Building Details

Building Size 1,920 SF

Year Built 1920

Listing Agency: BHHS Georgia Properties j***@bhhsgeorgia.com Show Phone

Listed By: Joy Barnes · License #243263 Show Phone

Source: Blackstreaminternational

Added: Sep 5 Changed: Oct 4 Last Checked: Oct 5 at 7:11PM

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Investment Insights

Based on property information with market context.

This 2,080-square-foot manufacturing property at 11 South Hunter Street in Turin was built in 1920. The building has housed a cabinet shop for nearly 30 years, providing a documented history of commercial use.

Turin is positioned between Sharpsburg and Senoia, with historic Downtown Senoia located nearby. The surrounding town includes established businesses, a flower shop, and a food truck park, reflecting a mix of commercial activity in the area.

Key Highlights

• 2,080‑square‑foot manufacturing property
• Built in 1920
• Cabinet‑shop use for nearly 30 years

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$12,671

Cap Rate

3.62%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$253,420 $253.4K

Cap Rate 7%

$181,014 $181.0K

Cap Rate 9%

$140,789 $140.8K

Market Conditions

NOI Build-Up for 2,080 SF

Gross rent

$19.7K $9.48/SF

− Vacancy

−$1.6K −$0.78/SF

EGI

$18.1K $8.70/SF

− OpEx

−$5.4K −$2.61/SF

NOI

$12.7K $6.09/SF

Area

Coweta County, GA

Vacancy

8.20%

Lease Rate

$9.48 /SF/Yr

Expense Ratio

30.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$253,420

Cap Rate 7%

$181,014

Cap Rate 9%

$140,789

Alternative Uses

Best Use

Industrial

$181.0K

$158.4K – $211.2K (±1% cap)

NOI $12,671 @ 7.0% cap · market cap 3.62%

Second Best

—

—

no second resolved use

Theoretical Best

Office A

$581.4K

$508.8K – $678.4K (±1% cap)

NOI $40,701 @ 7.0% cap · market cap 11.63%

Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Manufacturing properties

Suggested Use

Top Pick Building Supply Electrical Service HVAC Service Big Box & Wholesale Store Garden Center Auto Parts Store

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

61

Businesses Nearby

Explore this area Business Placement

Demographics for 30289, GA

44

Population

6

Households

7.3

Avg Household Size

40

Median Age

23%

College-Educated

100%

High-School Grad

0.1 sq mi

ZIP Area

440

Density / Sq Mi

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

Questions? Ask Rey

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

Frequently Asked Questions

What type of property is this?

Manufacturing property - Established commercial property in Turin with a long history of cabinet-shop use.

Where is this manufacturing property located?

The property is located at 11 Turin, GA.

What is the asking price?

The asking price for this property is $350,000.

What are key features of this property?

This property features: 2,080‑square‑foot manufacturing property; Built in 1920; Cabinet‑shop use for nearly 30 years