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    FOR SALE
    Industrial properties

    2225 Centennial Dr, Gainesville, GA 30504

    28,100 SF 4.28 ac lot Built 1994
    Entity Owned 12-yr Hold Free & Clear
    Property ID
    US22-1801619
    Property summary
    AI-generated overview

    This exceptional 28,100-square-foot warehouse, situated on a 4.28-acre lot in Gainesville, Georgia's Centennial Industrial Park, presents a compelling investment opportunity. Priced at $3,995,000 ($142.17/SF), this single-story, 1994-built structure boasts a versatile I1 zoning designation, allowing for a wide range of industrial uses. The building features two dock-high doors (one 8'x8', one 10'x10'), providing convenient loading and unloading capabilities. Ceiling heights range from 14 to 18 feet, offering ample vertical space, and the warehouse areas are clear-span for efficient layout. Currently configured with office and lab space, including several demised clean rooms, the property is easily adaptable to traditional warehouse use. Three-phase power is available, with capacity for expansion. The property's strategic location offers easy access to I-985 (approximately four miles) and the new inland port (eleven miles). Ample parking is available on the expansive site. Lab equipment may be included in the sale, sold separately, or removed as desired. This well-maintained property represents a significant opportunity for investors seeking a versatile and strategically located industrial asset in a thriving market.

    Property profile
    Verified
    Property type Industrial properties
    Use group INDUSTRIAL (GENERAL)
    Year built 1994
    Construction STEEL FRAME
    Total area 28,100 SF
    Lot 4.28 ac (186,437 SF)
    Zoning code I-I
    APN 08-013 -002-011
    UPID US22-1801619
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Aeon Clinical Laboratories Medical Laboratory
    • AEON Global Health Corporate Office
    • AMICUS Industrial Manufacturer Production Facility
    • Optimum Ventures LLC Financial Advisor
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $2.05M
    Blend (final) Blend
    $1.55M
    Owner & transaction history
    Centennial Props Of Georgia LLC · 12 yrs held
    Centennial Props Of Georgia LLC
    since 2014
    2 recorded transactions
    2014
    $880,000
    1969
    Zoning & alternative use
    I-I · Gainesville, GA
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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