9529 Main StJonesboro, GA 30236

  • Industrial properties
  • 30,000 SF
For Sale
$2,800,000 View listing

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
9529 Main St, Jonesboro, Georgia

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

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$15,926
$29,560
$378,680
$408,240
-
$73,900
$946,700
$1,020,600

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