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Property profile & analytics
OFF-MARKET Estimated value $1,830,000
Distribution centers

9529 Main St Jonesboro, GA 30236-8708

30,000 SF 2.11 ac lot Built 1986
Individually Owned 10-yr Hold Absentee Owner Free & Clear
Property ID
US22-1710991
Property summary
AI-generated overview

This exceptional investment opportunity presents a 30,000-square-foot, single-story industrial warehouse in Jonesboro, Georgia. Located at 9529 S Main St, 30236, this Class B property sits on 2.1 acres and boasts a prime location near Hartsfield-Jackson Atlanta International Airport and downtown Atlanta, ensuring easy access to major transportation routes. Built in 1986 and renovated in 2020, the building features eight dock-high doors and two loading docks, along with a 24-foot ceiling height. Currently 80% occupied by three tenants under a gross lease, this multi-tenant property offers a stable income stream with a current asking price of $2,800,000 ($93.33/sq ft and $659,000/unit). The property is zoned HI and includes five units, providing the potential to expand operations or lease to additional tenants, maximizing investment potential. The 2023 property tax assessment was $16,648.00, and the annual insurance premium is $10,283.28. This is an ideal owner-user opportunity with strong potential for future growth in a thriving economic center. The property offers ample space, efficient layouts, and a strategic location for optimal productivity and convenience. This is a rare chance to acquire a well-maintained, income-producing asset with significant upside.

Property profile
Verified
Property type Distribution centers
Use group DISTRIBUTION WAREHOUSE
Year built 1986
Total area 30,000 SF
Lot 2.11 ac (91,912 SF)
Zoning code HI
APN 06-032 -034-022
UPID US22-1710991
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
Current use
Occupant on record · Public records
  • Allstate Auto Group Car Dealership
  • Trident Contracting Hardware & Home Improvement Interior Design
  • Ls Swaps R Us Industrial Manufacturer
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.98M
Blend (final) Blend
$1.83M
Owner & transaction history
Colony Bk · 10 yrs held
Colony Bk
since 2016
5 recorded transactions
2024
Price N/A
2016
Price N/A
2016
Price N/A
2016
$1.7M
1969
Price N/A
Zoning & alternative use
HI · Jonesboro, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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