Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    Riverdale, GA 30274

    Loading data...
    Loading data...
    Loading data...
    For Sale
    $1,200,000

    Industrial property featuring office space and fenced outside storage.

    Property size:
    15,820 SF

    Property Features for

    General Information

    Size
    15,820 SF

    We can help!

    Listing Contact
    Ryan Clark
    Source: Corfac

    Listing Agent: Ryan Clark

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Industrial Property with Fenced Storage

    This industrial property, located in Riverdale, Georgia, in Clayton County, offers a 1,120± square foot office footprint with additional mezzanine office space. The property includes nine 12'x14' drive-in doors and a 400 amp/240 volt/3 phase electrical system. It features a 28' ceiling height and approximately 245 feet of road frontage. The property also includes 0.51± acres of fenced outside storage. The total property size is 15,820 square feet.
    Location Intelligence

    Current Use by Public Records

    Warehouses

    Similar Places Nearby

    Thrope Self Storage Facility, Alitta Facility, Self Storage facility, Simpson Self Storage Unit, U-STOR Self Storage

    Map

    City
    Riverdale
    County
    Clayton
    State
    Georgia
    Longitude
    -84.3998
    Latitude
    33.5562

    Nearby Similar for Sale

    • $3,500,000
      4,316 SF

      Riverdale Office Space For Sale

      Versatile office space in a growing commercial corridor of Riverdale.
      6338 Church St, Riverdale, GA 30274
      View Details
    • $250,000
      Pending

      Commercial Building in Growing Riverdale

      Commercial building with great parking and space in growing Riverdale.
      478 Upper Riverdale Rd SW, Riverdale, GA 30274
      View Details
    • $275,000
      Pending

      All-Brick Duplex in Riverdale, GA

      Solid duplex with immediate income potential in Riverdale, Georgia.
      6105 E Fayetteville Dr E, Riverdale, GA 30296
      View Details
    • $169,900

      Renovated Townhome Near Medical Center

      Completely renovated townhome near Southern Regional Medical Center, no HOA.
      6464 River Park Dr, Riverdale, GA 30274
      View Details
    • $125,000
      1 SF

      Highway Frontage Commercial Land Available

      Commercial land for sale on high-traffic highway.
      Lot C001 & C026, Riverdale, GA 30274
      View Details
    • $165,000
      1,112 SF

      Freshly Painted Townhome with Patio

      Recently renovated townhome featuring two bedrooms with en-suite bathrooms.
      7109 Brookview Way, Riverdale, GA 30274
      View Details
    • $200,000
      1,852 SF

      Riverdale Home with Fresh Interior

      Home features fresh paint, partial new flooring, and walk-in closet.
      1485 Riverrock Trl, Riverdale, GA 30296
      View Details
    • $224,000
      1,566 SF

      Cozy Townhome with New Flooring

      Starter home or investment property with new flooring and HVAC.
      6076 Camden Forrest Dr, Riverdale, GA 30296
      View Details
    • $2,802,000
      14,010 SF

      Medical Office Space For Sale

      14,010 SF medical office space on 3.4 acres.
      150 Medical Way, Riverdale, GA 30274
      View Details
    • $125,000
      1.06 Acres

      High-Traffic Riverdale Commercial Land

      Prime location, two parcels, development potential.
      Unit C001 & C, Riverdale, GA 30274
      View Details
    • Contact for pricing
      0.54 Acres

      Riverdale Office Space for Lease

      Prime Riverdale location, 1095 SF usable space.
      948 Hwy 138 Hwy, Riverdale, GA 30296
      View Details
    • $90,000
      0.41 Acres

      Riverdale Commercial Lot - 0.41 Acres

      Prime Riverdale location, build your dream business.
      SW Highway 138, Riverdale, GA 30296
      View Details

    FAQs

    What type of property is this?
    Warehouse - Industrial property featuring office space and fenced outside storage.
    Where is this warehouse located?
    The property is located at Riverdale, GA.
    What is the asking price?
    The asking price for this property is $1,200,000.
    What are key features of this property?
    This property features: - (9) 12'x14' Drive-In Doors; - 0. 51± Acre of Fenced Outside Storage; - Impressive 28' Ceiling Height
    (678) 588-6603
    Request Owner's contact information
    Riverdale, GA 30274
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Riverdale, GA 30274
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Riverdale, GA 30274
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Ryan Clark
    (678) 588-6603
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.