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    9529 Main St Jonesboro, GA 30236

    Sponsored
    For Sale
    $2,800,000

    High-return industrial flex space, GA.

    Property size:
    30,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional investment opportunity presents a 30,000-square-foot, single-story industrial warehouse in Jonesboro, Georgia. Located at 9529 S Main St, 30236, this Class B property sits on 2.1 acres and boasts a prime location near Hartsfield-Jackson Atlanta International Airport and downtown Atlanta, ensuring easy access to major transportation routes. Built in 1986 and renovated in 2020, the building features eight dock-high doors and two loading docks, along with a 24-foot ceiling height. Currently 80% occupied by three tenants under a gross lease, this multi-tenant property offers a stable income stream with a current asking price of $2,800,000 ($93.33/sq ft and $659,000/unit). The property is zoned HI and includes five units, providing the potential to expand operations or lease to additional tenants, maximizing investment potential. The 2023 property tax assessment was $16,648.00, and the annual insurance premium is $10,283.28. This is an ideal owner-user opportunity with strong potential for future growth in a thriving economic center. The property offers ample space, efficient layouts, and a strategic location for optimal productivity and convenience. This is a rare chance to acquire a well-maintained, income-producing asset with significant upside.

    Property Features for 9529 Main St

    General Information

    Property type
    Distribution properties
    Square Feet
    30,000 SF
    Class
    B
    Lot Size
    91,476 SF

    Building Details

    Year Built/Renovated
    1986/2020
    Buildings
    1
    Stories
    1
    Units
    5

    HighLights

    • $2,800,000 asking price for a 30,000 SF industrial property in Jonesboro, GA.
    • 80% occupancy with three tenants in a multi‑tenant building.
    • Class B, single‑story building built in 1986, renovated in 2020, situated on a 2.1‑acre lot.
    • Features include 2 loading docks, 8 dock‑high doors, and 24' ceiling height.
    • $93.33/SF price, with a $659,000 price per unit.
    Property Profile Location Intelligence

    Current Use by Public Records

    Allstate Auto Group Used Car Dealer Trident Contracting Remodeler Ls Swaps R ... Machine Shop

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Jonesboro
    County
    Clayton
    State
    Georgia
    Longitude
    -84.3409764
    Latitude
    33.4944875

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    FAQs

    What type of property is this?
    Distribution property - High-return industrial flex space, GA.
    Where is this distribution property located?
    The property is located at 9529 Main St Jonesboro, GA.
    What is the asking price?
    The asking price for this property is $2,800,000.
    What are key features of this property?
    This property features: $2,800,000 asking price for a 30,000 SF industrial property in Jonesboro, GA.; 80% occupancy with three tenants in a multi-tenant building.; Class B, single-story building built in 1986, renovated in 2020, situated on a 2.1-acre lot.
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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
    9529 Main St Jonesboro, GA 30236
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