222 King StCalhoun, GA 30701

  • Warehouses
  • 51,461 SF
For Sale
$2,100,000 View listing

Property Details for 222 King St

Year built
1943
Lot size
1.82 AC
Property size (Sq ft)
51,461 SF
Zone code
IND-G
Property type
Warehouses
Property subtype
Self storage facilities
APN
C12 - -127
APU
C12127

Description

This ±50,831 square foot industrial flex space presents a unique investment opportunity in Calhoun, Georgia. Located on a 1.82-acre lot at 222 King St S, this single-story, Class B building boasts convenient access to I-75, just 3 miles away. The property features 50,831 square feet of net rentable space, divided into sections with ceiling heights ranging from 12 to 14 feet. Two dock-high doors and two drive-in doors provide ample loading capabilities. The property includes two existing month-to-month tenants generating a net operating income of $4,500 per month. Zoned IND-G, this versatile space is suitable for various uses, including warehouse, light manufacturing, flex space, or showroom applications. Built in 1985, the building includes a built-in apartment with two bedrooms and two bathrooms. A portion of the roof has been recently replaced. The property benefits from its proximity to major transportation routes, including the CSX rail line, and is strategically located near Dalton's flooring industry and Atlanta's business hub. The asking price is $2,100,000, translating to $41.31 per square foot. Owner financing may be considered for qualified buyers. This property offers a compelling combination of location, functionality, and income potential.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $12,458,252
    Hospitality
    $11,411,692
    Educational
    $9,494,394
    Medical
    $9,820,921
    Retail
    $14,769,057

Location Insight

City
Calhoun
County
Gordon
State
Georgia
Latitude
34.4997
Longitude
-84.9537
CBSA code
15660
CBSA name
CALHOUN, GA MICROPOLITAN 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
2023
$5,602
$133,160
$66,080
$199,240
-
$332,900
$165,200
$498,100

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