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Property profile & analytics
OFF-MARKET Estimated value $3,750,000
Distribution centers

302 Airport Dr Montezuma, GA 31063

61,580 SF 6.6 ac lot Built 1965
Entity Owned 7-yr Hold Free & Clear
Property ID
US22-3479096
Property summary
AI-generated overview

This exceptional industrial property, located at 302 Airport Drive in Montezuma, Georgia, presents a significant leasing opportunity. The single-tenant facility boasts a substantial 333,862 square feet of space, ideally suited for cold storage and warehousing operations. Constructed in 1990, the building is situated in Macon County, offering convenient access to key transportation routes. The property's classification as both refrigerated/cold storage and warehouse makes it highly versatile, catering to a wide range of businesses requiring temperature-controlled storage and general warehousing needs. Its location in Montezuma, Georgia, zip code 31063, provides a strategic advantage for companies serving the region. The property's single-tenant occupancy ensures streamlined management and operational efficiency. This substantial space offers significant potential for businesses seeking a large-scale, well-maintained industrial facility in a prime location. The property is available for lease and represents a compelling investment opportunity for businesses requiring extensive cold storage and warehousing capabilities. Interested parties are encouraged to inquire for further details and leasing information. The property's geographic coordinates are 32.2982893 latitude and -84.0101624 longitude.

Property profile
Verified
Property type Distribution centers
Use group DISTRIBUTION WAREHOUSE
Year built 1965
Construction STEEL FRAME
Total area 61,580 SF
Lot 6.6 ac (287,496 SF)
Zoning code 3
APN 432A-A-0002
UPID US22-3479096
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$3.75M
Owner & transaction history
302 Airport Drive LLC · 7 yrs held
302 Airport Drive LLC
since 2019
1 recorded transaction
2019
$400,000
Zoning & alternative use
3 · Montezuma, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores $5.2M +42.2%
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