102 N Midway Rd - Refrigeration Cold Storage FOR SALE


Cordele, GA 31015
$4,950,000 USD
904-664-5968
102 N Midway Rd, Cordele, GA for Sale
$4,950,000 USD
Refrigeration Cold Storage - FOR SALE
1/20
null | Request Cap Rate

102 N Midway Rd
Cordele, GA 31015


HIGHLIGHTS

  • 102 N Midway Road presents the Class A, 109,739-square-foot refrigeration/ cold storage facility on a 49.27-acre parcel.
  • Ideal location immediately off Interstate 75 and Highways 280 and 300 with access to further surrounding Interstates 16, 185, 675, and 475.
  • Occupied long-term by Southeast Frozen Foods, a leading distributor of frozen food products across the southeastern United States.
  • Industrial synergy in the immediate area via EBAA Iron Inc., ADM Animal Nutrition, Big Tex Trailers, UFP Distribution, and Furst-McNess Co.
  • Owner/user opportunity for a food processing/ food distributor in an Industrial II zoned, well-maintained cold storage facility.
  • Nearest freight port, the Port of Savannah, is reachable within a day’s drive (185 miles), enabling full cargo transit opportunities.

OVERVIEW

Foresight Commercial Real Estate has been retained on an exclusive basis to arrange the owner/user sale of the Class A industrial cold storage facility at 102 N Midway Road in Cordele, Georgia. The 109,739-square-foot cold storage facility features a main freezer that is approximately 58,000 square feet, with a 42-foot clear height, and a bulk freezer of approximately 12,000 square feet, with a 26-foot clear height. This facility has most recently been occupied by Southeast Frozen Foods, a leading distributor of frozen food products across the southeastern United States, serving independent and regional supermarket chains in over 15 states, with export operations extending to the Caribbean and Central America. These features underscore the property's significance as a critical hub in the region's industrial and cold storage landscape. The facility is well-equipped for distribution, featuring one drive-in and 19 dock-high loading doors. Immediate access to Interstate 75, Highway 280, and Highway 300 (primary east-west roadways that extend well into Alabama), as well as a Love’s RV and Travel Stop, supports long-distance cargo carriers. The nearest international airport, the Hartsfield-Jackson Atlanta International Airport (ATL), is about 130 miles north. 102 N Midway Road also has on-site rail access and is less than 5 miles from the nearest CSX Station. The area is predominantly rural and is recognized for its thriving agricultural industry, which consistently achieves an annual Farm Gate value of nearly $100 million. Crisp County is known as the Watermelon Capital of the World, and given its proximity to major interstate highways and the Port of Savannah, it has developed its industrial base. The community has a diverse economic base with higher education, healthcare, manufacturing, and tourism as primary industries. The labor force and regional employment have remained stable due to the agricultural sector. There are approximately 11,384 daytime employees in the 10-mile radius. 84% of the 10-mile residents have a high school education or higher, showcasing the highly skilled workforce in the area.

FOR SALE DETAILS

PRICE

$4,950,000 USD

PRICE/SF

$45 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Refrigeration Cold Storage

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1978

UTILITIES

Lighting, Water, Sewer

CLEAR CEILING HT

42 Ft

DOCKS

19

DRIVE INS

1

PARKING SPACES

-

LAND DETAILS

LAND ACRES

49.27

LAND SF

2,146,201

ZONING

LI

APN/PARCEL ID

C36-001

ASK ABOUT THIS PROPERTY

Karen Hong, CCIM, CRRPForesight Commercial Real Estate LLCMore Info
904-664-5968

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Karen Hong, CCIM, CRRPForesight Commercial Real Estate LLCMore Info
904-664-5968

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.