Building Details

Year Built 1975

Year Renovated 2025

Buildings 1

Stories 1

Units 1

Tenancy Single

Listing Agency: Judge Realty

Listed By: Alex Hansbarger · License #420237 Show Phone

Source: Crexi

Added: Jul 29, 2022 Changed: Sep 5 Last Checked: Sep 7 at 12:44AM

Report an Issue

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 Judge Realty

Investment Insights

Based on property information with market context.

This 55,500 SF warehouse includes a 3,000 square foot loading zone equipped with 4 dock high doors, and approximately 2-acres of truck parking. The building has a small office space of approximately 438 SF. The property is completely enclosed with a chain link fence with razor wire for extra security. The warehouse is completely sprinkled and power is 3-Phase. The clear height is 18’ in center to beam, and 12’ on eaves. A tenant has been procured and lease executed with a 2 year net industrial lease, expiring 10/31/2026 with month-to-month renewal option. The Net Operating Income is $115,384.50 which includes a 10% Repair and Maintenance contingency.

Key Highlights

• High CAP Rate: Enjoy a 12.96% return on your investment.
• Existing Tenant: Leased through 10/31/2026 with month‑to‑month renewal.
• Substantial Warehouse Space: Benefit from 55,500 SF of warehouse space featuring 4 dock high doors.

Property Analytics

Property Profile

Current Use

Office Units

Suggested Use

Top Pick Real Estate Agency Kitchen & Bath Showroom Garden Center Furniture & Home Goods Plumbing Service Dental Office

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

351

Businesses Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Demographics for 31055, GA

6,237

Population

2,139

Households

2.9

Avg Household Size

41

Median Age

13%

College-Educated

79%

High-School Grad

133.6 sq mi

ZIP Area

47

Density / Sq Mi

$50,394

Median Household Income

$34,833

Median Earnings

$647

Median Rent

$139,800

Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019

16.4% 2020

17.3% 2021

18% 2022

18.6% 2023

20.3% 2024

20.2% 2025

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this warehouses located? What is the asking price? Find similar properties What are key features of this property?

Similar For Sale Nearby

Retail Storefront Property

Mc Rae, GA 31055

$100,800

1,000 SF

View details

Retail Space For Sale

Mc Rae, GA 31055

Contact for pricing

1,798 SF

View details

Versatile Commercial Building in McRae-Helena

Mc Rae, GA 31055

Contact for pricing

3,000 SF

View details

Open-Layout Retail Storefront

Mc Rae, GA 31055

Contact for pricing

View details

Similar Off Market Nearby

• Sugar Creek Self Storage — 1310 3rd Ave, McRae-Helena, GA 31055
• East Oak Self Storage — McRae-Helena, GA 31055

Frequently Asked Questions

What type of property is this?

Warehouse - 55,500 SF warehouse with tenant in place until 2026.

Where is this warehouse located?

The property is located at 104 Parsonage St Mc Rae, GA.

What is the asking price?

The asking price for this property is $890,000.

What are key features of this property?

This property features: High CAP Rate: Enjoy a 12.96% return on your investment.; Existing Tenant: Leased through 10/31/2026 with month‑to‑month renewal.; Substantial Warehouse Space: Benefit from 55,500 SF of warehouse space featuring 4 dock high doors.