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Industrial Office/Warehouse Building
For Sale
$4,997,500

1202 Royal Dr SW, Conyers, GA 30094

Industrial office/warehouse building totaling 50,907 SF available for sale in Conyers, Georgia.

Property Size50,907 SF
Price / SF$98.17
Days on Market25

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:
Listed By: Connor Winkler, SIOR
Source: Lee-associates
Added: Jul 12 Changed: Jul 22 Last Checked: Aug 5 at 4:27AM

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.

Key Highlights

  • Industrial office/warehouse building for sale in Conyers, GA
  • 50,907 SF total industrial office/warehouse area
  • Built in 1986

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 (±1% cap)
NOI $373,700 @ 7.0% cap · market cap 7.48%
Second Best
Industrial
$4.43M
$3.88M – $5.17M (±1% cap)
NOI $310,118 @ 7.0% cap · market cap 6.21%
Theoretical Best
Office A
$14.29M
$12.51M – $16.68M (±1% cap)
NOI $1,000,628 @ 7.0% cap · market cap 20.02%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

BradyPLUS - Formerly Associated ... Distribution Center

Suggested Use

Top Pick Parking Lot & Garage Locksmith Computer & Electronic Repair Butcher Storage Facility Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

923
Businesses Nearby
Well-served
Demand for This Use

Demographics for 30094, GA

33,745
Population
12,606
Households
2.7
Avg Household Size
42
Median Age
32%
College-Educated
94%
High-School Grad
39.3 sq mi
ZIP Area
859
Density / Sq Mi
$87,619
Median Household Income
$42,633
Median Earnings
$1,610
Median Rent
$266,600
Median Home Value

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

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  • Culinary Services 1380 Business Center Dr SW, Conyers, GA 30094
  • Thompkins-Smoker Grill LLC 1007 Green St SE Unit 1747, Conyers, GA 30012

Frequently Asked Questions

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
More about this property
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