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    Property profile & analytics

    116 Rail Rd Way Barnesville, GA 30204

    • Industrial properties
    • 220,000 SF
    • 5.00 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Industrial properties

    Property Details for 116 Rail Rd Way

    Lot size
    5.00 lot acres
    Property size
    220,000 SF
    Property type
    Industrial properties
    Property subtype
    Flex space

    Description

    This exceptional 5-acre industrial outdoor storage site in Barnesville, GA, presents a unique owner-user opportunity. Located at 116 Rail Road Way and 759 Zebulon Street, Barnesville, GA 30204, this property boasts 220,000 square feet of developed land, ideal for truck parking, fleet storage, equipment/materials storage, and various industrial applications. The site features a 24-hour electric gate with security cameras, ensuring a secure environment. Fully fenced and equipped with yard lighting, this property offers peace of mind. A rail spur is approved, adding significant logistical advantages. Currently vacant, this property is ready for immediate use. The asking price is $1,500,000, with a preferred 5-year NNN lease at 3% annual rent bumps and a 5-year renewal option. The tenant profile is suitable for credit-rated, franchisee, or corporate-guaranteed businesses. This prime location in Lamar County offers a flexible and secure outdoor storage solution, making it an excellent investment for businesses seeking a strategic foothold in the area. Don't miss this chance to acquire a ready-to-use industrial property with significant potential.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Barnesville
    County
    Lamar
    State
    Georgia
    Longitude
    -84.1706
    Latitude
    33.0538

    Comparable in this City

    • Value Estimation by Request
      1,530.00 Acres

      Highfalls Park Rd

      Land • 1,530.00 Acres
      0 Highfalls Park Rd, Barnesville, GA 30204
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    • Value Estimation
      $245,000
      1.12 Acres

      Walker Pkwy

      INDUSTRIAL (GENERAL) • 1.12 Acres
      Walker Pkwy, Barnesville, GA 30204
      View Details
    • Value Estimation
      $245,000
      2.12 Acres

      Walker Pkwy

      INDUSTRIAL (GENERAL) • 2.12 Acres
      Walker Pkwy, Barnesville, GA 30204
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    • Value Estimation by Request

      206 Mathews St

      Manufacturing properties
      206 Mathews St, Barnesville, GA 30204
      View Details
    • Value Estimation by Request
      220,000 SF

      116 Rail Rd Way

      Industrial properties • 220,000 SF
      116 Rail Rd Way, Barnesville, GA 30204
      View Details
    • Value Estimation by Request
      235,531 SF

      206 Mathews St

      Distribution properties • 235,531 SF
      206 Mathews St, Barnesville, GA 30204
      View Details

    Similar Nearby for Sale

    • $10,800,000
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      Barnesville Industrial Property

      235,531 SF Warehouse, $45.85/SF
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      Legacy Trade Center: Prime GA Land

      1,530 Acres Industrial Land, I-75 Access
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      Prime Barnesville Industrial Site

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      Industrial Warehouse with Highway Access

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      Two interconnected buildings totaling 235,531 square feet with recent improvements.
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    Similar Nearby for Lease

    • $15,000 /Mo
      223,027 SF

      Industrial Outdoor Storage For Lease

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    • $15,000 /Mo
      217,800 SF

      Barnesville Truck Parking & Storage

      5.05 acre truck parking and industrial outdoor storage yard.
      116 Zebulon St, Barnesville, GA 30204
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    • $4 SF/Yr
      235,531 SF

      Barnesville, GA Industrial Warehouse

      235,531 SF Warehouse, Distribution, Manufacturing
      206 Mathews St, Barnesville, GA 30204
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    116 Rail Rd Way
    Barnesville, GA 30204
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
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