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    10 Commerce Dr Madison, GA 30650

    For Sale
    $367,500

    Prime 1.5-acre warehouse lot near I-20.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 1.529-acre warehouse lot, identified as Lot 10 Commerce Drive in Madison, Georgia, presents a compelling investment opportunity. Strategically located near Interstate 20, this property boasts convenient access to major transportation routes, enhancing its logistical appeal. The lot is situated within city limits, providing access to essential utilities including city water and sewer, and readily available electricity. The existing infrastructure includes paved streets, simplifying development and access. Zoned C5 heavy commercial, this lot offers significant flexibility for a wide range of industrial and commercial uses. The asking price for this pristine lot is $367,500. Its ideal location, coupled with readily available utilities and convenient access to I-20, makes this property an attractive prospect for businesses seeking a strategic location in a thriving area. The 30650 zip code further underscores its position within a well-established commercial zone in Morgan County. This is a rare opportunity to acquire a well-positioned, ready-to-develop lot in a high-demand area.

    Property Features for 10 Commerce Dr

    General Information

    Property type
    Distribution properties
    Lot Size
    66,603 SF

    HighLights

    • 1.529‑acre warehouse lot in Madison, GA (Lot 10 Commerce Drive).
    • Prime location near I‑20 for excellent logistics.
    • City utilities (water, sewer, electricity) and paved streets.
    • C5 heavy commercial zoning for diverse uses.
    • Asking price: $367,500.
    Property Profile Location Intelligence

    Current Use by Public Records

    Distribution centers

    Suggested Use

    Law Firm Spa & Massage Dental Office Clothing Store Department Store Skin Care Clinic Auto Parts Store Accounting Firm Wholesale Shop Electrical Service

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

    Location Insight

    • Map
    • Local Demand
    City
    Madison
    County
    Morgan
    State
    Georgia
    Longitude
    -83.4744685
    Latitude
    33.548037

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    FAQs

    What type of property is this?
    Distribution property - Prime 1.5-acre warehouse lot near I-20.
    Where is this distribution property located?
    The property is located at 10 Commerce Dr Madison, GA.
    What is the asking price?
    The asking price for this property is $367,500.
    What are key features of this property?
    This property features: 1.529-acre warehouse lot in Madison, GA (Lot 10 Commerce Drive).; Prime location near I-20 for excellent logistics.; City utilities (water, sewer, electricity) and paved streets.
    Request Owner's contact information
    10 Commerce Dr Madison, GA 30650
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    Madison, GA 30650
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    10 Commerce Dr Madison, GA 30650
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