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    232 Industrial Park Dr Commerce, GA 30529

    Sponsored
    For Sale
    $895,000

    6,000 SF Multi-Tenant Medical Office

    Property size:
    6,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 6,000-square-foot medical office building presents a compelling investment opportunity in Commerce, Georgia. Located at 232 Industrial Park Dr, this Class C property boasts a prime location less than a mile from Interstate 85 Exit 149 (Banks Crossing), benefiting from the rapid growth spurred by the SK Battery development and surrounding industrial expansion. Currently 100% occupied by three tenants with long-term lease options (3,000 SF, 2,000 SF, and 1,000 SF respectively), this multi-tenant building offers minimal landlord responsibilities and strong potential for future returns. Built in 1992, the well-maintained property features a C2 zoning designation and is situated within a thriving commercial area, complemented by recent additions like Chipotle and Whataburger. The asking price is $895,000, translating to $149.17 per square foot. With millions of square feet of industrial space under construction nearby and continued retail and commercial development, this investment promises significant long-term value. The property's strong tenancy and location make it an attractive addition to any portfolio. Showings are by appointment only with proof of funds. Do not disturb tenants. APN: B55 022A.

    Property Features for 232 Industrial Park Dr

    General Information

    Property type
    Medical offices
    Square Feet
    6,000 SF
    Class
    C

    Building Details

    Year Built
    1992
    Buildings
    1

    HighLights

    • $895,000 asking price for a 6,000 square foot medical office building.
    • Located at 232 Industrial Park Dr, Commerce, GA 30529.
    • Multi‑tenant property with three tenants, currently 100% occupied.
    • Class C building, built in 1992, with a C2 zoning permit.
    • APN: B55 022A.
    Property Profile Location Intelligence

    Current Use by Public Records

    Software Systems Unlimited ... Software Company Georgia Mentor Foster Care Service

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Commerce
    County
    Banks
    State
    Georgia
    Longitude
    -83.456074643303
    Latitude
    34.249685016344

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    FAQs

    What type of property is this?
    Medical office - 6,000 SF Multi-Tenant Medical Office
    Where is this medical office located?
    The property is located at 232 Industrial Park Dr Commerce, GA.
    What is the asking price?
    The asking price for this property is $895,000.
    What are key features of this property?
    This property features: $895,000 asking price for a 6,000 square foot medical office building.; Located at 232 Industrial Park Dr, Commerce, GA 30529.; Multi-tenant property with three tenants, currently 100% occupied.
    Request Owner's contact information
    232 Industrial Park Dr Commerce, GA 30529
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    Commerce, GA 30529
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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
    232 Industrial Park Dr Commerce, GA 30529
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