Multi-Use Flex
For Sale
$1,600,000
1719 & 1705 Redan E, Lithonia, GA 30058
Flex-style building with front office-style space and back warehouse areas with loading docks.
Property Size1,995 SF
Price / SF$104.88
Days on Market108
Property Features for 1719 & 1705 Redan E
General Information
Standard status
Active
Size
1,995 SF
Property subtype
Commercial
Amenities
2.26 acres, Industrial Park, Level
Public Sewer
Parcel Number: 16 101 03 026, Annual Amount: $39,031.3, Year: 25
Central Air, Fans
Electric
Listing ID: 10810817, Standard Status: Active, MLS Status: Active, On market as of 2026-07-14, 105 days on market
Parking Lot, Paved
Built in 1995, Construction Materials: Aluminum Siding, Brick
County/Parish: DeKalb
Resale
Cable Available, Electricity Available, High Speed Internet, Sewer Available, Water Source: Public
Negotiable
Building Details
Building Size
1,995 SF
Year Built
1995
Listing Agency:
NVision Realty & Consulting
(678) 234-9695
Listed By:
Brian Thompkins · License #392860
(678) 371-2665
Source:
Blackstreaminternational
Added: Jul 14
Changed: Oct 29
Last Checked: Oct 28 at 6:54AM
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 NVision Realty & Consulting
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Investment Insights
Based on property information with market context.
This highly adaptable flex construction multi-use building is currently used as a church and school. The layout includes finished, office-style storefront space at the front, along with an open warehouse-style area with high ceilings in the back. Loading docks support the rear warehouse function, and the interior is designed for reconfiguration into different combinations of office, R&D, showroom, and light industrial space as needs change.
The property includes classrooms, offices, kitchen, gymnasium, playground, and an auditorium. Additional space for expansion is noted as part of the building’s overall adaptability.
The property includes classrooms, offices, kitchen, gymnasium, playground, and an auditorium. Additional space for expansion is noted as part of the building’s overall adaptability.
Key Highlights
- Multi‑use flex building built in 1995 with approx. 15,256 SF
- Front office‑style storefront and back open warehouse‑style space with high ceilings
- Back area includes loading docks
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$111,992
Cap Rate
7.00%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,239,840
$2.2M
Cap Rate 7%
$1,599,886
$1.6M
Cap Rate 9%
$1,244,356
$1.2M
Market Conditions
NOI Build-Up for 15,256 SF
Gross rent
$144.6K $9.48/SF
− Vacancy
−$12.9K −$0.84/SF
EGI
$131.8K $8.64/SF
− OpEx
−$19.8K −$1.30/SF
NOI
$112.0K $7.34/SF
Area
DeKalb 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 Rate 5%
$2,239,840
Cap Rate 7%
$1,599,886
Cap Rate 9%
$1,244,356
Alternative Uses
Best Use
Warehouse
$1.60M
$1.40M – $1.87M
NOI $111,992 @ 7.0% cap · market cap 7.00%
Second Best
Industrial
$1.33M
$1.16M – $1.55M
NOI $92,937 @ 7.0% cap · market cap 5.81%
Theoretical Best
Office A
$4.26M
$3.73M – $4.98M
NOI $298,525 @ 7.0% cap · market cap 18.66%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
265
Businesses Nearby
Balanced
Demand for This Use
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Business Placement
Demographics for 30058, GA
59,445
Population
23,671
Households
2.5
Avg Household Size
36
Median Age
30%
College-Educated
90%
High-School Grad
30.5 sq mi
ZIP Area
1,949
Density / Sq Mi
$62,633
Median Household Income
$36,992
Median Earnings
$1,478
Median Rent
$221,200
Median Home Value
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Market
Vacancy Rate% for Industrial in South region
Similar Off Market Nearby
- Miriam famous chicken & catering — 2046 Lown Farm Trail, Lithonia, GA 30058
- Tastee Pleasures Catering Services — 6172 Waterton Dr, Lithonia, GA 30058
- Taylor Empire — 6453 Shadow Rock Dr, Lithonia, GA 30058
Frequently Asked Questions
What type of property is this?
Flex space - Flex-style building with front office-style space and back warehouse areas with loading docks.
Where is this flex space located?
The property is located at 1719 & 1705 Redan E Lithonia, GA.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: Multi‑use flex building built in 1995 with approx. 15,256 SF; Front office‑style storefront and back open warehouse‑style space with high ceilings; Back area includes loading docks
