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Warehouse

Folkston GA Industrial Warehouse

56 Mays Blvd, Folkston, GA 31537

Listing Price: $985,000

Gross SF
46,381
Price/Gross SF
$21.24
Lot Size
9.21 acres
Year Built
1970
Rentable SF
46,381

Investment Overview

Marcus and Millichap is pleased to present the property comprised of a 46,381 square foot building situated on 9.21 acres centrally located in the heart of Folkston, GA, which is approximately 30 miles north of Jacksonville, Florida. The Jacksonville MSA, and particularly its north end, is experiencing tremendous industrial rent growth and demand due to the recent port expansion.

The property is an excellent opportunity for an investor or owner/user seeking flex space within proximity of the Jacksonville MSA. Opportunity exists through subdividing the building into two separate units, negotiating a short term sale-leaseback with the current tenant, and/or capitalizing on the outdoor storage potential.

Recent improvements include 1,300 square foot office space remodeling with interior flooring and paint and warehouse renovations including but not limited to new conduit, lighting, doors, and internal/external paint. Additionally, the owner is actively clearing the surrounding wooded area for outdoor storage use.

Investment Highlights

  • 46,321 square foot industrial warehouse opportunity situated on 9.21 acres, currently being cleared out for further development or outdoor storage use.
  • 2023 Renovations including new conduit, lighting, doors, internal/external paint, and 1300 square foot office.
  • Property has direct access to rail and is located just 30 miles north of the Jacksonville MSA.

Exclusively Listed By

Broker of Record

  • John M. Leonard

    First Vice President/Regional Manager

    (678) 808-2700

    License(s) GA: 252904

    Georgia

Financing By

Warehouse

Folkston GA Industrial Warehouse

Listing Price: $985,000

Gross SF
46,381
Price/Gross SF
$21.24
Lot Size
9.21 acres
Year Built
1970
Rentable SF
46,381

Investment Highlights

  • 46,321 square foot industrial warehouse opportunity situated on 9.21 acres, currently being cleared out for further development or outdoor storage use.
  • 2023 Renovations including new conduit, lighting, doors, internal/external paint, and 1300 square foot office.
  • Property has direct access to rail and is located just 30 miles north of the Jacksonville MSA.

Investment Overview

Marcus and Millichap is pleased to present the property comprised of a 46,381 square foot building situated on 9.21 acres centrally located in the heart of Folkston, GA, which is approximately 30 miles north of Jacksonville, Florida. The Jacksonville MSA, and particularly its north end, is experiencing tremendous industrial rent growth and demand due to the recent port expansion. The property is an excellent opportunity for an investor or owner/user seeking flex space within proximity of the Jacksonville MSA. Opportunity exists through subdividing the building into two separate units, negotiating a short term sale-leaseback with the current tenant, and/or capitalizing on the outdoor storage potential. Recent improvements include 1,300 square foot office space remodeling with interior flooring and paint and warehouse renovations including but not limited to new conduit, lighting, doors, and internal/external paint. Additionally, the owner is actively clearing the surrounding wooded area for outdoor storage use.

Exclusively Listed By

Broker of Record

  • John M. Leonard

    First Vice President/Regional Manager

    (678) 808-2700

    License(s): GA: 252904

    Georgia

Financing By

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