Freestanding Light Industrial
1200 Central AVE Atlanta, GA 30344
For Sale
$500,000
Commercial Sale, Other - Atlanta, GA
Property Size5,332 SF
Lot Size0.23 Acres
Price / SF$93.77
Days on Market32
Property Features for 1200 Central AVE
General Information
Property type
Commercial Sale
Property subtype
Industrial
Zoning
I1
Parking
25
Parking features
Parking Lot
Standard status
Active
APN
14 013100160377
Lot size
0.23 Acres
Utilities
Heating system
None (Heating)
Cooling system
None (Cooling)
Building Details
Year built
1954
Flooring type
Concrete
Roof type
Other
Architectural style
Other
Listing Agency:
Engel & Völkers Atlanta
(404) 845-7724
Listed By:
Tamie Pettaway
Added: Jun 27
Changed: Jul 15
Last Checked: Jul 28 at 4:06AM
MLS# 10782621
Copyright © 2026 Engel & Völkers. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Located at 1200 Central AVE in Atlanta (30344), this freestanding industrial/commercial building totals approximately 5,332 square feet on about 0.23 acres. Built in 1954, the property was previously utilized as an audio and auto repair facility and is being offered as a value-add redevelopment opportunity. The sale is “as-is,” and the buyer is responsible for independently verifying zoning, permitted uses, square footage, and development opportunities.
The property sits on a highly visible lot with access to major routes, positioned minutes from Hartsfield-Jackson Atlanta International Airport, Downtown Atlanta, major interstates, and MARTA access. Zoning is I1 (Light Industrial), supporting a range of industrial and redevelopment possibilities depending on permitted uses.
For buyers seeking an owner-user, investor, or creative/automotive-oriented workspace, the existing freestanding configuration and light industrial zoning provide a straightforward platform for renovation, repositioning, or adaptive reuse, subject to verification of permitted uses.
The property sits on a highly visible lot with access to major routes, positioned minutes from Hartsfield-Jackson Atlanta International Airport, Downtown Atlanta, major interstates, and MARTA access. Zoning is I1 (Light Industrial), supporting a range of industrial and redevelopment possibilities depending on permitted uses.
For buyers seeking an owner-user, investor, or creative/automotive-oriented workspace, the existing freestanding configuration and light industrial zoning provide a straightforward platform for renovation, repositioning, or adaptive reuse, subject to verification of permitted uses.
Key Highlights
- Approximately 5,332 SF freestanding industrial/commercial building built in 1954
- Zoned I‑1 Light Industrial with prior audio and auto repair use
- Sits on approximately 0.23 acres with parking lot onsite
Financial Insights For Warehouse
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $48.2k | $9.04 |
| − Vacancy | −$4.2k | −$0.79 |
| EGI | $44.0k | $8.25 |
| − OpEx | −$6.6k | −$1.24 |
| NOI | $37.4k | $7.01 |
5,332 SF · lease $9.04/SF/yr · vacancy 8.75% · expense 15.00%
Alternative Uses
Best Use
Retail
$887.8K
$776.8K – $1.04M
NOI $62,144 @ 7.0% cap · market cap 12.43%
Second Best
Flex RnD
$756.9K
$662.3K – $883.1K
NOI $52,985 @ 7.0% cap · market cap 10.60%
Theoretical Best
Office A
$1.49M
$1.30M – $1.74M
NOI $104,335 @ 7.0% cap · market cap 20.87%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Similar Off Market Nearby
- Moe's Southwest Grill — 925 Virginia Ave STE. B, Hapeville, GA 30354
- Laurent’s Catering — 1239 Willingham Dr, East Point, GA 30344
- LSG Sky Chefs Inc — 1102 Central Ave, East Point, GA 30344
- C2E Innovative Cuisine Takeout/Catering — 1005 Virginia Ave Suite 200, Atlanta, GA 30354
- Blame chef — 1239 Willingham Dr, Atlanta, GA 30344
Frequently Asked Questions
What type of property is this?
Flex space - Freestanding I-1 light industrial building previously used for auto and audio repair, sold as-is for redevelopment.
Where is this flex space located?
The property is located at 1200 Central AVE Atlanta, GA.
What is the asking price?
The asking price for this property is $500,000.
What are key features of this property?
This property features: Approximately 5,332 SF freestanding industrial/commercial building built in 1954; Zoned I‑1 Light Industrial with prior audio and auto repair use; Sits on approximately 0.23 acres with parking lot onsite
