You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
Back to Search
Property profile & analytics
FOR SALE
Office buildings

232 Industrial Park Dr Commerce, GA 30529

6,000 SF 2 ac lot Built 1992
Entity Owned 5-yr Hold ~ Est. High Equity
Property ID
US22-3467020
Property summary
AI-generated overview

This exceptional 6,000-square-foot medical office building presents a compelling investment opportunity in Commerce, Georgia. Located at 232 Industrial Park Dr, this Class C property boasts a prime location less than a mile from Interstate 85 Exit 149 (Banks Crossing), benefiting from the rapid growth spurred by the SK Battery development and surrounding industrial expansion. Currently 100% occupied by three tenants with long-term lease options (3,000 SF, 2,000 SF, and 1,000 SF respectively), this multi-tenant building offers minimal landlord responsibilities and strong potential for future returns. Built in 1992, the well-maintained property features a C2 zoning designation and is situated within a thriving commercial area, complemented by recent additions like Chipotle and Whataburger. The asking price is $895,000, translating to $149.17 per square foot. With millions of square feet of industrial space under construction nearby and continued retail and commercial development, this investment promises significant long-term value. The property's strong tenancy and location make it an attractive addition to any portfolio. Showings are by appointment only with proof of funds. Do not disturb tenants. APN: B55 022A.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1992
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 6,000 SF
Lot 2 ac (87,120 SF)
Zoning code C2
APN B55 022A
UPID US22-3467020
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
  • Software Systems Unlimited Inc (Bike/Boat/Book/etc) Store Corporate Office
  • Georgia Mentor Foster Care Service Social Service Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$525k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$525k
Owner & transaction history
Mach 1 Properties LLC · 5 yrs held
Mach 1 Properties LLC
since 2021
Last sale
$525,000
2 recorded transactions
2021
$525,000
2005
$506,000
Zoning & alternative use
C2 · Commerce, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general) $720,000 +19.0%
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message