Warehouse and Office
For Sale
$2,200,000
85 Johnston Circle, Palmetto, GA 30268
COMMERCIAL - Palmetto, GA
Property Size12,500 SF
Lot Size0.90 Acres
Price / SF$176
Days on Market24
Property Features for 85 Johnston Circle
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
Indus
Parking
20
Security features
Security Lighting
Window features
Skylight(s)
Interior features
High Ceilings 10 or Greater, Restrooms
Lot features
Private
View
City
Directions
Please use GPS. 25 minutes South of Atlanta Airport.
Standard status
Active
APN
117 7064 012
Size
12,500 SF
Lot size
0.90 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
2900
Utilities
Utilities
Cable Available
Heating system
Forced Air
Cooling system
Central Air
Building Details
Year built
1987
Floors in Building
2
Flooring type
Concrete
Building materials
Aluminum Siding
Roof type
Metal
Listing Agency:
Chapman Hall Realtors
(404) 252-9500
Listed By:
Paul Amina · License #123097
(404) 236-0043
Added: Jul 7
Changed: Jul 20
Last Checked: Jul 30 at 11:06PM
MLS# 7762790
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.
This industrial property offers 10,000 SF of warehouse space built on an 8" metal slab, along with 2,500 SF of office space and an additional 2,500 SF of attic storage. The warehouse includes skylights and is served by four 14' roll-up doors. Electrical service is listed at 480 volts, and the building includes 33 kW solar panels. Interior improvements include newly painted interiors and newly installed LED lighting.
The property is zoned Indus. It is located at 85 Johnston Circle in Palmetto, Georgia (Coweta County). The listing also notes the possibility of a $12.00/SF/year flexible lease if a lease is desired.
The property is zoned Indus. It is located at 85 Johnston Circle in Palmetto, Georgia (Coweta County). The listing also notes the possibility of a $12.00/SF/year flexible lease if a lease is desired.
Key Highlights
- 10,000 SF warehouse on 8" metal slab, plus 2,500 SF office and 2,500 SF attic storage
- 4x 14' roll‑up doors and 480V power
- Central air and forced‑air heating; high ceilings (10 or greater)
Financial Insights For Office B
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 | $298.4k | $23.87 |
| − Vacancy | −$75.2k | −$6.02 |
| EGI | $223.2k | $17.85 |
| − OpEx | −$55.8k | −$4.46 |
| NOI | $167.4k | $13.39 |
12,500 SF · lease $23.87/SF/yr · vacancy 25.20% · expense 25.00%
Alternative Uses
Best Use
Office B
$2.39M
$2.09M – $2.79M
NOI $167,388 @ 7.0% cap · market cap 7.61%
Second Best
Warehouse
$1.31M
$1.15M – $1.53M
NOI $91,760 @ 7.0% cap · market cap 4.17%
Theoretical Best
Office A
$3.49M
$3.06M – $4.08M
NOI $244,596 @ 7.0% cap · market cap 11.12%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
4
Drive-in doors
Yes
Heavy power
Location Intelligence
Trade Area within ½ mile
69
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 30268, GA
10,560
Population
4,641
Households
2.3
Avg Household Size
40
Median Age
29%
College-Educated
87%
High-School Grad
69.2 sq mi
ZIP Area
153
Density / Sq Mi
$71,792
Median Household Income
$39,430
Median Earnings
$1,224
Median Rent
$252,300
Median Home Value
Market
Properties on Market for Warehouses in Fulton County
Vacancy Rate% for Office in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Warehouse - Industrial building includes 10,000 SF warehouse space, 2,500 SF office, and 2,500 SF attic storage.
Where is this warehouse located?
The property is located at 85 Johnston Circle Palmetto, GA.
What is the asking price?
The asking price for this property is $2,200,000.
What are key features of this property?
This property features: 10,000 SF warehouse on 8" metal slab, plus 2,500 SF office and 2,500 SF attic storage; 4x 14' roll‑up doors and 480V power; Central air and forced‑air heating; high ceilings (10 or greater)
