Three-Building Industrial Warehouse
For Sale
$4,450,000
1510 Hwy 85 Nn, Fayetteville, GA 30214
Rehabilitated industrial complex with separate structures, drive-in access, office improvements, and a paved outdoor storage yard.
Property Size30,080 SF
Lot Size5.00 Acres
Price / SF$147.94
Days on Market19
Property Features for 1510 Hwy 85 Nn
General Information
Standard status
Active
Size
30,080 SF
Lot size
5.00 Acres
Property subtype
Commercial
Zoning
I-M2 General Industrial
Site & Location
Highway Access
Yes
Road Access
Yes
Outdoor Storage
Yes
Building Details
Year Built
1984
Buildings
3
Listing Agency:
Keller Williams Realty Atl. Partners
(770) 412-3126
Listed By:
Christian Swann · License #345777
Source:
Ginesandburnsed.searchhomesinsavannah
Added: Aug 12
Changed: Aug 29
Last Checked: Aug 29 at 1:25PM
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 Keller Williams Realty Atl. Partners
Investment Insights
Based on property information with market context.
This industrial warehouse portfolio comprises three separate buildings totaling 30,080 SF on 5.00 acres. Building A contains 11,870 SF with warehouse space, a finished office area, bathrooms, LVP flooring, painted walls, LED lighting, 20'8" clear height, and drive-in access. Building B measures 13,910 SF and is occupied by the seller’s operating business, with a formal NNN sale-leaseback available for up to 12 months after closing. Building C contributes 4,300 SF of standalone warehouse space with drive-in access, painted CMU walls, LED lighting, and a finished restroom. A separate 1 acre paved IOS and truck-parking yard is included. Substantial rehabilitation was completed during 2024-2025.
The property has 313 feet of frontage on Highway 85 in Fayetteville, with 30,873 VPD. It is four blocks from the Fayette Pavilion retail corridor, 11.4 miles from Hartsfield-Jackson Atlanta International Airport, and 8.8 miles from I-75 Exit 235. I-M2 General Industrial zoning supports manufacturing, distribution, and outdoor storage uses. The site is in FEMA Zone X.
The property has 313 feet of frontage on Highway 85 in Fayetteville, with 30,873 VPD. It is four blocks from the Fayette Pavilion retail corridor, 11.4 miles from Hartsfield-Jackson Atlanta International Airport, and 8.8 miles from I-75 Exit 235. I-M2 General Industrial zoning supports manufacturing, distribution, and outdoor storage uses. The site is in FEMA Zone X.
Key Highlights
- 30,080 SF across three industrial buildings on 5.00 acres
- 313 feet of Highway 85 frontage with 30,873 VPD
- 1 acre paved IOS and truck‑parking yard
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
$220,812
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
4.96%
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%
$4,416,240
$4.4M
Cap Rate 7%
$3,154,457
$3.2M
Cap Rate 9%
$2,453,467
$2.5M
Market Conditions
NOI Build-Up for 30,080 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
$285.2K $9.48/SF
− Vacancy
−$25.4K −$0.84/SF
EGI
$259.8K $8.64/SF
− OpEx
−$39.0K −$1.30/SF
NOI
$220.8K $7.34/SF
Area
Fayette 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%
$4,416,240
Cap Rate 7%
$3,154,457
Cap Rate 9%
$2,453,467
Alternative Uses
Best Use
Warehouse
$3.15M
$2.76M – $3.68M
NOI $220,812 @ 7.0% cap · market cap 4.96%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$8.41M
$7.36M – $9.81M
NOI $588,596 @ 7.0% cap · market cap 13.23%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
30
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 30214, GA
32,135
Population
12,680
Households
2.5
Avg Household Size
45
Median Age
37%
College-Educated
92%
High-School Grad
52.7 sq mi
ZIP Area
610
Density / Sq Mi
$87,138
Median Household Income
$48,400
Median Earnings
$1,599
Median Rent
$338,300
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?
Warehouse - Rehabilitated industrial complex with separate structures, drive-in access, office improvements, and a paved outdoor storage yard.
Where is this warehouse located?
The property is located at 1510 Hwy 85 Nn Fayetteville, GA.
What is the asking price?
The asking price for this property is $4,450,000.
What are key features of this property?
This property features: 30,080 SF across three industrial buildings on 5.00 acres; 313 feet of Highway 85 frontage with 30,873 VPD; 1 acre paved IOS and truck‑parking yard
