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Property profile & analytics
OFF-MARKET Estimated value $685,000
Industrial properties

2225 Centennial Dr Gainesville, GA 30504-5760

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
$685k
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
Price N/A
Zoning & alternative use
I-I · Gainesville, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source ARTICLE 9-1
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