234 Depot St Greenville, GA 30222
This exceptional industrial warehouse, located at 234 Depot Street in Greenville, Georgia, presents a compelling investment opportunity. Boasting a substantial 20,424 square feet of space, this property sits on a generous 1.74-acre lot and offers a highly desirable location just two blocks from Greenville's Town Center. The warehouse features a secure, fenced storage yard, a large loading dock, and two convenient drive-in bays, ensuring efficient loading and unloading operations. Inside, the flexible layout includes 19,000 square feet of open floor space, perfect for various industrial uses, complemented by approximately 1600 square feet of office space. The office area is well-appointed with a reception area, conference room, kitchenette, and private offices, providing ample space for administrative functions. The property benefits from significant recent upgrades, including an electrical system update completed 10 years ago and an HVAC system upgrade just 7 years ago. High ceilings, exceeding 18 feet in height, maximize storage and operational efficiency. The warehouse is strategically positioned for easy access to major transportation arteries, including US Highway 27 (Roosevelt Highway), GA Highway 109, Highway 18, and GA Highway 100, facilitating seamless transportation north and south. The property's layout is divisible into three sections, making it ideal for a single user or multiple tenants. Its advantageous location directly behind established businesses like Dollar General, Sentry Hardware, and Piggly Wiggly, further enhances its appeal. The electrical system will be activated during the inspection period. This property offers a rare combination of size, location, and modern amenities, making it an exceptional investment opportunity.
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
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.