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Office/Warehouse Near Georgia Military College
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64 Green St, Warner Robins, GA 31093

5,090 SF office/warehouse near Houston Medical Center.

Property Size5,090 SF
Price / SF$147.35
Days on Market1287

Property Features for 64 Green St

General Information

Standard status Active
Size 5,090 SF
Class B
Property subtype Office
Zoning C-2
Occupancy 100%
Lease Type NNN

Building Details

Units 2
Tenancy Multi
Listing Agency: The Summit Group
Listed By: Derek Foster · License #GA 373500
Source: Crexi
Added: Mar 30, 2023 Changed: Sep 21 Last Checked: Oct 5 at 7:30PM

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 The Summit Group

Investment Insights

Based on property information with market context.

This 5,090 square foot property features a two-tenant office/warehouse configuration, with each suite offering approximately 2,545 square feet of space. The property's location provides convenient access to Georgia Military College, Houston Medical Center, and a variety of restaurants.

Key Highlights

  • 5,090 SF total space suitable for office/warehouse use.
  • Two tenant suites, each approximately 2,545 SF.
  • Convenient location near Georgia Military College, Houston Medical Center, and restaurants.

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$39,448
Cap Rate
5.26%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$788,960 $789.0K
Cap Rate 7%
$563,543 $563.5K
Cap Rate 9%
$438,311 $438.3K
Market Conditions
NOI Build-Up for 5,090 SF
Gross rent
$66.0K $12.96/SF
− Vacancy
−$5.3K −$1.04/SF
EGI
$60.7K $11.92/SF
− OpEx
−$21.2K −$4.17/SF
NOI
$39.4K $7.75/SF
Area
Houston County, GA
Vacancy
8.00%
Lease Rate
$12.96 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$788,960
Cap Rate 7%
$563,543
Cap Rate 9%
$438,311

Alternative Uses

Best Use
Flex RnD
$563.5K
$493.1K – $657.5K (±1% cap)
NOI $39,448 @ 7.0% cap · market cap 5.26%
Second Best
Industrial
$310.7K
$271.9K – $362.5K (±1% cap)
NOI $21,752 @ 7.0% cap · market cap 2.90%
Theoretical Best
Office A
$1.10M
$961.3K – $1.28M (±1% cap)
NOI $76,902 @ 7.0% cap · market cap 10.25%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

ProTech Mobile Mechanic Auto Repair Shop Hicks Roofing Roofing Company Amongst Frenz, LLC (Bike/Boat/Book/etc) Store Super Custom Signs (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Real Estate Agency Dental Office Parking Lot & Garage Pharmacy Spa & Massage Center Gym & Fitness Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

330
Businesses Nearby
Balanced
Demand for This Use

Demographics for 31093, GA

28,614
Population
13,275
Households
2.2
Avg Household Size
37
Median Age
16%
College-Educated
87%
High-School Grad
20.4 sq mi
ZIP Area
1,403
Density / Sq Mi
$48,186
Median Household Income
$32,542
Median Earnings
$966
Median Rent
$137,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
Rey
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Similar Off Market Nearby

  • McCall's Sandwiches - Tastes to Remember — 1001 Watson Blvd, Warner Robins, GA 31093
  • Bertha's Kitchen — 112 Rose St, Warner Robins, GA 31093

Frequently Asked Questions

What type of property is this?
Flex space - 5,090 SF office/warehouse near Houston Medical Center.
Where is this flex space located?
The property is located at 64 Green St Warner Robins, GA.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: 5,090 SF total space suitable for office/warehouse use.; Two tenant suites, each approximately 2,545 SF.; Convenient location near Georgia Military College, Houston Medical Center, and restaurants.
(478) 750-7507 Call to check price and availability
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