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    1000 Main St Manchester, GA 31816

    For Sale
    $12,000,000

    Large industrial warehouse, prime location.

    Property size:
    358,745 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional industrial property, located at 1000 W Main St, Manchester, GA 31816, presents a significant investment opportunity. The property encompasses 47.5 acres and features two buildings totaling 358,745 square feet, currently undergoing a substantial renovation. The warehouse space comprises 346,745 square feet, complemented by 12,000 square feet of office space distributed across six units. The property boasts 28 loading docks, ceiling heights ranging from 18 to 32 feet, and is currently 19.5% occupied, with full occupancy anticipated by November 12, 2024. The asking price is $12,000,000, translating to $33.45 per square foot and $2,000,000 per unit. The lease type is NNN, with a multi-tenant occupancy of currently one tenant. The lease expires March 31, 2025, leaving a remaining lease term of approximately 0.4 years. Recent improvements include a new roof, fresh interior and exterior paint, new LED lighting, and upgraded dock doors and levelers. Strategically located in the Atlanta MSA, less than 20 miles from I-85, this property offers convenient access to Columbus Metropolitan Airport and the NS Independent Bulk Transfer terminal, both within an hour's drive. An additional 17 acres are available. This property is offered for sale by owner.

    Property Features for 1000 Main St

    General Information

    Property type
    Distribution properties
    Square Feet
    358,745 SF
    Lot Size
    2,069,100 SF

    Building Details

    Buildings
    2
    Units
    6

    HighLights

    • 1000 W Main St, Manchester, GA 31816: 47.5‑acre industrial property with two buildings totaling 358,745 SF.
    • 346,745 SF warehouse space and 12,000 SF of office space (six units).
    • $12,000,000 asking price ($33.45/SF); Currently 19.5% occupied, projected full occupancy by November 12, 2024.
    • 28 loading docks, 18‑32' ceiling heights; NNN leases; One current tenant; Lease expiration March 31, 2025.
    • Recently renovated with new roof, paint, LED lighting, dock doors & levelers; Located in Atlanta MSA, <20 miles from I‑85, near Columbus Metropolitan Airport and NS Bulk Transfer terminal; 17 acres additional land available.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    FW Logistics Logistics Service

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Manchester
    County
    Meriwether
    State
    Georgia
    Longitude
    -84.634292
    Latitude
    32.860135

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    FAQs

    What type of property is this?
    Distribution property - Large industrial warehouse, prime location.
    Where is this distribution property located?
    The property is located at 1000 Main St Manchester, GA.
    What is the asking price?
    The asking price for this property is $12,000,000.
    What are key features of this property?
    This property features: 1000 W Main St, Manchester, GA 31816: 47.5-acre industrial property with two buildings totaling 358,745 SF.; 346,745 SF warehouse space and 12,000 SF of office space (six units).; $12,000,000 asking price ($33.45/SF); Currently 19.5% occupied, projected full occupancy by November 12, 2024.
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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
    1000 Main St Manchester, GA 31816
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