1560 Kalamazoo Dr Griffin, GA 30224-3920
This 7,900-square-foot industrial property, located at 1560 Kalamazoo Dr, Griffin, GA 30224, presents a compelling investment opportunity. Built in 1964, the single-building structure sits on a 1.26-acre lot and is zoned I3. The property features two loading docks and a 12-foot ceiling height, offering ample space for various industrial or commercial uses. The building's 7,900 square feet of net rentable space is currently priced at $75.82 per square foot, with an asking price of $599,000. The property's location in Griffin, Georgia, near Kalamazoo Road and Highway 19, provides convenient access to major transportation routes. While the building requires some repairs, its substantial size and strategic location offer significant potential for a variety of businesses. The current tenant is on a month-to-month lease. The property's parcel number is 049A02003. This is a rare opportunity to acquire a well-situated industrial property in a growing market. Serious inquiries are encouraged.
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Southeastern Wood Products Co General Contractor Construction Company
It shall be the intent of this district to establish and protect sites for light industrial uses which are not significantly objectionable in terms of appearance, noise, odor, fumes, etc, to surrounding properties, The regulations which apply within this district are designed to encourage the formation and continuance of a compatible environment for uses of…
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
PID · Griffin, GAIt shall be the intent of this district to establish and protect sites for light industrial uses which are not significantly objectionable in terms of appearance, noise, odor, fumes, etc, to surrounding properties, The regulations which apply within this district are designed to encourage the formation and continuance of a compatible environment for uses of a light industrial nature, to protect and preserve undeveloped areas of the city which are suitable for such industries and to discourage encroachment by other uses which are capable of adversely affecting the limited industrial character of the district
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.