Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Office and Production Space Available Title is generated by Realmo AI

    1410 Indian Trail Lilburn Rd, Norcross, GA 30093

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $1,595,000

    7,500± SF office/production space with warehouse and convenient access.

    Type:Office/Warehouse
    Property size:
    7,500 SF
    Price / SF:
    $212/SF
    Added:
    Mar 5, 2026
    Days on Market:
    72
    Last Refresh:
    Apr 5 at 8:30 pm

    Property Features for 1410 Indian Trail Lilburn Rd

    General Information

    Standard status
    Active
    Size
    7,500 SF
    Property subtype
    Office/Warehouse

    Building Details

    Year Built
    1992

    We can help!

    Listing Contact
    Doug Burggraaf, CCIM
    Doug Burggraaf, CCIM

    Listing agent Doug Burggraaf, CCIM

    Listing office King Industrial Realty Inc

    Listing date Mar 5, 2026

    Source Corfac

    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

    HighLights

    • Less than 1± Mile from I‑85
    • 7,500± SF Quality Office and Production Finish
    • Zoned M1, Gwinnett County
    • 1 Dock High Door and 1 Drive‑In Ramp
    • 750± SF Warehouse
    • Wet Sprinklers

    Overview

    This property features approximately 7,500 square feet of office and production space, complemented by an additional 750 square feet of warehouse area. It includes one dock-high door and one drive-in ramp for convenient access. The property is equipped with wet sprinklers. Zoned M1 in Gwinnett County, the location is less than one mile from I-85.

    Financial Insights

    Value Estimation Calculated for Office B

    Conservative
    $1.12M
    NOI $100,433 @ 9.00% cap · cautious / downside scenario
    Moderate
    $1.43M
    NOI $100,433 @ 7.00% cap · market / base-case scenario
    Aggressive
    $2.01M
    NOI $100,433 @ 5.00% cap · optimistic / upside scenario

    NOI & Cap Rate Calculator

    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.
         Calculated for Office B

    Component $ $/SF
    Gross rent $179.0k $23.87
    − Vacancy −$45.1k −$6.02
    EGI $133.9k $17.85
    − OpEx −$33.5k −$4.46
    NOI $100.4k $13.39
    7,500 SF · lease $23.87/SF/yr · vacancy 25.20% · expense 25.00%

    Alternative Use Scenarios

    Best Use
    Office B
    $1.43M
    $1.26M – $1.67M (±1% cap)
    NOI $100,433 @ 7.0% cap · market cap 6.30%
    Second Best
    Warehouse
    $786.5K
    $688.2K – $917.6K (±1% cap)
    NOI $55,056 @ 7.0% cap · market cap 3.45%
    Theoretical Best
    Office A
    $2.10M
    $1.83M – $2.45M (±1% cap)
    NOI $146,758 @ 7.0% cap · market cap 9.20%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Cyber World Electronics Home Appliance Store Quantum Spatial Engineering Consultant

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Skin Care Clinic

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Norcross
    County
    Gwinnett
    State
    Georgia
    Longitude
    -84.1653
    Latitude
    33.9193

    Nearby Similar for Sale

    • $1,169,000
      4,192 SF

      Professional Office Building in Norcross

      4,192 SF office building in a unique wooded setting.
      783 Holcomb Bridge Road, Norcross, GA 30071
      View Details
    • $2,995,000
      15,500 SF

      Norcross Flex Warehouse For Sale

      Flex warehouse on 2.43 acres near major interstates.
      853 S Peachtree Street #107, Norcross, GA 30071
      View Details
    • $1,300,000

      Historic Downtown Norcross Commercial Gem

      Prime location, fully leased, updated systems, and buildout potential.
      35 S Peachtree Street, Norcross, GA 30071
      View Details
    • $850,000

      Norcross Quadraplex Investment Opportunity

      Well-maintained quadraplex in Gwinnett County with long-term tenants.
      5360 Century Trace, Norcross, GA 30093
      View Details
    • $850,000

      Well-Maintained Quadraplex in Norcross, GA

      Fully occupied quadraplex with long-term residents near Jimmy Carter.
      5360 Century Trace, Norcross, GA 30093
      View Details
    • $409,900

      Renovated Triplex in Norcross, GA

      Renovated triplex with two apartments, ideal for investors or families.
      1557 Village Drive, Norcross, GA 30093
      View Details
    • $1,169,000
      4,192 SF

      Professional Office Building in Norcross

      4,192 SF office building in a wooded setting.
      783 Holcomb Bridge Road, Norcross, GA 30071
      View Details
    • $99,000

      Office Building Lot For Sale

      Office building lot in Harold Cody Office Park, Norcross.
      3135 Medlock Bridge Road NW, Norcross, GA 30071
      View Details
    • $5,150,000
      20,622 SF

      Gwinnett County Flex Building For Sale

      20,622 SF industrial/office/flex building in Gwinnett County.
      3005 Business Park Dr, Norcross, GA 30071
      View Details
    • $1,250,000
      3,000 SF

      Historic Home with Commercial Potential

      Versatile property in a desirable location with flexible income potential.
      76 Jones Street, Norcross, GA 30071
      View Details
    • $1,595,000
      7,500 SF

      Office and Production Space Available

      7,500± SF office/production space with warehouse and convenient access.
      1410 Indian Trail Lilburn Rd, Norcross, GA 30093
      View Details
    • $1,300,000
      9,800 SF

      Multi-Tenant Industrial Investment Opportunity

      Fully leased industrial property in Norcross, GA, for sale.
      4590 S Berkeley Lake Rd NW, Norcross, GA 30071
      View Details

    FAQs

    What type of property is this?
    Flex space - 7,500± SF office/production space with warehouse and convenient access.
    Where is this flex space located?
    The property is located at 1410 Indian Trail Lilburn Rd Norcross, GA.
    What is the asking price?
    The asking price for this property is $1,595,000.
    What are key features of this property?
    This property features: Less than 1± Mile from I‑85; **7,500± SF Quality Office and Production Finish**; Zoned M1, Gwinnett County
    (770) 601-3620
    We can help!
    Listing Contact
    Doug Burggraaf, CCIM
    Doug Burggraaf, CCIM
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    1410 Indian Trail Lilburn Rd, Norcross, GA 30093
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!