3240 Hutchinson Ave Adel, GA 31620-5292
This exceptional industrial property, located at 3240 Hutchinson Avenue S in Adel, Georgia (zip code 31620), presents a unique investment opportunity. The 3,200 square foot warehouse sits on a 4-acre lot with over 500 feet of frontage on Highway 41, offering excellent visibility and accessibility. The metal building features a climate-controlled interior, including a showroom with a counter and two private offices, a handicap-accessible bathroom with a shower, and an alarm system. The rear of the building boasts two 12-foot roll-up doors, strategically wired walls for equipment, and a cooled warehouse space. A 20 x 40 foot concrete slab extends from the rear of the building, providing additional outdoor storage or workspace. Three-phase power is installed to accommodate heavy equipment. The property is zoned H-I and includes ample parking for 50 vehicles. Currently leased with a 60-day notice requirement, this versatile property is ideal for a variety of businesses. An additional 6 acres are available for purchase. Asking price is $325,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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Risks
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