Brick Flex Warehouse with
For Sale
$3,300,000
853 S Peachtree Street #107, Norcross, GA 30071
COMMERCIAL - Norcross, GA
Property Size15,500 SF
Lot Size2.37 Acres
Price / SF$212.90
Days on Market45
Property Features for 853 S Peachtree Street #107
General Information
Property type
Commercial Sale
Property subtype
Office
Standard status
Active
Size
15,500 SF
Lot size
2.37 Acres
Building Details
Year built
2004
Listing Agency:
575 North Office · Berkshire Hathaway HomeServices
(770) 720-1400
Listed By:
Sandra Lee
(678) 815-6698
Added: Jun 16
Changed: Jul 23
Last Checked: Jul 30 at 5:06PM
MLS# 7654954
Copyright © 2026 Berkshire Hathaway HomeServices Georgia Properties. 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 flex warehouse property is built with durable four-sided brick construction and includes seven individual units. Loading and operations are supported by rear roll-up doors, and the space offers 20-foot clear ceiling heights for adaptable commercial and industrial use.
The property sits on 2.37 acres and provides convenient access to major interstates.
Offered for sale as a multi-unit flex warehouse, the building’s configuration and loading features support a variety of operational layouts within the seven-unit structure.
The property sits on 2.37 acres and provides convenient access to major interstates.
Offered for sale as a multi-unit flex warehouse, the building’s configuration and loading features support a variety of operational layouts within the seven-unit structure.
Key Highlights
- 15,500 SF flex warehouse on 2.37 acres, built in 2004
- Seven individual units within the warehouse building
- Four‑sided brick construction
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 | $146.9k | $9.48 |
| − Vacancy | −$13.1k | −$0.84 |
| EGI | $133.9k | $8.64 |
| − OpEx | −$20.1k | −$1.30 |
| NOI | $113.8k | $7.34 |
15,500 SF · lease $9.48/SF/yr · vacancy 8.90% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$1.63M
$1.42M – $1.90M
NOI $113,783 @ 7.0% cap · market cap 3.45%
Second Best
Industrial
$1.35M
$1.18M – $1.57M
NOI $94,424 @ 7.0% cap · market cap 2.86%
Theoretical Best
Office A
$4.33M
$3.79M – $5.05M
NOI $303,299 @ 7.0% cap · market cap 9.19%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
20 ft
Clear height
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,169
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 30071, GA
25,629
Population
9,644
Households
2.7
Avg Household Size
33
Median Age
34%
College-Educated
78%
High-School Grad
12.1 sq mi
ZIP Area
2,118
Density / Sq Mi
$61,351
Median Household Income
$38,129
Median Earnings
$1,588
Median Rent
$333,700
Median Home Value
Market
Properties on Market for Flex space in Gwinnett County
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
- Parties Galore Inc — Norcross, GA 30003
- Tucker's Catering — 350 W Peachtree St #106, Norcross, GA 30071
- The Atrium — 139 N Norcross Tucker Rd, Norcross, GA 30071
- A Divine Event — 539 S Peachtree St, Norcross, GA 30071
Frequently Asked Questions
What type of property is this?
Flex space - Flex warehouse property with seven individual units, rear roll-up doors, and 20-foot clear ceiling heights on 2.37 acres.
Where is this flex space located?
The property is located at 853 S Peachtree Street #107 Norcross, GA.
What is the asking price?
The asking price for this property is $3,300,000.
What are key features of this property?
This property features: 15,500 SF flex warehouse on 2.37 acres, built in 2004; Seven individual units within the warehouse building; Four‑sided brick construction
