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    Albany Industrial Investment Opportunity Title is generated by Realmo AI

    518 West Roosevelt Avenue, Albany, GA 31701

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    Industrial property in Albany, GA, near key manufacturing hubs.

    Type:Industrial, Mixed Use
    Property size:
    38,550 SF
    Price / SF:
    $83/SF
    Added:
    Mar 20, 2026
    Days on Market:
    100
    Last Refresh:
    Mar 21 at 8:39 pm

    Property Features for 518 West Roosevelt Avenue

    General Information

    Standard status
    Active
    Size
    38,550 SF
    Property subtype
    Industrial, Mixed Use

    Building Details

    Year Built
    1952

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    Walter Kelley
    Walter Kelley

    Listing office ACRE Real Estate Partners

    Listing date Mar 20, 2026

    Source Crexi

    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 ACRE Real Estate Partners

    HighLights

    • Proximity to key industrial and manufacturing hubs.
    • Strategic logistical advantages.
    • Vibrant business environment.
    • Robust infrastructure with access to major transportation routes.
    • Close to Albany Dougherty Economic Development Commission, Procter & Gamble, and Coats & Clark.
    • Favorable business climate primed for growth.

    Overview

    Located in Albany, Georgia, the property is positioned near industrial and manufacturing hubs. The area provides logistical advantages, a business environment, and infrastructure, including access to transportation routes. Nearby points of interest include the Albany Dougherty Economic Development Commission, the Procter & Gamble Manufacturing Plant, and the Coats & Clark Industrial Facility. The property, with a size of 38550 square feet, is an investment opportunity for industrial and manufacturing investors.

    Local Financial Insights For Mixed Use

    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 $393.2k $10.20
    − Vacancy −$47.2k −$1.22
    EGI $346.0k $8.98
    − OpEx −$129.8k −$3.37
    NOI $216.3k $5.61
    38,550 SF · lease $10.20/SF/yr · vacancy 12.00% · expense 37.50%

    Alternative Uses

    Best Use
    Mixed Use
    $3.09M
    $2.70M – $3.60M (±1% cap)
    NOI $216,266 @ 7.0% cap · market cap 6.76%
    Second Best
    Industrial
    $2.17M
    $1.90M – $2.53M (±1% cap)
    NOI $151,872 @ 7.0% cap · market cap 4.75%
    Theoretical Best
    Office A
    $7.59M
    $6.64M – $8.85M (±1% cap)
    NOI $531,065 @ 7.0% cap · market cap 16.60%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Manufacturing properties

    Suggested Use

    Restaurant Real Estate Agency Spa & Massage Center Dental Office Building Supply Big Box & Wholesale Store Law Firm Hair Salon Auto Repair Shop Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Albany
    County
    Dougherty
    State
    Georgia
    Longitude
    -84.153099
    Latitude
    31.581478

    FAQs

    What type of property is this?
    Industrial property - Industrial property in Albany, GA, near key manufacturing hubs.
    Where is this industrial property located?
    The property is located at 518 West Roosevelt Avenue Albany, GA.
    What is the asking price?
    The asking price for this property is $3,200,000.
    What are key features of this property?
    This property features: Proximity to key industrial and manufacturing hubs.; Strategic logistical advantages.; Vibrant business environment.
    More about this property
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