Add Listing
    For Sale
    • For Sale
    • For Lease
    • Sold
    • Property Lookup
    • Brokers
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    1253 Southlake Mall Morrow, GA 30260

    View on Map
    Claim this Listing
    For Sale
    $3,777,000

    COMMERCIAL - Morrow, GA

    Type:Office
    Property size:
    10,000 SF
    Lot size:
    1.48 Acres
    Price / SF:
    $377/SF
    Added:
    Feb 17, 2025
    Days on Market:
    438
    Last Refresh:
    May 1 at 9:06 am

    Property Features for 1253 Southlake Mall

    General Information

    Property type
    Commercial Sale
    Property subtype
    Office
    Parking
    15
    Parking features
    Parking Lot
    Standard status
    Active
    APN
    12112A A009
    Size
    10,000 SF
    Lot size
    1.48 Acres

    Taxes and HOA fees

    Tax Year
    2024
    Tax Annual Amount
    15131

    Utilities

    Utilities
    Water Available
    Sewer type
    Public Sewer
    Heating system
    Central, Forced Air
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Year built
    1976
    Flooring type
    Concrete
    Building materials
    Concrete

    We can help!

    Listing Contact
    Debbie Forrester

    Listing agent Debbie Forrester License #168939

    Listing office REMAX Around Atlanta 5205 Stilesboro Rd NW B100#100, Atlanta, GA

    Listing date Feb 17, 2025

    MLS# 10461063

    Copyright © 2026 Georgia Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Morrow Warehouse on 1.4 Acres

    Located in Morrow, Clayton County, this commercial property features a 10,000 sq ft warehouse situated on a 1.475-acre lot. The property is positioned across from the new Clayton County Convention Center. The property is for sale due to owner relocation.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Warehouses

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Dental Office Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Extra Space Storage — 1375 Commerce Rd, Morrow, GA 30260
    • Kelly Storage Facility — 6838 Kelly Ave, Morrow, GA 30260
    • Self-Storage at U-Haul — 1549 Mt Zion Rd, Morrow, GA 30260
    • SecurCare Self Storage — 1515 Mt Zion Rd, Morrow, GA 30260
    • Katich Self Storage Unit — 985 Mt Zion Rd, Morrow, GA 30260

    Location Insight

    • Map
    • Local Demand
    City
    Morrow
    County
    Clayton
    State
    Georgia
    Longitude
    -84.347812
    Latitude
    33.575208

    Nearby Similar for Sale

    • $650,000
      4,008 SF

      Restaurant/Bar in Customer Dense Area

      Restaurant/Bar in excellent condition with ample parking.
      2260 Lake Harbin Road, Morrow, GA 30260
      View Details
    • $650,000
      4,008 SF

      Morrow Restaurant/Bar For Sale

      Restaurant/bar in excellent condition with ample parking.
      2260 Lake Harbin Road, Morrow, GA 30260
      View Details
    • $250,000
      1,400 SF

      Morrow Mixed-Use Commercial Property

      Versatile commercial property suitable for various businesses in Morrow, GA.
      5372 Bryant Boulevard, Morrow, GA 30260
      View Details
    • $2,000,000
      15,796 SF

      Morrow Church with Academy

      15,796 SF church with academy in Morrow, Georgia.
      2230 Rex Road, Morrow, GA 30260
      View Details
    • $419,900
      959 SF

      Morrow Car Lot For Sale

      High-traffic commercial car lot suitable for automotive or restaurant ventures.
      5440 Jonesboro Road, Morrow, GA 30260
      View Details
    • $419,900
      959 SF

      Morrow Commercial Car Lot For Sale

      High-traffic commercial car lot suitable for automotive or restaurant ventures.
      5440 Jonesboro Road, Morrow, GA 30260
      View Details
    • $3,777,000

      Morrow Warehouse Near Convention Center

      10,000 sq ft warehouse on 1.4 acres in Morrow, GA.
      1253 Southlake Mall, Morrow, GA 30260
      View Details
    • $3,975,000
      10,000 SF

      Clayton County Warehouse Opportunity

      10,000 sq ft warehouse on 1.4 acres for sale.
      1253 Southlake Mall, Morrow, GA 30260
      View Details
    • $1,585,000
      5,775 SF

      Morrow Retail Investment Opportunity

      Retail property with long-term lease in high-traffic location.
      1891 Mt Zion Rd, Morrow, GA 30260
      View Details
    • $1,677,846
      10,906 SF

      Retail Space For Sale

      Retail space available with a 6.50% CAP rate.
      2383 Lake Harbin Rd, Morrow, GA 30260
      View Details
    • Contact for pricing

      Office Space Available in Morrow

      Office property for sale in Morrow, Georgia.
      1590 Adamson Pkwy, Morrow, GA 30260
      View Details
    • $1,550,000
      22,000 SF

      Morrow Neighborhood Strip Center

      22,000 SF retail property with value-add opportunity.
      1115 Morrow Rd, Morrow, GA
      View Details

    FAQs

    What type of property is this?
    Warehouse - 10,000 sq ft warehouse in Clayton County for sale.
    Where is this warehouse located?
    The property is located at 1253 Southlake Mall Morrow, GA.
    What is the asking price?
    The asking price for this property is $3,777,000.
    What are key features of this property?
    This property features: 10,000 sq ft warehouse on 1.4 acres; Sought after location in Clayton County; Across from the new Clayton County Convention Center
    (404) 409-0377
    We can help!
    Listing Contact
    Debbie Forrester
    Real Estate License ID: 168939
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry

    1253 Southlake Mall, Morrow, GA 30260

    letter with green check mark
    Check your email

    We sent you the

    agent's contact details. yellow underline

    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!