Flex Warehouse with Office and
557 W Main St Lexington, GA 30648
For Sale
$389,000
Fenced flex facility includes a warehouse shop with roll-up doors, updated office space, and multiple storage buildings.
Property Size4,374 SF
Lot Size2.17 Acres
Price / SF$88.93
Days on Market93
Property Features for 557 W Main St
General Information
Standard status
Active
Size
4,374 SF
Lot size
2.17 Acres
Listing Agency:
Georgia Premier RE Advisors
(706) 340-4724
Listed By:
Matthew L Smith
(706) 340-4724
Source:
Exprealty
Added: Apr 27
Changed: Jul 10
Last Checked: Jul 26 at 5:36PM
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 Georgia Premier RE Advisors
Investment Insights
Based on property information with market context.
This versatile flex property includes a +/-3,200 SF warehouse/shop with three roll-up doors and +/-1,100 SF of attached covered storage. It also features a +/-1,134 SF office space that has been recently updated with new LVP flooring and fresh paint. Additional improvements include a +/-1,000 SF block building with high ceilings and a +/-1,800 SF pole shed, providing multiple areas for storage, fabrication, or service operations. The site is fully fenced with chain link, supporting vehicle and equipment staging.
Located within the city limits of Lexington, Georgia at 557 W Main St, the property sits on approximately +/-2.17 acres and includes ample excess land for expansion or outdoor operations. The combination of covered storage, separate buildings, and fenced grounds is well-suited to service-based uses that need both indoor work space and room to run day-to-day operations.
The existing warehouse/shop, roll-up door access, and updated office make this property practical for a range of trades and service users, including auto mechanics, cabinet makers, landscapers, towing companies, and other businesses that value functional workspace plus the ability to expand onto the existing fenced site.
Located within the city limits of Lexington, Georgia at 557 W Main St, the property sits on approximately +/-2.17 acres and includes ample excess land for expansion or outdoor operations. The combination of covered storage, separate buildings, and fenced grounds is well-suited to service-based uses that need both indoor work space and room to run day-to-day operations.
The existing warehouse/shop, roll-up door access, and updated office make this property practical for a range of trades and service users, including auto mechanics, cabinet makers, landscapers, towing companies, and other businesses that value functional workspace plus the ability to expand onto the existing fenced site.
Key Highlights
- Versatile +/- 2.17‑acre property within city limits of Lexington, GA
- Includes +/- 3,200 SF warehouse/shop with three roll‑up doors
- Offers 1,100 SF of attached covered storage plus additional storage buildings
Financial Insights For Warehouse
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 | $41.5k | $9.48 |
| − Vacancy | −$3.7k | −$0.84 |
| EGI | $37.8k | $8.64 |
| − OpEx | −$5.7k | −$1.30 |
| NOI | $32.1k | $7.34 |
4,374 SF · lease $9.48/SF/yr · vacancy 8.90% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$458.7K
$401.4K – $535.2K
NOI $32,109 @ 7.0% cap · market cap 8.25%
Second Best
Industrial
$380.7K
$333.1K – $444.1K
NOI $26,646 @ 7.0% cap · market cap 6.85%
Theoretical Best
Office A
$1.05M
$922.6K – $1.23M
NOI $73,811 @ 7.0% cap · market cap 18.97%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Flex space - Fenced flex facility includes a warehouse shop with roll-up doors, updated office space, and multiple storage buildings.
Where is this flex space located?
The property is located at 557 W Main St Lexington, GA.
What is the asking price?
The asking price for this property is $389,000.
What are key features of this property?
This property features: Versatile +/- 2.17‑acre property within city limits of Lexington, GA; Includes +/- 3,200 SF warehouse/shop with three roll‑up doors; Offers 1,100 SF of attached covered storage plus additional storage buildings
