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Rail-Served Facility on 324+ Acres 3300 Sylvester Rd 650,000 SF Vacant Industrial Building Online Auction Sale Albany, GA 31705
Investment Highlights
- 3300 Sylvester Road is an approximately 650,000-square-foot warehouse facility situated on approximately 324.66 acres, zoned M-2 (Heavy Industrial).
- Offers Class A specs, including a TPO roof installed in 2017, 60’ x 40’ typical bay sizes, a 22’9” clear height, and 33 docks with full packages.
- Benefit from premier incentives like the Albany Job Investment Fund, Freeport Exemption, Tier One Job Tax Credits, and Georgia Port Tax Credit Bonus.
- Features a lead rail track with three spurs, Georgia and Florida Railway (GFRR) rail service, and heavy power via the on-site 115/13.8 kVa substation.
- Logistics by air, land, and sea with on-site rail service and ATL Airport and the Ports of Savannah, Jacksonville, and Brunswick within 2.5-4 hours.
Executive Summary
3300 Sylvester Road is comprised of a 650,000-square-foot warehouse originally built in 1969 (450,000 square feet) and expanded in 1977 (250,000 square feet). The building sits on approximately 324.66 acres and is supported by an on-site 115/13.8 kVa substation and a rail spur serviced by Georgia and Florida Railway (GFRR).
The property is a fully equipped heavy industrial warehouse zoned M-2, offering strong multimodal functionality via a lead rail track with three on-site spur lines. The building features a 22-foot 9-inch clear height and a typical column spacing of 60 feet by 40 feet, complemented by skylights throughout that enhance natural lighting across the warehouse floor.
Operational efficiency is reinforced by 33 dock-high doors, each outfitted with comprehensive dock packages including restraints, seals, automatic door openers, bumper guards, lights, and levelers, while a new TPO roof installed in 2017 supports long-term durability. The facility is further supported by a robust 1,000-gallon-per-minute water capacity and fully integrated wet sprinkler systems serving both warehouse and office areas.
Situated off Highway 82, 3300 Sylvester Road is strategically located to serve the Southeast US and beyond. Interstate 75 is about 40 minutes away, providing a direct route to Atlanta and major Florida markets like Tampa and Fort Myers. In addition to rail capabilities, 3300 Sylvester Road is well-connected to multimodal conduits for air cargo and water port transportation. Truck transporters can reach major population centers, including St. Louis, Chicago, Dallas, Houston, New York, Miami, Philadelphia, and Boston, in a one- to two-day drive.
Business and industry can reach goals faster in Albany-Dougherty, supported by strategic incentives at every level, federal, state, and local, through the custom assistance of the Albany-Dougherty Economic Development Commission (ADEDC). When it comes to incentives, job creators start at the top here, in a location offering the highest level of Georgia Job Tax Credits and Georgia Opportunity Zone credits, as well as Albany’s own robust Job Investment Fund, among other generous incentives.
The property is a fully equipped heavy industrial warehouse zoned M-2, offering strong multimodal functionality via a lead rail track with three on-site spur lines. The building features a 22-foot 9-inch clear height and a typical column spacing of 60 feet by 40 feet, complemented by skylights throughout that enhance natural lighting across the warehouse floor.
Operational efficiency is reinforced by 33 dock-high doors, each outfitted with comprehensive dock packages including restraints, seals, automatic door openers, bumper guards, lights, and levelers, while a new TPO roof installed in 2017 supports long-term durability. The facility is further supported by a robust 1,000-gallon-per-minute water capacity and fully integrated wet sprinkler systems serving both warehouse and office areas.
Situated off Highway 82, 3300 Sylvester Road is strategically located to serve the Southeast US and beyond. Interstate 75 is about 40 minutes away, providing a direct route to Atlanta and major Florida markets like Tampa and Fort Myers. In addition to rail capabilities, 3300 Sylvester Road is well-connected to multimodal conduits for air cargo and water port transportation. Truck transporters can reach major population centers, including St. Louis, Chicago, Dallas, Houston, New York, Miami, Philadelphia, and Boston, in a one- to two-day drive.
Business and industry can reach goals faster in Albany-Dougherty, supported by strategic incentives at every level, federal, state, and local, through the custom assistance of the Albany-Dougherty Economic Development Commission (ADEDC). When it comes to incentives, job creators start at the top here, in a location offering the highest level of Georgia Job Tax Credits and Georgia Opportunity Zone credits, as well as Albany’s own robust Job Investment Fund, among other generous incentives.
Data Room Click Here to Access
- Operating and Financials
- Purchase Agreement
- Third Party Reports
- Title and Insurance
- Miscellaneous
Property Facts
| Sale Type | Investment | No. Stories | 1 |
| Sale Condition | Auction Sale | Year Built/Renovated | 1969/1977 |
| Type of Ownership | Fee Simple | Tenancy | Single |
| Property Type | Industrial | Parking Ratio | 1.35/1,000 SF |
| Property Subtype | Manufacturing | Clear Ceiling Height | 22’9” |
| Building Class | C | No. Dock-High Doors/Loading | 33 |
| Lot Size | 324.66 AC | Parcel Number | 00140-00001-006 |
| Rentable Building Area | 650,000 SF | ||
| Zoning | M2 - Heavy Industrial | ||
| Sale Type | Investment |
| Sale Condition | Auction Sale |
| Type of Ownership | Fee Simple |
| Property Type | Industrial |
| Property Subtype | Manufacturing |
| Building Class | C |
| Lot Size | 324.66 AC |
| Rentable Building Area | 650,000 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1969/1977 |
| Tenancy | Single |
| Parking Ratio | 1.35/1,000 SF |
| Clear Ceiling Height | 22’9” |
| No. Dock-High Doors/Loading | 33 |
| Zoning | M2 - Heavy Industrial |
| Parcel Number | 00140-00001-006 |
Utilities
- Lighting
- Gas
- Water
- Sewer
- Heating
1 1
Somewhat walkable
20/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
About Southwest
Albany is a major hub for Southwest Georgia, serving as a center of gravity for many of the rural communities in that part of the state. The city is located near Interstate 75, which provides industrial users with access to many of the fast-growing metropolitan areas throughout the Southeast within a few hours’ drive. Atlanta is roughly three hours away, while most major cities in Florida are within a day’s drive, allowing firms to efficiently service some of the largest population centers in the region.
The Albany area is home to a number of multinational firms, many of which operate industrial facilities here. Large employers include Procter & Gamble, UPS, and MillerCoors.
Investors are often able to acquire industrial assets at a significant discount to those located in larger metros in the Southeast. Average sale pricing in Albany is well below the Atlanta average, and assets here typically trade for less than properties in nearby Macon and Warner Robins, as well.
Demographics
Regional Accessibility
City
Population
Miles
Drive Time
Atlanta
498,044
182
3 h 34 m
Jacksonville
903,889
203
3 h 59 m
Charlotte
872,498
388
7 h 48 m
Nashville
669,053
429
8 h 10 m
Memphis
650,618
465
9 h 20 m
Louisville
620,118
598
11 h 23 m
Access and Labor Force
10 Miles
Total Population
89,115
Total Labor Force
38,206
Unemployment Rate
5.35%
Median Household Income
$47,281
Warehouse Employees
5,755
High School Education Or Higher
84.50%
Sale Advisors
Sale Advisors
Greg Haynes, Senior Vice President
Greg Haynes is a Senior Vice President of CBRE's Industrial Specialty Group in Atlanta, focusing on representing industrial companies in the Southeast and other markets. Haynes offers clients his extensive experience by providing them with acquisitions and dispositions on a multi-market basis. He has conducted multiple tenant representation assignments for large corporate client clients such as APL Logistics, Shaw Industries, Westinghouse Electric, Johnson & Johnson and Robert Pattillo Properties. Some of his notable transactions include a 980,000 square foot Johnson & Johnson facility, 1,819,350-square-foot General Motors Lakewood Assembly Plant, a 1,040,000-square-foot First Industrial Realty Trust facility and a 510,810-square-foot Haverty's Furniture location. Haynes has consistently been recognized by CBRE and within the industry for his skills and service. He serves as coach to the winning University of Georgia's NAIOP College Challenge MBA Real Estate Team. Haynes is also very active in the Atlanta Commercial Board of Realtors and the Society of Industrial and Office Realtors ("SIOR") where he served as Chapter President in 2000. Haynes earned his Bachelor of Science degree in Business Administration from the University of Georgia and his Juris Doctorate degree from the Woodrow Wilson School of Law.
Stuart Pendley, Senior Vice President
A Senior Vice President with CBRE’s Industrial Services team, Stuart Pendley specializes in representing industrial space users and owners with their real estate needs. Utilizing creative strategies and comprehensive market analysis, he assists tenants with the selection of sites/properties, leasing space, subleasing surplus space and disposition of properties. His capabilities include lease negotiations, designing and implementing portfolio management strategies and leveraging market data to maximize client value.
Mr. Pendley has over 15 years of commercial real estate represented several Fortune 500 companies as well as numerous local Metro Atlanta companies. He has also represented institutional landlords in third-party leasing assignments.
From 2004 to 2006, Mr. Pendley was an Associate with Trammell Crow Company prior to that firm’s merger with CBRE. At Trammell Crow, he focused on institutional landlord representation, as well as corporate end-user representation.
Mr. Pendley has over 15 years of commercial real estate represented several Fortune 500 companies as well as numerous local Metro Atlanta companies. He has also represented institutional landlords in third-party leasing assignments.
From 2004 to 2006, Mr. Pendley was an Associate with Trammell Crow Company prior to that firm’s merger with CBRE. At Trammell Crow, he focused on institutional landlord representation, as well as corporate end-user representation.
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Molly Patten
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Ten-X Commercial, LLC Jessica Anne Figueroa RE Brkr 75044. Ten-X Commercial, LLC Arlene Richardson Auction Firm AU003185
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Based on Winning Bid Amount
Minimum Transaction Fee
$20,000
Maximum Transaction Fee
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Winning Bid Amount
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Transaction Fee
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Total Purchase Price
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Rail-Served Facility on 324+ Acres | 3300 Sylvester Rd
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