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    OFF-MARKET
    Warehouses

    650 Foster St, Cornelia, GA 30531-2822

    5,344 SF 8.81 ac lot Built 1961
    Individually Owned ~ Est. High Equity
    Property ID
    US22-4669343
    Property summary
    AI-generated overview

    This exceptional 4,000 square foot metal warehouse presents a compelling investment opportunity in Cornelia, Georgia. Situated on an expansive 11.75-acre lot (8.81 acres directly adjacent to the warehouse and an additional 2.94 acres next door), this property offers significant potential for expansion and diverse uses. Currently configured as a cabinet shop, the warehouse boasts a flexible layout ready for immediate occupancy or customization to suit your specific business needs. A section of the building shows the beginnings of an apartment or office conversion, offering further versatility. The property's strategic location on Highway 441 Bypass ensures high visibility and convenient access. The substantial acreage provides ample room for expansion, additional construction, or simply offers a generous buffer zone. This property is ideal for entrepreneurs seeking a ready-to-use space with significant growth potential or investors looking for a strong return. The combination of size, location, and expansion possibilities makes this a rare find in the Cornelia market. Don't miss this chance to acquire a versatile and strategically located industrial property.

    Property profile
    Verified
    Property type Warehouses
    Use group WAREHOUSE, STORAGE
    Year built 1961
    Construction STEEL FRAME
    Total area 5,344 SF
    Lot 8.81 ac (383,764 SF)
    Zoning code AGRI
    APN 087C003C
    UPID US22-4669343
    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
    by Request
    Owner & transaction history
    Ashley Pineda
    Ashley Pineda
    since 2025
    Last sale
    $400,000
    2 recorded transactions
    2025
    $400,000
    2018
    $170,000
    Zoning & alternative use
    AGRI · Cornelia, GA
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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