Freestanding Light Industrial
1314 Olympic Court SW Conyers, GA 30012
For Sale
Contact for pricing
Freestanding light industrial building with two sections, drive-in doors, and approx. 440 SF of office.
Property Size6,600 SF
Lot Size0.43 Acres
Price / SF$104.24
Days on Market445
Property Features for 1314 Olympic Court SW
General Information
- Standard status
- Active
- Size
- 6,600 SF
- Lot size
- 0.43 Acres
- Property subtype
- Industrial
Building Details
- Year Built
- 1995
Listing Agency:
SRBOA, Inc.
(404) 723-7702
Listed By:
Ashley Jester
Source:
Crexi
Added: May 5, 2025
Changed: Jul 23
Last Checked: Jul 23 at 11:49AM
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 SRBOA, Inc.
Investment Insights
Based on property information with market context.
This freestanding light industrial building offers two distinct warehouse sections with clear heights of approximately 12'–14' in the main area and 16'–18' in a rear addition. The property includes two drive-in doors sized 10' x 10' and 10' x 12', about 440 SF of office space, and an upstairs office/storage area that could be repurposed for additional warehouse use. Single-phase power and approximately eight dedicated parking spaces support light commercial and industrial operations. Built in 1995 and described as well maintained, the building is positioned as a turnkey facility.
The property is located in an industrial park in Conyers and is described as being about 2 miles from I-20 (Exit 78). The site sits on a 0.43-acre lot and is identified as zoned M1.
Overall, the layout supports flexible use within a light industrial configuration, with office components in addition to warehouse space and multiple drive-in access points.
The property is located in an industrial park in Conyers and is described as being about 2 miles from I-20 (Exit 78). The site sits on a 0.43-acre lot and is identified as zoned M1.
Overall, the layout supports flexible use within a light industrial configuration, with office components in addition to warehouse space and multiple drive-in access points.
Key Highlights
- 6,600 SF freestanding light industrial building on a 0.43‑acre lot, built in 1995
- Two warehouse sections: 4,200 SF main area with 12'–14' clear height and 2,400 SF rear addition with 16'–18' clear height
- Includes two drive‑in doors: 10' x 10' and 10' x 12'
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 | $62.6k | $9.48 |
| − Vacancy | −$5.6k | −$0.84 |
| EGI | $57.0k | $8.64 |
| − OpEx | −$8.5k | −$1.30 |
| NOI | $48.4k | $7.34 |
6,600 SF · lease $9.48/SF/yr · vacancy 8.90% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$692.1K
$605.6K – $807.5K
NOI $48,450 @ 7.0% cap · market cap 7.04%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.85M
$1.62M – $2.16M
NOI $129,730 @ 7.0% cap · market cap 18.86%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
All Star
Big Box & Wholesale Store
Similar Off Market Nearby
- THE SECURITY WAREHOUSE — 1081 Railroad St NW, Conyers, GA 30012
- Space Shop Self Storage — 1363 Dogwood Dr SW, Conyers, GA 30012
- CubeSmart Self Storage — 1840 Iris Dr SW, Conyers, GA 30094
FAQs
What type of property is this?
Warehouse - Freestanding light industrial building with two sections, drive-in doors, and approx. 440 SF of office.
Where is this warehouse located?
The property is located at 1314 Olympic Court SW Conyers, GA.
What is the asking price?
The asking price for this property is $688,000.
What are key features of this property?
This property features: 6,600 SF freestanding light industrial building on a 0.43‑acre lot, built in 1995; Two warehouse sections: 4,200 SF main area with 12'–14' clear height and 2,400 SF rear addition with 16'–18' clear height; Includes two drive‑in doors: 10' x 10' and 10' x 12'
