Dunson Mill 101 Thornton Street 400,000 SF Industrial Building Lagrange, GA 30241 $4,300,000 ($10.75/SF)



EXECUTIVE SUMMARY
101 Thornton Street is the location of the Dunson Mill, a former textile manufacturing mill and warehouse complex circa 1911. The complex is in downtown LaGrange, GA on approximately 47 acres. The 200 acres adjacent are currently being developed for approximately 800 single family houses. The Thread which is the LaGrange pedestrian and bike path is designed to be installed passing this site and connecting downtown to the parcel with the single-family homes. This is a mixed-use redevelopment opportunity, in a convenient downtown location and also close to I-85 and LaGrange commercial district. City planning documents already call this parcel out as key historic redevelopment opportunity for commercial and mixed use. The site is currently used as warehouse space. No lease in place, owner is tenant and will move out.
TAXES & OPERATING EXPENSES (ACTUAL - 2024) Click Here to Access |
ANNUAL | ANNUAL PER SF |
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Taxes |
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Operating Expenses |
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Total Expenses |
$99,999
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$9.99
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PROPERTY FACTS
AMENITIES
- Air Conditioning
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PROPERTY TAXES
Parcel Number | 050-1C-009-027 | Improvements Assessment | $331,888 |
Land Assessment | $342,680 | Total Assessment | $674,568 |