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Multi-Unit Flex and Warehouse Plaza
For Sale
$989,000

147 Burke Street, Stockbridge, GA 30281

Multi-unit commercial plaza with office, storefront, and warehouse/garage bays, including four electric roll-up doors and gated rear storage yard.

Property Size9,870 SF
Price / SF$100.20
Days on Market9

Property Features for 147 Burke Street

General Information

Standard status Active
Size 9,870 SF
Total Parking Spaces 32
Property subtype Other

Site & Location

Fenced Yard Yes
Outdoor Storage Yes

Additional Details

Clear Height 12 ft

Amenities

service elevator access
kitchenettes
bathrooms throughout
gated rear storage yard
0.69 acres, Business Park, Corner Lot, Level
Composition
Public Sewer
Annual Amount: $8,059, Year: 25
Carpet, Concrete, Tile
Electric
Cumulative Days on Market: 4, 4 days on market, On Market Date: 2026-07-22
Parking Total: 32, Parking Lot, Paved
Built in 1985, Concrete
County: Henry
Resale
Cable Available, Electricity Available, High Speed Internet, Phone Available, Water Available, Public
Close Of Escrow
Accessible Entrance

Building Details

Building Size 1,985 SF
Year Built 1985
Tenancy Multi
Listing Agency: Self Property Advisors
Listed By: Ashley Mullinax
Source: Blackstreaminternational
Added: Jul 22 Changed: Jul 28 Last Checked: Jul 30 at 6:15AM

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 Self Property Advisors

Investment Insights

Based on property information with market context.

This multi-unit commercial plaza offers a mix of office, storefront, and warehouse/garage-style spaces, supported by ceiling heights ranging from 8 to 12 feet. Several units include office configurations with kitchenettes and bathrooms, along with storage areas and service elevator access. Warehouse/garage bays feature four electric roll-up doors, and the building includes multiple windows and doors, with 6-inch thick walls and extensive drainage infrastructure.

The property includes an on-site parking lot with 29 standard spaces and 3 ADA spaces for tenant and customer access. A gated rear storage yard provides an additional 25-by-75 storage area.

Sale includes a 1990 Pettibone Mercury GA40 forklift, and several units are set to be delivered vacant, supporting both immediate leasing and owner-occupant use options.

Key Highlights

  • Multi‑unit commercial plaza built in 1985 with approximately 9,870 total SF across flexible‑use spaces.
  • Warehouse/garage‑style bays include 4 electric roll‑up doors, plus ceiling heights from 8 to 12 feet.
  • Parking lot includes 29 standard spaces and 3 ADA spaces for customer, employee, and tenant access.

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 $93.6k $9.48
− Vacancy −$8.3k −$0.84
EGI $85.2k $8.64
− OpEx −$12.8k −$1.30
NOI $72.5k $7.34
9,870 SF · lease $9.48/SF/yr · vacancy 8.90% · expense 15.00%

Alternative Uses

Best Use
Office B
$1.89M
$1.65M – $2.20M (±1% cap)
NOI $132,170 @ 7.0% cap · market cap 13.36%
Second Best
Warehouse
$1.04M
$905.7K – $1.21M (±1% cap)
NOI $72,454 @ 7.0% cap · market cap 7.33%
Theoretical Best
Office A
$2.76M
$2.41M – $3.22M (±1% cap)
NOI $193,133 @ 7.0% cap · market cap 19.53%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Loan Till Payday ... Loan Service Shekinah Glory & Praise ... Church Shekinah Kingdom Ministry Association Or Organization

Suggested Use

Top Pick Real Estate Agency Storage Facility Parking Lot & Garage HVAC Service Big Box & Wholesale Store Law Firm

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

Lease Details

12 ft
Clear height
Multi-tenant
Tenancy
Yes
Fenced yard

Location Intelligence

Trade Area within ½ mile

592
Businesses Nearby
Well-served
Demand for This Use

Demographics for 30281, GA

69,540
Population
29,546
Households
2.4
Avg Household Size
38
Median Age
25%
College-Educated
90%
High-School Grad
69.3 sq mi
ZIP Area
1,003
Density / Sq Mi
$70,587
Median Household Income
$43,672
Median Earnings
$1,427
Median Rent
$235,700
Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 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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  • Tasteful Events — 5061 N Henry Blvd, Stockbridge, GA 30281

Frequently Asked Questions

What type of property is this?
Flex space - Multi-unit commercial plaza with office, storefront, and warehouse/garage bays, including four electric roll-up doors and gated rear storage yard.
Where is this flex space located?
The property is located at 147 Burke Street Stockbridge, GA.
What is the asking price?
The asking price for this property is $989,000.
What are key features of this property?
This property features: Multi‑unit commercial plaza built in 1985 with approximately 9,870 total SF across flexible‑use spaces.; Warehouse/garage‑style bays include 4 electric roll‑up doors, plus ceiling heights from 8 to 12 feet.; Parking lot includes 29 standard spaces and 3 ADA spaces for customer, employee, and tenant access.
More about this property
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