Warehouse with Drive-Through Roll-Up
For Sale
$499,900
1679 Atlanta Highway, Statham, GA 30666
Land, Statham, GA
Property Size2,400 SF
Lot Size8.76 Acres
Price / SF$208.29
Days on Market262
Property Features for 1679 Atlanta Highway
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
ag
Zoning description
Undeveloped/Zoned Agriculture
Vegetation
Brush
Lot features
Cleared, Corner Lot, Irregular Lot, Open Lot, Rectangular Lot
Elementary school
Winder
Middle school
Russell
High school
Winder-Barrow
Directions
Use gps
Standard status
Active
APN
XX116 021
Lot size
8.76 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
1575
Utilities
Utilities
Electricity Available
Amenities
3-phase electricity
14 ft x 14 ft drive-through roll-up doors
Building Details
Additional Structures
Storage
Listing Agency:
Assist 2 Sell · Assist-2-Sell
(770) 605-9444
Listed By:
VICKI L HYATT · License #175341
(770) 605-9444
Added: Dec 5, 2025
Changed: Aug 19
Last Checked: Aug 24 at 9:06PM
MLS# 7689439
Copyright © 2026 First Multiple Listing Service, Inc. 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.
Warehouse property on an 8.76-acre lot in Statham, GA, currently used for a commercial enterprise within a 60 x 40 industrial building totaling 2,400 SF. The building includes drive-through capability with 14 x 14 roll-up doors and is set up with 3-phase electricity. Electricity is available, and water and sewer are within close proximity.
The lot has 167 feet of road frontage on Atlanta Hwy. Zoning is listed as ag, and an application for possible commercial zoning is underway, anticipated to be completed in February 2026.
This site is suited for an operation that benefits from drive-through access and utility-ready infrastructure while awaiting the anticipated zoning completion.
The lot has 167 feet of road frontage on Atlanta Hwy. Zoning is listed as ag, and an application for possible commercial zoning is underway, anticipated to be completed in February 2026.
This site is suited for an operation that benefits from drive-through access and utility-ready infrastructure while awaiting the anticipated zoning completion.
Key Highlights
- 8.76‑acre warehouse lot
- 167' road frontage on Atlanta Hwy
- 60 x 40 industrial building totaling 2,400 SF
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$17,618
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.52%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$352,360
$352.4K
Cap Rate 7%
$251,686
$251.7K
Cap Rate 9%
$195,756
$195.8K
Market Conditions
NOI Build-Up for 2,400 SF
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.
Gross rent
$22.8K $9.48/SF
− Vacancy
−$2.0K −$0.84/SF
EGI
$20.7K $8.64/SF
− OpEx
−$3.1K −$1.30/SF
NOI
$17.6K $7.34/SF
Area
Barrow County, GA
Vacancy
8.90%
Lease Rate
$9.48 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$352,360
Cap Rate 7%
$251,686
Cap Rate 9%
$195,756
Alternative Uses
Best Use
Warehouse
$251.7K
$220.2K – $293.6K
NOI $17,618 @ 7.0% cap · market cap 3.52%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$670.9K
$587.0K – $782.7K
NOI $46,962 @ 7.0% cap · market cap 9.39%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
36
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 30666, GA
10,726
Population
3,606
Households
3
Avg Household Size
39
Median Age
32%
College-Educated
90%
High-School Grad
35.6 sq mi
ZIP Area
301
Density / Sq Mi
$84,044
Median Household Income
$40,324
Median Earnings
$1,138
Median Rent
$285,300
Median Home Value
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- USA Storage Centers - Sunset Drive — 370 Sunset Dr, Statham, GA 30666
Frequently Asked Questions
What type of property is this?
Warehouse - 8.76-acre warehouse property with 167 feet of frontage on Atlanta Hwy and 14 x 14 drive-through roll-up doors.
Where is this warehouse located?
The property is located at 1679 Atlanta Highway Statham, GA.
What is the asking price?
The asking price for this property is $499,900.
What are key features of this property?
This property features: 8.76‑acre warehouse lot; 167' road frontage on Atlanta Hwy; 60 x 40 industrial building totaling 2,400 SF
