715 11th Ave Cordele, GA 31015-3420
- Warehouses
- 3,050 SF
- 0.93 lot acres
Current Use by Public Records
- Colonial Baking Co / Wholesale Bakery
- BEST VALUE COMMERCIAL TIRE / Tire Shop
Property Details for 715 11th Ave
- Year built
- 1968
- Construction
- STEEL FRAME
- Lot size
- 0.93 lot acres
- Property size
- 3,050 SF
- Zone code
- COMMERCIAL
- Property type
- Warehouses
- Property subtype
- Self storage facilities
- APN
- C25-004
- APU
- C25004
Description
This 3,050 square foot warehouse in Cordele, Georgia, presents a compelling investment opportunity. Located on a 0.91-acre lot with 175 feet of frontage and 215 feet of depth, the property boasts a modified lease with a single tenant, currently generating $850 per month in rental income until June 30, 2025. The building, constructed in 1968 and zoned industrial, features a 400 square foot office space renovated in 2016, including a restroom. The warehouse itself comprises 2,650 square feet with 12-14 foot ceilings, fluorescent lighting, and gas heaters. Access is provided by a 10x10 drive-in door at the front and a 10x10 dock-high roll-up door at the rear. All public utilities are connected to the site. The asking price is $130,000. This property offers a strong return on investment with a current lease in place and potential for future appreciation. The property's location in Crisp County, Georgia, provides easy access to transportation routes and local amenities. This is an excellent opportunity for investors seeking a stable, income-generating asset in a growing market.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Cordele
- County
- Crisp
- State
- Georgia
- Longitude
- -83.7713
- Latitude
- 31.9693
- CBSA code
- 18380
- CBSA name
- CORDELE, GA MICROPOLITAN STATISTICAL AREA
