Flex Space with Expansion
4654 COHUTTA VARNELL RD Cohutta, GA 30710
For Sale
Contact for pricing
A 12-acre tract with a 5,166 sf flex building and nearby sewer availability for future utility extension.
Property Size7,800 SF
Lot Size12.00 Acres
Price / SF$50
Days on Market25
Property Features for 4654 COHUTTA VARNELL RD
General Information
- Standard status
- Active
- Size
- 7,800 SF
- Lot size
- 12.00 Acres
- Property subtype
- Mixed Use, Land, Special Purpose
Building Details
- Year Built
- 1986
Listing Agency:
Coldwell Banker Kinard Realty - GA
Listed By:
Michael Maret · License #173770
Source:
Crexi
Added: Jun 30
Changed: Jul 23
Last Checked: Jul 23 at 6:45PM
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 Kinard Realty - GA
Investment Insights
Based on property information with market context.
This 12-acre commercial tract includes a versatile 5,166 square foot flex building. The property is positioned to support utility extension given that municipal sewer is located approximately one mile from the site.
The overall configuration is suited for buyers seeking an existing structure with room to grow. The public remarks note the ability to expand to a total contiguous footprint of up to 83 acres, providing flexibility for industrial projects and larger development plans.
For due diligence, interested parties should review how the proposed utility extension and any expansion concepts would align with the intended development scope. The tract combines immediate on-site building improvements with a pathway for future expansion based on the proximity of municipal sewer service.
The overall configuration is suited for buyers seeking an existing structure with room to grow. The public remarks note the ability to expand to a total contiguous footprint of up to 83 acres, providing flexibility for industrial projects and larger development plans.
For due diligence, interested parties should review how the proposed utility extension and any expansion concepts would align with the intended development scope. The tract combines immediate on-site building improvements with a pathway for future expansion based on the proximity of municipal sewer service.
Key Highlights
- 12‑acre commercial tract with a 5,166 SF building
- Building was constructed in 1986
- Municipal sewer is about one mile away, supporting utility extension for future development
Financial Insights For Industrial
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $46.8k | $6.00 |
| − Vacancy | −$2.4k | −$0.31 |
| EGI | $44.4k | $5.69 |
| − OpEx | −$13.3k | −$1.71 |
| NOI | $31.1k | $3.98 |
7,800 SF · lease $6.00/SF/yr · vacancy 5.20% · expense 30.00%
Alternative Uses
Best Use
Flex RnD
$604.9K
$529.3K – $705.8K
NOI $42,345 @ 7.0% cap · market cap 10.86%
Second Best
Warehouse
$562.6K
$492.3K – $656.4K
NOI $39,385 @ 7.0% cap · market cap 10.10%
Theoretical Best
Office A
$1.25M
$1.09M – $1.45M
NOI $87,190 @ 7.0% cap · market cap 22.36%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Flex space
FAQs
What type of property is this?
Flex space - A 12-acre tract with a 5,166 sf flex building and nearby sewer availability for future utility extension.
Where is this flex space located?
The property is located at 4654 COHUTTA VARNELL RD Cohutta, GA.
What is the asking price?
The asking price for this property is $390,000.
What are key features of this property?
This property features: 12‑acre commercial tract with a 5,166 SF building; Building was constructed in 1986; Municipal sewer is about one mile away, supporting utility extension for future development
