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    1466 Central Avenue East Point, GA 30344

    View on Map
    For Lease
    $2,500 /Mo

    COMMERCIAL - East Point, GA

    Type:Office
    Property size:
    8,050 SF
    Lot size:
    0.43 Acres
    Added:
    Sep 16, 2025
    Days on Market:
    198
    Last Refresh:
    Apr 1 at 4:06 pm

    Property Features for 1466 Central Avenue

    General Information

    Property type
    Commercial Lease
    Property subtype
    Office
    Parking
    2
    Parking features
    Parking Lot
    Security features
    Security
    Standard status
    Active
    APN
    14 013100090012
    Size
    8,050 SF
    Lot size
    0.43 Acres

    Utilities

    Utilities
    Electricity Available
    Sewer type
    Public Sewer
    Water source
    Public

    Building Details

    Year built
    1972
    Flooring type
    Concrete
    Building materials
    Steel Siding
    Roof type
    Composition
    Additional Structures
    Storage

    We can help!

    Listing Contact
    Shelley R Webster

    Listing agent Shelley R Webster

    Listing office Keller Williams Atlanta Classic 3800 Camp Creek Parkway, Bldg. 1800, Suite 100, Atlanta, GA

    Listing date Sep 16, 2025

    MLS# 10647621

    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

    East Point Commercial Lease Opportunity

    Located in East Point, this property at 1466 Central Avenue offers an excellent lease opportunity. Two options are available for $2,500 per month: a warehouse bin suitable for storage, operations, or light industrial use, and carpeted office space with new finishes, ideal for professional or administrative needs. The property is well-maintained and provides immediate access to I-85/75, and is less than 5 miles from Hartsfield-Jackson Atlanta International Airport. Recent upgrades include LED lighting, fresh paint, and enhanced security features. On-site parking is available. The lot size is 0.43 acres and the property size is 8050 square feet. This property is located in Fulton County.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Isalis (Bike/Boat/Book/etc) Store Party City Party Supply Store Skunk Funk Big Box & Wholesale Store Carl's Trading Co Hat Shop Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store

    Suggested Use

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

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

    Similar Places Nearby

    • Record Nations — 2995 E Point St, East Point, GA 30344
    • Baobab Logistics — 1165 Willingham Dr, East Point, GA 30334
    • HARMONY — 2911 blount st, east point, ga 30344
    • Otter Self Storage — 1495 Willingham Dr, Atlanta, GA 30344
    • Near Perfect Self Storage Units - Hapeville GA — 1155 Virginia Ave suite h, Hapeville, GA 30354

    Location Insight

    • Map
    • Local Demand
    City
    East Point
    County
    Fulton
    State
    Georgia
    Longitude
    -84.4633
    Latitude
    33.6734

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    FAQs

    What type of property is this?
    Warehouse - Versatile spaces available for lease in East Point, GA.
    Where is this warehouse located?
    The property is located at 1466 Central Avenue East Point, GA.
    What is the lease rate?
    The lease rate is $2,500 /Mo.
    What are key features of this property?
    This property features: Prime location in the heart of East Point with immediate access to I‑85/75.; Less than 5 miles from Hartsfield‑Jackson Atlanta International Airport.; Two versatile options available: **warehouse bin for storage/industrial use and carpeted offices for professional/administrative needs.**
    (404) 441-1646
    We can help!
    Listing Contact
    Shelley R Webster
    Learn More
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    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
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