Industrial Warehouse with High Clear
For Sale
Contact for pricing
1449 Field Park Circle NW, Marietta, GA 30066
Fee-simple industrial facility with 229230 clear heights, multiple loading configurations, and 3-phase power.
Property Size15,400 SF
Lot Size1.06 Acres
Price / SF$175.32
Days on Market54
Property Features for 1449 Field Park Circle NW
General Information
Standard status
Active
Size
15,400 SF
Class
B
Lot size
1.06 Acres
Property subtype
Industrial
Zoning
Light Industrial
Investment Type
Owner/User
Warehouse & Industrial
Clear Height
23 ft
Heavy Power
Yes
Additional Details
Highway Access
Yes
Building Details
Year Built
2001
Buildings
1
Listing Agency:
Sterling Realty Partners, Inc
Listed By:
Lionel Sterling, Jr. · License #GA 352265
Source:
Crexi
Added: Jun 30
Changed: Aug 14
Last Checked: Aug 21 at 3:07PM
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 Sterling Realty Partners, Inc
Investment Insights
Based on property information with market context.
1449 Field Park Circle NW is a fully functional industrial facility offered on a fee-simple basis. The building provides 229230 clear heights and is designed with multiple loading configurations, supported by 3-phase power for industrial operations.
The property is positioned in an established industrial corridor in Cobb County and offers access to I-75, I-575, and I-285, providing connectivity to the greater Atlanta metro. The remarks also note proximity to Wellstar Kennestone Hospital, which can support demand from medical supply and distribution users.
The offering includes a 15,400 SF facility on 1.06 acres, presenting a straightforward owner-user or investor acquisition opportunity.
The property is positioned in an established industrial corridor in Cobb County and offers access to I-75, I-575, and I-285, providing connectivity to the greater Atlanta metro. The remarks also note proximity to Wellstar Kennestone Hospital, which can support demand from medical supply and distribution users.
The offering includes a 15,400 SF facility on 1.06 acres, presenting a straightforward owner-user or investor acquisition opportunity.
Key Highlights
- Fully functional 15,400 SF industrial facility on 1.06 acres (fee‑simple acquisition)
- 22'–23' clear heights with industrial ceiling height capacity for storage and operations
- Multiple loading configurations for flexible logistics and tenant/inventory flow
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
$113,049
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
4.19%
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%
$2,260,980
$2.3M
Cap Rate 7%
$1,614,986
$1.6M
Cap Rate 9%
$1,256,100
$1.3M
Market Conditions
NOI Build-Up for 15,400 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
$146.0K $9.48/SF
− Vacancy
−$13.0K −$0.84/SF
EGI
$133.0K $8.64/SF
− OpEx
−$19.9K −$1.30/SF
NOI
$113.0K $7.34/SF
Area
Cobb County, GA
Vacancy
8.90%
Lease Rate
$9.48 /SF/Yr
Expense Ratio
15.00%
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%
$2,260,980
Cap Rate 7%
$1,614,986
Cap Rate 9%
$1,256,100
Alternative Uses
Best Use
Warehouse
$1.61M
$1.41M – $1.88M
NOI $113,049 @ 7.0% cap · market cap 4.19%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$4.32M
$3.78M – $5.05M
NOI $302,702 @ 7.0% cap · market cap 11.21%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
23 ft
Clear height
Yes
Heavy power
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
461
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 30066, GA
62,417
Population
23,632
Households
2.6
Avg Household Size
38
Median Age
53%
College-Educated
95%
High-School Grad
27.2 sq mi
ZIP Area
2,295
Density / Sq Mi
$112,067
Median Household Income
$57,687
Median Earnings
$1,760
Median Rent
$373,500
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
- Devon Self Storage — 1515 Cobb Pkwy N, Marietta, GA 30062
- Wirks Moving and Storage - Marietta Movers — 1470 Field Park Cir NW, Marietta, GA 30066
- Extra Space Storage — 1419 Cobb Pkwy N, Marietta, GA 30062
Frequently Asked Questions
What type of property is this?
Warehouse - Fee-simple industrial facility with 229230 clear heights, multiple loading configurations, and 3-phase power.
Where is this warehouse located?
The property is located at 1449 Field Park Circle NW Marietta, GA.
What is the asking price?
The asking price for this property is $2,700,000.
What are key features of this property?
This property features: Fully functional 15,400 SF industrial facility on 1.06 acres (fee‑simple acquisition); 22'–23' clear heights with industrial ceiling height capacity for storage and operations; Multiple loading configurations for flexible logistics and tenant/inventory flow
