9529 Main StJonesboro, GA 30236
- Industrial properties
- 30,000 SF
Property Details for 9529 Main St
- Year built
- 1986
- Lot size
- 2.11 AC
- Property size (Sq ft)
- 30,000 SF
- Zone code
- HI
- Property type
- Industrial properties
- Property subtype
- Distribution centers
- APN
- 06-032 -034-022
- APU
- 6032034022
Description
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.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $4,367,646
- Hospitality
- $4,000,740
- Educational
- $3,328,569
- Medical
- $3,443,044
- Retail
- $5,177,774
Location Insight
- City
- Jonesboro
- County
- Clayton
- State
- Georgia
- Latitude
- 33.4944
- Longitude
- -84.341
- CBSA code
- 12060
- CBSA name
- ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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