
What are key features of this property?
This property features: 2005‑built warehouse‑storage building next to Walmart in Bremen; Fully rented with 4 tenants; Large parking lot with 52 parking spaces
