21 Industrial BlvdEastman, GA 31023

Property Details for 21 Industrial Blvd

Year built

1960

Lot size

6.27 AC

Property size (Sq ft)

7,112 SF

Zone code

COMMERCIAL

Property type

Office properties

Property subtype

Office buildings

APN

048 011

APU

48011

Description

This exceptional Eastman, Georgia property presents a unique investment opportunity. The 28,000 square foot building boasts a blend of office and warehouse space, ideal for a variety of uses. 7,640 square feet of heated and cooled office space includes thirty-five individual offices, a vault, two conference rooms, a break room, and a lounge. The 12,360 square foot warehouse features a three-bay loading dock and two concrete ramps. Situated on 10.13 acres of fenced land, the property also includes a newly constructed pole barn and another six-bay pole barn, providing ample additional storage or expansion potential. The convenient location at 21 Industrial Blvd, just off College Street, places the property at the heart of Eastman's industrial complex. A large paved parking area surrounds the building, ensuring convenient access for employees and clients. The asking price is $585,000, with a price per square foot of $20.89. An additional 7,640 square feet of air rights are also available. The property is currently vacant and ready for immediate occupancy. This is a rare opportunity to acquire a substantial and versatile commercial property in a growing area. The single-story building is ready for your business to thrive.

• CAP approach

  CAP return

  Valuation

  6%

  $1,040,232

  6.5%

  $960,214

  7%

  $891,628

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,209,990

  Geo Method

  $1,209,990

• Alternative Use

  Use

  Valuation

  Residential

  $1,190,666

  Hospitality

  $1,090,644

  Educational

  $907,403

  Medical

  $938,610

  Retail

  $1,411,515

Location Insight

City

Eastman

County

Dodge

State

Georgia

Latitude

32.1795

Longitude

-83.1633

Property Tax & Assessments

FAQs

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