Light Industrial Commercial
For Sale
$145,000
2554 E Wesley Chapel Way, Decatur, GA 30035
Industrial building on a 10.40-acre lot, zoned M (Light Industrial) for a range of commercial uses.
Property Size1,454 SF
Lot Size0.40 Acres
Price / SF$99.72
Days on Market60
Property Features for 2554 E Wesley Chapel Way
General Information
Standard status
Active
Size
1,454 SF
Lot size
0.40 Acres
Property subtype
Industrial
Zoning
M (Light Industrial)
Building Details
Building Size
1,454 SF
Listing Agency:
Bull Realty, Inc. - Atlanta
(404) 876-1640
Listed By:
Angie Sarris · License #331035
Source:
Tcnworldwide
Added: Jun 12
Changed: Aug 8
Last Checked: Aug 10 at 3:25AM
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 Bull Realty, Inc. - Atlanta
Investment Insights
Based on property information with market context.
This 1,454 SF commercial building sits on a 10.40-acre lot and is zoned M (Light Industrial), supporting a wide range of industrial and commercial uses. The property offers an established building footprint intended for light industrial activity within the M zoning district.
Located in DeKalb County, the site configuration is defined by the combination of building size and acreage, providing space for industrial/commercial operations consistent with the zoning designation.
For buyers and tenants evaluating M (Light Industrial) properties, this asset provides a relatively compact building set on a larger lot, offering flexibility for a variety of light industrial and commercial uses as permitted by the zoning.
Located in DeKalb County, the site configuration is defined by the combination of building size and acreage, providing space for industrial/commercial operations consistent with the zoning designation.
For buyers and tenants evaluating M (Light Industrial) properties, this asset provides a relatively compact building set on a larger lot, offering flexibility for a variety of light industrial and commercial uses as permitted by the zoning.
Key Highlights
- 1,454 SF commercial/industrial building on a 10.40‑acre lot in DeKalb County
- Zoned M (Light Industrial), allowing for a wide range of industrial and commercial uses
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
$8,858
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
6.11%
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%
$177,160
$177.2K
Cap Rate 7%
$126,543
$126.5K
Cap Rate 9%
$98,422
$98.4K
Market Conditions
NOI Build-Up for 1,454 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
$13.8K $9.48/SF
− Vacancy
−$1.1K −$0.78/SF
EGI
$12.7K $8.70/SF
− OpEx
−$3.8K −$2.61/SF
NOI
$8.9K $6.09/SF
Area
DeKalb 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%
$177,160
Cap Rate 7%
$126,543
Cap Rate 9%
$98,422
Alternative Uses
Best Use
Industrial
$126.5K
$110.7K – $147.6K
NOI $8,858 @ 7.0% cap · market cap 6.11%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$406.4K
$355.6K – $474.2K
NOI $28,451 @ 7.0% cap · market cap 19.62%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
591
Businesses Nearby
Explore this area
Business Placement
Demographics for 30035, GA
22,671
Population
8,731
Households
2.6
Avg Household Size
36
Median Age
26%
College-Educated
90%
High-School Grad
8.5 sq mi
ZIP Area
2,667
Density / Sq Mi
$65,733
Median Household Income
$34,246
Median Earnings
$1,522
Median Rent
$217,100
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.
Frequently Asked Questions
What type of property is this?
Manufacturing property - Industrial building on a 10.40-acre lot, zoned M (Light Industrial) for a range of commercial uses.
Where is this manufacturing property located?
The property is located at 2554 E Wesley Chapel Way Decatur, GA.
What is the asking price?
The asking price for this property is $145,000.
What are key features of this property?
This property features: 1,454 SF commercial/industrial building on a 10.40‑acre lot in DeKalb County; Zoned M (Light Industrial), allowing for a wide range of industrial and commercial uses
