1022 Mccormick Hwy Lincolnton, GA 30817
- Industrial properties
- 199,320 SF
- 14.86 lot acres
Current Use by Public Records
- Adrenaline Powerboats Glass Factory / Manufacturer
Property Details for 1022 Mccormick Hwy
- Year built
- 1974
- Construction
- TYPE NOT SPECIFIED
- Lot size
- 14.86 lot acres
- Property size
- 199,320 SF
- Zone code
- INDUSTRIAL
- Property type
- Industrial properties
- APN
- 38 003
- APU
- 38003
Description
This exceptional 190,000-square-foot industrial property in Lincolnton, Georgia, presents a significant opportunity. Situated on 14.86 acres, this single-tenant building boasts a Class B rating and offers a blend of modern updates and established infrastructure. Constructed in 1974 with renovations completed in 2011, the warehouse features twelve dock-high doors and one drive-in door, ensuring efficient loading and unloading. The layout includes three large warehouse areas, complemented by dedicated office and break room spaces, providing ample room for operations and staff. The property benefits from robust three-phase power. Zoned M2, this facility is strategically located in Lincoln County, offering convenient access to key transportation arteries. It's less than an hour from Fort Gordon, forty minutes from the Augusta MSA, and under an hour from Augusta Regional Airport. A twenty-minute drive connects the property to Interstate 20 in Thomson, Georgia. This location also benefits from its designation within an Opportunity Zone, offering potential tax advantages. The building is a single-story structure. This property is ideal for manufacturing, warehousing, or distribution businesses seeking a well-equipped and strategically located facility. The property's size, features, and location combine to create a compelling investment opportunity.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $1,450,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $1,160,000
- 6.5%
- $1,120,000
- 7%
- $1,275,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $1,060,000
- Geo Method
- $1,165,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,240,000
- Retail
- $1,080,000
- Mixed-Use
- $1,045,000
- Hospitality
- $1,090,000
- Educational
- $1,025,000
- Residential Income
- $1,275,000
- Energy
- $1,070,000
- Income-Based Land
- $1,250,000
- Food Service
- $1,225,000
Location Insight
- Map
- Local Demand
- City
- Lincolnton
- County
- Lincoln
- State
- Georgia
- Longitude
- -82.4667
- Latitude
- 33.8039
- CBSA code
- 12260
- CBSA name
- AUGUSTA-RICHMOND COUNTY, GA-SC METROPOLITAN STATISTICAL AREA
