Property profile

1161 Commerce Dr Madison, GA 30650

OFF-MARKET
Office buildings
Property ID
US22-3695831
2,604 SF 1.59 ac lot Built 2000
Entity Owned 5-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional industrial property in Madison, Georgia, presents a unique investment opportunity. Located in a small industrial park just half a mile from I-20 and approximately 15 miles from Stanton Springs, this property boasts a combined 8,600 square feet of versatile space. The property includes a 2,600 square foot office building, featuring attractive tiled and hardwood floors, a conference room, five executive offices, a break room/kitchenette, and two bathrooms. The building is constructed of four-sided brick. Adjacent is a 6,000 square foot warehouse, offering 14-foot ceilings and two roll-up doors at the front. A portion of the warehouse benefits from climate control, and it also includes a separate office area. The property features ample parking with 20 spaces in a paved lot, and the remaining 1.59 acres of land are fenced. Built in 2000, this property offers a blend of modern office space and functional warehouse capabilities, making it ideal for a variety of businesses. The convenient location and excellent access to major transportation routes make this a highly desirable investment. The asking price is $699,000.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 2000
Construction STEEL FRAME
Total area 2,604 SF
Lot 1.59 ac (69,260 SF)
Zoning code C5
APN 046B 034
UPID US22-3695831

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • (Bike/Boat/Book/etc) Store
  • Pet Store & Service

Location

1161 Commerce Dr Madison, GA 30650-4947
Madison metro Census 10302 ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$520k
CAP Approach CAP
$570k
Comparable Approach Comparable
$501k
Blend (final) Blend
$570k

Owner & transaction history

since 2021
Last sale
$600,000
3 recorded transactions
2021
$600,000
2011
$400,000
2010
$10,400

Zoning & alternative use

C5 · Madison, GA
General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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