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    Office/Warehouse Near Georgia Military College Title is generated by Realmo AI

    64 Green St, Warner Robins, GA 31093

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

    Type:Office
    Property size:
    5,090 SF
    Price / SF:
    $147/SF
    Added:
    Mar 30, 2023
    Days on Market:
    1195
    Last Refresh:
    Jul 4 at 5:17 am

    Property Features for 64 Green St

    General Information

    Standard status
    Active
    Size
    5,090 SF
    Property subtype
    Office

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    Derek Foster
    Derek Foster

    Listing office The Summit Group

    Listing date Mar 30, 2023

    Source Crexi

    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

    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.
    • Includes a 3D Virtual Tour for remote viewing.
    • Office/warehouse property type.
    • Potential for rental income from two tenants.

    Overview

    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.

    Local Financial Insights For Office B

    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 $86.7k $17.04
    − Vacancy −$15.6k −$3.07
    EGI $71.1k $13.97
    − OpEx −$17.8k −$3.49
    NOI $53.3k $10.48
    5,090 SF · lease $17.04/SF/yr · vacancy 18.00% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $762.0K
    $666.8K – $889.0K (±1% cap)
    NOI $53,341 @ 7.0% cap · market cap 7.11%
    Second Best
    Flex RnD
    $563.5K
    $493.1K – $657.5K (±1% cap)
    NOI $39,448 @ 7.0% cap · market cap 5.26%
    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 local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    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

    Real Estate Agency Dental Office Hotel & Motel Spa & Massage Center Gym & Fitness Center Pharmacy Department Store Bar & Pub Parking Lot & Garage Building Supply

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

    Location Insight

    • Map
    • Local Demand
    City
    Warner Robins
    County
    Houston
    State
    Georgia
    Longitude
    -83.613232
    Latitude
    32.62925

    FAQs

    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
    More about this property
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