921 Old Still Rd Woodbine, GA 31569
- Industrial properties
- 30,000 SF
- 5.84 lot acres
Current Use by Public Records
- Industrial properties
Property Details for 921 Old Still Rd
- Lot size
- 5.84 lot acres
- Property size
- 30,000 SF
- Zone code
- IL
- Property type
- Industrial properties
- APN
- 093 054Q
- APU
- 093054Q
Description
This exceptional Class A industrial distribution center, located at 921 Old Still Road, Woodbine, GA 31569, presents a unique owner-user opportunity. Built in 2022 and meticulously upgraded in 2023, this 30,000-square-foot facility sits on a 5.84-acre lot and boasts a 20-foot ceiling height, one loading dock, and two dock-high doors. The property includes 2,080 square feet of finished office space, new racks and shelving valued at $200,000 (included in the $3,800,000 asking price), and recent improvements totaling approximately $300,000. These upgrades encompass a new exterior drainage system, a comprehensive security camera system, IT and Wifi infrastructure, and epoxy flooring. The building features heating, air conditioning, and a sprinkler system. Its strategic location, just one mile from I-95 and conveniently situated between the ports of Jacksonville and Savannah, offers unparalleled access to major transportation arteries and a vast consumer base (over 60 million within an 8-hour drive). The property benefits from its proximity to the planned I-95 Gateway Logistics Center, a 500-acre development across the street, further enhancing its long-term value and potential. This vacant property is ready for immediate occupancy, offering a rare opportunity to acquire a pristine, high-quality distribution center in a rapidly growing area. The property is currently vacant and available for occupancy on November 26, 2024. Ample parking is available.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $2,370,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $2,525,000
- 6.5%
- $2,435,000
- 7%
- $2,245,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $2,575,000
- Geo Method
- $2,670,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $2,260,000
- Retail
- $2,015,000
- Mixed-Use
- $2,010,000
- Hospitality
- $2,190,000
- Educational
- $2,035,000
- Residential Income
- $2,345,000
- Energy
- $2,080,000
- Income-Based Land
- $2,195,000
- Food Service
- $2,445,000
Location Insight
- Map
- Local Demand
- City
- Woodbine
- County
- Camden
- State
- Georgia
- Longitude
- -81.677
- Latitude
- 30.8434
- CBSA code
- 41220
- CBSA name
- ST. MARYS, GA MICROPOLITAN STATISTICAL AREA
