660 Peavy Rd Byron, GA 31008
This exceptional industrial property, located at 660 Peavy Rd, Byron, GA 31008, presents a compelling investment opportunity. The 48,000 square foot warehouse complex sits on a substantial 24.45-acre lot, boasting 800 feet of frontage on Peavy Road, providing excellent visibility from Interstate 75. Built in 1995 and extensively renovated in 2015, the property includes approximately 8,000 square feet of office space with updated HVAC systems. The 2015 renovations also included repaving the parking lot and driveway, ensuring ample parking for employees and visitors. The warehouse features high ceilings, ranging from approximately 10 to 20 feet, and is equipped with 3-phase power. City water and sewer services are available, along with two fire hydrants on the property. Adding to the property's income potential, there's a current monthly income of $2,000 from truck parking and $200 from a billboard lease. The property is zoned with 6 acres zoned C-1 and 18.45 acres zoned R-AG. The property also includes a 2,400 square foot rear covered canopy and a 5,016 square foot front covered canopy. A road improvement/widening project is slated to begin in the near future, further enhancing accessibility and visibility. Easy truck access for loading and unloading is a key feature. The asking price is $2,999,000, representing a price per square foot of $72.92.
This district provides for this commercial use and establishes regulations that control its effect on the entire community yet permit its future growth, Uses permitted within this district shall include highway oriented retail commercial establishments as well as personal and professional services, The intent of this district shall be to provide a commercial…
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
Physical attributes from public recordsZoning & alternative use
C-1 · Byron, GAThis district provides for this commercial use and establishes regulations that control its effect on the entire community yet permit its future growth, Uses permitted within this district shall include highway oriented retail commercial establishments as well as personal and professional services, The intent of this district shall be to provide a commercial district designed to serve the community at large consisting of a wide variety of sales and service facilities and locations that will be accessible to all shoppers, as well as serving the motoring public
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.