Industrial Office/Warehouse
1202 Royal Dr SW Conyers, GA 30094
1202 Royal Dr SW, Conyers, GA, 30094
$4,997,500
For Sale
$4,997,500
Industrial office/warehouse building totaling 50,907 SF available for sale in Conyers, Georgia.
Property Size50,907 SF
Price / SF$98.17
Days on Market11
Property Features for 1202 Royal Dr SW
General Information
- Standard status
- Active
- Size
- 50,907 SF
- Property subtype
- Industrial
Building Details
- Year Built
- 1986
Listing agency
(318) 393-8248
Listed by
Connor Winkler, SIOR
(318) 393-8248
Source
Lee-associates
Added: Jul 12 Updated: Jul 22 at 8:49AM Checked: Jul 22 at 8:49AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Connor Winkler, SIOR
Investment Insights
Based on property information with market context.
The property is an industrial office/warehouse building offered for sale. It includes a combined industrial and office component, totaling 50,907 square feet.
The asset is located at 1202 Royal Dr SW in Conyers, Georgia and is being marketed specifically as industrial office/warehouse space.
For buyers and brokers, the key takeaway is the facility’s built-in office and warehouse combination within a single industrial property totaling 50,907 SF.
The asset is located at 1202 Royal Dr SW in Conyers, Georgia and is being marketed specifically as industrial office/warehouse space.
For buyers and brokers, the key takeaway is the facility’s built-in office and warehouse combination within a single industrial property totaling 50,907 SF.
Key Highlights
- Industrial office/warehouse building for sale in Conyers, GA
- 50,907 SF total industrial office/warehouse area
- Built in 1986
Local 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 | $482.6k | $9.48 |
| − Vacancy | −$43.0k | −$0.84 |
| EGI | $439.6k | $8.64 |
| − OpEx | −$65.9k | −$1.30 |
| NOI | $373.7k | $7.34 |
50,907 SF · lease $9.48/SF/yr · vacancy 8.90% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$5.34M
$4.67M – $6.23M
NOI $373,700 @ 7.0% cap · market cap 7.48%
Second Best
Industrial
$4.43M
$3.88M – $5.17M
NOI $310,118 @ 7.0% cap · market cap 6.21%
Theoretical Best
Office A
$14.29M
$12.51M – $16.68M
NOI $1,000,628 @ 7.0% cap · market cap 20.02%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
BradyPLUS - Formerly Associated ...
Distribution Center
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FAQs
What type of property is this?
Flex space - Industrial office/warehouse building totaling 50,907 SF available for sale in Conyers, Georgia.
Where is this flex space located?
The property is located at 1202 Royal Dr SW Conyers, GA.
What is the asking price?
The asking price for this property is $4,997,500.
What are key features of this property?
This property features: Industrial office/warehouse building for sale in Conyers, GA; 50,907 SF total industrial office/warehouse area; Built in 1986
