1001 Nebula Rd Manchester, GA 31816
- Manufacturing properties
- 43,560 SF
- 9.97 lot acres
Current Use by Public Records
- Ennisflint / Warehouse
- PPG Traffic Solutions Center / City Government Office
Property Details for 1001 Nebula Rd
- Year built
- 1955
- Construction
- FRAME
- Lot size
- 9.97 lot acres
- Property size
- 43,560 SF
- Zone code
- 2
- Property type
- Manufacturing properties
- APN
- MA03- -071
- APU
- MA03071
Description
This ±50,040 square foot industrial facility in Manchester, Georgia, presents a compelling value-add opportunity. Located on ±9.97 acres, the property includes three buildings, offering a mix of warehouse and office space. The warehouse boasts ±14' clear ceiling height, five loading docks (four dock-high, one grade-level), and a drive-in ramp. Two substantial outside storage sheds (each ±14,400 SF with 23' clear height) and six trailer parking spaces provide ample additional storage. The property also features a ±1,900 square foot tower area with ±50' clear height and a 12' x 16' grade-level door. The site is fully fenced and gated, offering enhanced security. The property is zoned I-1 (Limited Industrial) and benefits from its proximity to major transportation routes, approximately 70 miles southwest of Atlanta, near Newnan and LaGrange, and about 28 miles from I-85 Exit 28 (Hogansville). The building is equipped with a fully sprinklered wet fire protection system and offers 77 parking spaces. Currently vacant, this property is ideal for owner-users seeking to customize and expand their operations. The asking price is $2,325,000, translating to $46.46 per square foot. Built in 1955, this Class B property offers significant potential for renovation and modernization.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $785,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $740,000
- 6.5%
- $840,000
- 7%
- $800,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $885,000
- Geo Method
- $785,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $890,000
- Retail
- $980,000
- Mixed-Use
- $860,000
- Hospitality
- $800,000
- Educational
- $980,000
- Residential Income
- $970,000
- Energy
- $720,000
- Income-Based Land
- $820,000
- Food Service
- $825,000
Location Insight
- Map
- Local Demand
- City
- Manchester
- County
- Meriwether
- State
- Georgia
- Longitude
- -84.6351
- Latitude
- 32.8513
- CBSA code
- 12060
- CBSA name
- ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA