Renovated Industrial Flex
For Sale
Contact for pricing
1252 Oakleigh Dr Atlanta GA, East Point, GA 30344
Renovated, fenced and gated industrial flex site with updated electrical, plumbing, bathrooms, and heavy power available.
Property Size28,981 SF
Lot Size4.48 Acres
Price / SF$125
Days on Market396
Property Features for 1252 Oakleigh Dr Atlanta GA
General Information
Standard status
Active
Size
28,981 SF
Class
B
Lot size
4.48 Acres
Property subtype
Industrial
Zoning
I-1
Occupancy
100%
Lease Type
Net
Investment Type
Value Add
Net Operating Income
$239,589
Additional Details
Fenced Yard
Yes
Heavy Power
Yes
Building Details
Year Built
1955
Year Renovated
2022
Buildings
1
Stories
1
Units
1
Tenancy
Single
Listing Agency:
Archive East Point, LLC
Listed By:
Glenn Murer · License #FLBO
Source:
Crexi
Added: Aug 8, 2025
Changed: Sep 3
Last Checked: Sep 6 at 1:38PM
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 Archive East Point, LLC
Investment Insights
Based on property information with market context.
For sale: a renovated flex/industrial property at 1252 Oakleigh Dr, Atlanta GA, East Point, GA 30344. The site is fenced and gated and has been updated with new electrical, plumbing, and bathrooms.
Power capacity is a key feature. The existing service is listed as 800a at 120/208, with 2000a 480v available. The property totals 4.48 acres.
This configuration supports a wide range of light industrial and flex-style uses where substantial electrical service is important.
Power capacity is a key feature. The existing service is listed as 800a at 120/208, with 2000a 480v available. The property totals 4.48 acres.
This configuration supports a wide range of light industrial and flex-style uses where substantial electrical service is important.
Key Highlights
- Priced at $125 per square foot on a 4.48‑acre site
- Fenced and gated industrial flex property
- Renovated with new electrical, plumbing, and bathrooms
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$176,548
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.87%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$3,530,960
$3.5M
Cap Rate 7%
$2,522,114
$2.5M
Cap Rate 9%
$1,961,644
$2.0M
Market Conditions
NOI Build-Up for 28,981 SF
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.
Gross rent
$274.7K $9.48/SF
− Vacancy
−$22.5K −$0.78/SF
EGI
$252.2K $8.70/SF
− OpEx
−$75.7K −$2.61/SF
NOI
$176.5K $6.09/SF
Area
Fulton County, GA
Vacancy
8.20%
Lease Rate
$9.48 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$3,530,960
Cap Rate 7%
$2,522,114
Cap Rate 9%
$1,961,644
Alternative Uses
Best Use
Industrial
$2.52M
$2.21M – $2.94M
NOI $176,548 @ 7.0% cap · market cap 4.87%
Second Best
Flex RnD
$2.41M
$2.11M – $2.82M
NOI $168,938 @ 7.0% cap · market cap 4.66%
Theoretical Best
Office A
$8.10M
$7.09M – $9.45M
NOI $567,091 @ 7.0% cap · market cap 15.65%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Heavy power
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
591
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 30344, GA
35,365
Population
17,586
Households
2
Avg Household Size
36
Median Age
36%
College-Educated
89%
High-School Grad
12.1 sq mi
ZIP Area
2,923
Density / Sq Mi
$59,647
Median Household Income
$42,108
Median Earnings
$1,315
Median Rent
$240,700
Median Home Value
Market
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
- Wee Treats Katering Events & Supply LLC — 1603 White Way, Atlanta, GA 30344
- Desi Date Nights — 1656 Ware Ave #130, Atlanta, GA 30344
- Cinema Catering — 1053 Oakleigh Dr, Atlanta, GA 30343
- Catering By Carlton — Atlanta, GA 30310
Frequently Asked Questions
What type of property is this?
Flex space - Renovated, fenced and gated industrial flex site with updated electrical, plumbing, bathrooms, and heavy power available.
Where is this flex space located?
The property is located at 1252 Oakleigh Dr Atlanta GA East Point, GA.
What is the asking price?
The asking price for this property is $3,622,625.
What are key features of this property?
This property features: Priced at $125 per square foot on a 4.48‑acre site; Fenced and gated industrial flex property; Renovated with new electrical, plumbing, and bathrooms
