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    FOR SALE
    Manufacturing properties

    2850 Gainesville Hwy, Alto, GA 30510

    355,882 SF 98.29 ac lot Built 1966
    Individually Owned 2-yr Hold Absentee Owner Free & Clear
    Property ID
    US22-3471858
    Property summary
    AI-generated overview

    This exceptional industrial warehouse property, located at 2850 Gainesville Highway in Alto, Georgia (zip code 30510), offers a significant opportunity for businesses seeking substantial space. The property boasts a total of 466,857 square feet across two suites, with a substantial 271,950 square feet currently available for lease. Individual spaces as small as 88,408 square feet are also divisible, providing flexibility for various operational needs. Built in 1967 and renovated in 1997, the warehouse features a 32-foot ceiling height, ideal for high-volume storage or manufacturing. Loading and unloading are facilitated by 14 dock-high doors and 3 drive-in doors. Ample parking is provided with 300 spaces. The property sits on a generous 106.2-acre lot and benefits from heavy power throughout the building. The zoning is designated M-1. The property's APN is B12-003-1 | B12-003-2. This is a rare opportunity to secure a large, well-maintained industrial space in a strategic location. The property's size, features, and location make it an ideal choice for businesses requiring significant warehouse or distribution space. Contact us today to learn more about leasing options.

    Property profile
    Verified
    Property type Manufacturing properties
    Use group HEAVY MANUFACTURING
    Year built 1966
    Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Total area 355,882 SF
    Lot 98.29 ac (4,281,512 SF)
    Zoning code M1
    APN B12 003 1
    UPID US22-3471858
    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
    • Hoping Foods Warehouse & Storage
    • Mount Vernon Mills Inc. Mill Factory
    • NICOLON Industrial Manufacturer Production Facility
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $7.36M
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $5.25M
    Blend (final) Blend
    $7.42M
    Owner & transaction history
    Phoenix Alto Industrial Investors L · 2 yrs held
    Phoenix Alto Industrial Investors L
    since 2024
    Last sale
    $7.5M
    4 recorded transactions
    2024
    $7.5M
    2021
    $7.5M
    2020
    2018
    Zoning & alternative use
    M1 · Alto, GA
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    More about this property
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