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    206 Mathews St Barnesville, GA 30204

    Sponsored
    For Sale
    $10,800,000

    235,531 SF Warehouse, $45.85/SF

    Property size:
    235,531 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional industrial property, located at 206 Mathews Street in Barnesville, Georgia, presents a significant investment opportunity. Comprising two interconnected buildings totaling 235,531 square feet on a 10.67-acre fenced lot, this property offers substantial space for distribution and manufacturing operations. Building 1 boasts 159,381 square feet, including a 134,925 square foot main warehouse, 4,480 square feet of office space, an 18,900 square foot mezzanine, and pass-through vestibules. It features a 24-foot clear ceiling height and 40' x 35' column spacing. Building 2 adds another 76,150 square feet with a center ceiling height of 18.6 feet, and varying ceiling heights ranging from 10 to 11 feet at the eaves, and 25' x 60' column spacing. Both buildings benefit from heavy power (1600-2000 AMP, 3-phase). The property includes 20 dock-high doors. Significant capital improvements exceeding $1 million were completed in 2022, encompassing roof improvements, a new office, painting, roll-up door repairs, and fire suppression system upgrades. The property is currently vacant and available for sale at $10,800,000, with a Net Net + lease type also available. Built in 1968 and extensively renovated in 2022, this property is zoned for industrial use and offers a rare combination of size, functionality, and modern amenities.

    Property Features for 206 Mathews St

    General Information

    Property type
    Distribution properties
    Square Feet
    235,531 SF
    Lot Size
    464,785 SF

    Building Details

    Year Built/Renovated
    1968/2022
    Buildings
    2

    HighLights

    • 235,531 SF industrial property on a 10.67‑acre fenced lot in Barnesville, GA.
    • Two buildings totaling 235,531 SF; Building 1: 159,381 SF (includes 134,925 SF warehouse, 4,480 SF office, 18,900 SF mezzanine); Building 2: 76,150 SF.
    • 24' clear ceiling height (Building 1), 18.6' center height (Building 2).
    • 20 dock‑high doors and heavy power (1600‑2000 AMP, 3‑phase).
    • $1M+ in 2022 capital improvements (roof, office, painting, doors, fire suppression).
    • Currently vacant, $10,800,000 sale price; Net Net + lease options available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Manufacturing properties

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Barnesville
    County
    Lamar
    State
    Georgia
    Longitude
    -84.1461933
    Latitude
    33.0560336

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      Interconnected Buildings with Expansion Potential

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    FAQs

    What type of property is this?
    Distribution property - 235,531 SF Warehouse, $45.85/SF
    Where is this distribution property located?
    The property is located at 206 Mathews St Barnesville, GA.
    What is the asking price?
    The asking price for this property is $10,800,000.
    What are key features of this property?
    This property features: 235,531 SF industrial property on a 10.67-acre fenced lot in Barnesville, GA.; Two buildings totaling 235,531 SF; Building 1: 159,381 SF (includes 134,925 SF warehouse, 4,480 SF office, 18,900 SF mezzanine); Building 2: 76,150 SF.; 24' clear ceiling height (Building 1), 18.6' center height (Building 2).
    Request Owner's contact information
    206 Mathews St Barnesville, GA 30204
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    Barnesville, GA 30204
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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
    206 Mathews St Barnesville, GA 30204
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