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Thomson Warehouse 117 First Ave 27,500 SF Vacant Industrial Building Thomson, GA 30824 $695,000 ($25.27/SF) 10.93% Cap Rate

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EXECUTIVE SUMMARY

This ±27,500 square foot warehouse is available to users needing both open warehouse and manufacturing space in Thomson GA. Space has ample office space and bathrooms. The building is fully climate controlled, supported by new HVAC units installed in 2022. A new roof was also recently added to enhance long-term durability.
Constructed in two phases, the ±12,500 SF section was built in 1970 and features 24-foot ceiling heights, open layout, ample lighting, and an upper mezzanine area. The ±15,000 SF section is older but has undergone updates and was previously utilized for manufacturing, offering 16-foot ceiling heights and concrete floors throughout. Interior improvements include multiple restrooms and dedicated office space, creating a functional setup for industrial users.
Situated on a 1.14-acre site, the property includes a paved parking lot adjacent to the City of Thomson public lot. A gravel area at the opposite end of the building is currently being cleared for potential additional use. Loading access is provided via one dock door and one drive-in door. Located in downtown Thomson, Georgia, the warehouse is approximately three miles from Interstate 20 and 1.5 miles from Highways 10 and 278. This site is part of the CSRA (Central Savannah River Area) submarket, anchored by Augusta, and is positioned within a high-demand growth corridor experiencing strong interest in industrial and flex space along the I-20 and city bypass corridors.

PROPERTY FACTS

Price $695,000
Price Per SF $25.27
Sale Type Investment
Cap Rate 10.93%
Property Type Industrial
Property Subtype
Manufacturing
  • Industrial Distribution
  • Industrial Warehouse
  • Industrial Service
Building Class B
Lot Size 1.16 AC
Rentable Building Area 27,500 SF
No. Stories 1
Year Built/Renovated 1970/2024
Parking Ratio 0.36/1,000 SF
Clear Ceiling Height 16’
No. Dock-High Doors/Loading 1
No. Drive In / Grade-Level Doors 1
Zoning Commercial - Commercial

AMENITIES

  • Front Loading
  • Mezzanine
  • Signage
  • Reception
  • Storage Space
  • Air Conditioning

UTILITIES

  • Gas - Natural
  • Water - City
  • Sewer - City

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • CONDITION
  • AVAILABLE
  • 1st Fl - 1
  • 12,500 SF
  • Industrial
  • Full Build-Out
  • Now

Space has 24’ ceiling heights, is primarily open with good lighting. Space also has an upstairs mezzanine area and is fully climate controlled with new HVAC units.

  • 1st Fl - 2
  • 15,000 SF
  • Industrial
  • Full Build-Out
  • Now
Space Size Space Use Condition Available
1st Fl - 1 12,500 SF Industrial Full Build-Out Now
1st Fl - 2 15,000 SF Industrial Full Build-Out Now

1st Fl - 1

Size
12,500 SF
Space Use
Industrial
Condition
Full Build-Out
Available
Now

1st Fl - 2

Size
15,000 SF
Space Use
Industrial
Condition
Full Build-Out
Available
Now

1st Fl - 1

Size 12,500 SF
Space Use Industrial
Condition Full Build-Out
Available Now

Space has 24’ ceiling heights, is primarily open with good lighting. Space also has an upstairs mezzanine area and is fully climate controlled with new HVAC units.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
0T150 00000 012 000
Land Assessment
$10,217
Improvements Assessment
$68,852
Total Assessment
$79,069
  • Listing ID: 32010731

  • Date on Market: 6/4/2024

  • Last Updated:

  • Address: 117 First Ave, Thomson, GA 30824

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