206 Mathews St Barnesville, GA 30204
This exceptional industrial property, located at 206 Mathews Street in Barnesville, Georgia, presents a significant investment opportunity. Comprising two interconnected buildings totaling 235,531 square feet on a 10.67-acre fenced lot, this property offers substantial space for distribution and manufacturing operations. Building 1 boasts 159,381 square feet, including a 134,925 square foot main warehouse, 4,480 square feet of office space, an 18,900 square foot mezzanine, and pass-through vestibules. It features a 24-foot clear ceiling height and 40' x 35' column spacing. Building 2 adds another 76,150 square feet with a center ceiling height of 18.6 feet, and varying ceiling heights ranging from 10 to 11 feet at the eaves, and 25' x 60' column spacing. Both buildings benefit from heavy power (1600-2000 AMP, 3-phase). The property includes 20 dock-high doors. Significant capital improvements exceeding $1 million were completed in 2022, encompassing roof improvements, a new office, painting, roll-up door repairs, and fire suppression system upgrades. The property is currently vacant and available for sale at $10,800,000, with a Net Net + lease type also available. Built in 1968 and extensively renovated in 2022, this property is zoned for industrial use and offers a rare combination of size, functionality, and modern amenities.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.