Freestanding Light Industrial
1200 Central Avenue Atlanta, GA 30344
For Sale
$500,000
COMMERCIAL - Atlanta, GA
Property Size5,332 SF
Lot Size0.23 Acres
Price / SF$93.77
Days on Market49
Property Features for 1200 Central Avenue
General Information
Property type
Commercial Sale
Property subtype
Other
Parking
25
Parking features
Parking Lot
Standard status
Active
APN
14 013100160377
Lot size
0.23 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
1121
Utilities
Sewer type
Public Sewer
Water source
Public
Building Details
Year built
1954
Flooring type
Concrete
Building materials
Stucco
Listing Agency:
Engel & V?lkers Atlanta
(404) 845-7724
Listed By:
Tamie Pettaway · License #252740
(678) 873-4030
Added: Jun 10
Changed: Jun 18
Last Checked: Jul 28 at 9:06AM
MLS# 10782621
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.
Investment Insights
Based on property information with market context.
This freestanding industrial/commercial building, built in 1954, offers approximately 5,332 square feet of space on an approximately 0.23-acre lot. The property was previously utilized as an audio and auto repair facility, and it’s being marketed as a value-add opportunity suited for an owner-user, investor, or adaptive redevelopment concept. The offering is sold as-is, with the buyer asked to independently verify zoning, permitted uses, square footage, and development opportunities.
Located at 1200 Central Avenue in Atlanta (30344) within Fulton County, the site is described as highly visible and minutes from Hartsfield-Jackson Atlanta International Airport, Downtown Atlanta, major interstates, and MARTA access. It is also presented as part of the East Point business corridor.
The property is noted as zoned I-1 Light Industrial, supporting flexibility for warehouse, distribution, and light industrial or light manufacturing operations, subject to buyer verification.
Located at 1200 Central Avenue in Atlanta (30344) within Fulton County, the site is described as highly visible and minutes from Hartsfield-Jackson Atlanta International Airport, Downtown Atlanta, major interstates, and MARTA access. It is also presented as part of the East Point business corridor.
The property is noted as zoned I-1 Light Industrial, supporting flexibility for warehouse, distribution, and light industrial or light manufacturing operations, subject to buyer verification.
Key Highlights
- Approximately 5,332 SF freestanding industrial/commercial building in East Point on about 0.23 acres
- Zoned I‑1 Light Industrial, suitable for a range of light industrial, warehouse, and logistics uses (buyer to verify permitted uses)
- Built in 1954 with stucco construction and concrete flooring
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 | $48.2k | $9.04 |
| − Vacancy | −$4.2k | −$0.79 |
| EGI | $44.0k | $8.25 |
| − OpEx | −$6.6k | −$1.24 |
| NOI | $37.4k | $7.01 |
5,332 SF · lease $9.04/SF/yr · vacancy 8.75% · expense 15.00%
Alternative Uses
Best Use
Retail
$887.8K
$776.8K – $1.04M
NOI $62,144 @ 7.0% cap · market cap 12.43%
Second Best
Warehouse
$534.1K
$467.3K – $623.1K
NOI $37,386 @ 7.0% cap · market cap 7.48%
Theoretical Best
Office A
$1.49M
$1.30M – $1.74M
NOI $104,335 @ 7.0% cap · market cap 20.87%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Similar Off Market Nearby
- Benefield Automotive — 3460 Lang Ave, Hapeville, GA 30354
- Boyd Tire Pros — 3495 Norman Berry Dr, East Point, GA 30344
- WILLIAM CRAAIG Beauty Supplies — 751 Virginia Ave, Hapeville, GA 30354, United States
- Z & Z towing — 1005 Virginia Ave Ste 300, Hapeville, GA 30354
- Atlanta Tint Boys — 1459 mercer ave #2, college park, ga 30337
Frequently Asked Questions
What type of property is this?
Auto shop - Built in 1954, this freestanding I-1 light industrial property is offered as-is for renovation, repositioning, or redevelopment.
Where is this auto shop located?
The property is located at 1200 Central Avenue Atlanta, GA.
What is the asking price?
The asking price for this property is $500,000.
What are key features of this property?
This property features: Approximately 5,332 SF freestanding industrial/commercial building in East Point on about 0.23 acres; Zoned I‑1 Light Industrial, suitable for a range of light industrial, warehouse, and logistics uses (buyer to verify permitted uses); Built in 1954 with stucco construction and concrete flooring
