Industrial Property Near
511 Stephens Street Atlanta, GA 30310
511 Stephens Street, Atlanta, GA, 30310
$5,950,000
For Sale
$5,950,000
Industrial property with office space, drive-in doors, and dock positions.
Property Size36,073 SF
Price / SF$164.94
Days on Market239
Property Features for 511 Stephens Street
General Information
- Standard status
- Active
- Size
- 36,073 SF
- Property subtype
- Industrial
Listing agency
King Industrial Realty Inc Northwest
(770) 883-8363
Listed by
Brandon Huft · License #178207
(770) 883-8363
Source
Corfac
Added: Nov 25, 2025 Updated: Jul 6 at 10:29AM Checked: Jul 22 at 4:17AM
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 King Industrial Realty Inc Northwest
Investment Insights
Based on property information with market context.
This industrial property is located less than one mile from Interstate 20 and just over one mile from Interstate 75. The building includes 5,300 square feet of office space. It features five drive-in doors and six dock positions. The main warehouse area offers a clear height of 17 feet. The property has potential for heavy power usage. It is partially fenced and gated, providing outside storage options. A new roof has been installed. The property is divisible to 7,550 square feet and is walkable to the Beltline. The total property size is 36,073 square feet, situated on 1.68 acres.
Key Highlights
- Excellent Location: Less than 1 mile to I‑20 and just over 1 mile to I‑75, walkable to Beltline.
- New Roof
- 6 Dock Positions and 5 Drive‑In Doors
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 | $326.1k | $9.04 |
| − Vacancy | −$28.5k | −$0.79 |
| EGI | $297.6k | $8.25 |
| − OpEx | −$44.6k | −$1.24 |
| NOI | $252.9k | $7.01 |
36,073 SF · lease $9.04/SF/yr · vacancy 8.75% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$3.61M
$3.16M – $4.22M
NOI $252,931 @ 7.0% cap · market cap 4.25%
Second Best
Industrial
$2.98M
$2.60M – $3.47M
NOI $208,296 @ 7.0% cap · market cap 3.50%
Theoretical Best
Office A
$10.08M
$8.82M – $11.76M
NOI $705,865 @ 7.0% cap · market cap 11.86%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Roadside Atlanta Mobile ...
Auto Repair Shop
Similar For Sale Nearby
Similar Off Market Nearby
- Ralph Storage Facility — 448 Ralph David Abernathy Blvd, Atlanta, GA 30312
- Atlanta Storage — 645 Shelton Ave SW, Atlanta, GA 30310
- CubeSmart Self Storage — 578 Whitehall St SW, Atlanta, GA 30303
FAQs
What type of property is this?
Warehouse - Industrial property with office space, drive-in doors, and dock positions.
Where is this warehouse located?
The property is located at 511 Stephens Street Atlanta, GA.
What is the asking price?
The asking price for this property is $5,950,000.
What are key features of this property?
This property features: Excellent Location: Less than 1 mile to I‑20 and just over 1 mile to I‑75, walkable to Beltline.; New Roof; 6 Dock Positions and 5 Drive‑In Doors
