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Industrial Property with I-20 Exposure

8185 Old City Pond Road Covington, GA 30014

8185 Old City Pond Road, Covington, GA, 30014
$2,250,000
For Sale
Claim this Listing
$2,250,000

16,200 SF industrial building on 4.41 acres for sale.

Property Size16,200 SF
Lot Size4.41 Acres
Price / SF$138.89
AddedMar 25
Days on Market114
Last RefreshJul 16 at 4:31 am

Property Features for 8185 Old City Pond Road

General Information

Standard status
Active
Size
16,200 SF
Lot size
4.41 Acres
Property subtype
Industrial

Listing office CBRE

Listing date Mar 25, 2026

Source Cbre

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 CBRE


Investment Insights

Based on property information with market context.

This industrial property offers 16,200 square feet of space on a 4.41-acre lot. The property is zoned M2 Heavy Industrial and features clear heights ranging from 17 to 19 feet. It benefits from exposure to I-20, with a daily traffic count of approximately 60,000 vehicles.

Key Highlights

  • Great exposure to I‑20 with 60,000 cars per day
  • Zoned M2 Heavy Industrial
  • 16,200 square feet of space

Local 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 $153.6k $9.48
− Vacancy −$12.6k −$0.78
EGI $141.0k $8.70
− OpEx −$42.3k −$2.61
NOI $98.7k $6.09
16,200 SF · lease $9.48/SF/yr · vacancy 8.20% · expense 30.00%

Alternative Uses

Best Use
Industrial
$1.41M
$1.23M – $1.64M (±1% cap)
NOI $98,688 @ 7.0% cap · market cap 4.39%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$4.53M
$3.96M – $5.28M (±1% cap)
NOI $316,996 @ 7.0% cap · market cap 14.09%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Industrial properties

Suggested Use

Furniture & Home Goods HVAC Service Cafe & Coffee Shop Electrical Service Computer & Electronic Repair Barber Shop Home Appliance Store Storage Facility Pharmacy Plumbing Service

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

FAQs

What type of property is this?
Industrial property - 16,200 SF industrial building on 4.41 acres for sale.
Where is this industrial property located?
The property is located at 8185 Old City Pond Road Covington, GA.
What is the asking price?
The asking price for this property is $2,250,000.
What are key features of this property?
This property features: Great exposure to I‑20 with 60,000 cars per day; Zoned M2 Heavy Industrial; 16,200 square feet of space
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