Industrial Property with Fenced
1742 & 1744 Connally Drive, East Point, GA 30344
For Sale
New
$2,100,000
Multiple buildings offer grade-level drive-in access and fenced outdoor storage.
Property Size19,624 SF
Lot Size1.81 Acres
Price / SF$107.01
Days on Market2
Property Features for 1742 & 1744 Connally Drive
General Information
Standard status
Size
Lot size
Property subtype
Zoning
Site & Location
Neighborhood
Highway Access
Fenced Yard
Outdoor Storage
Additional Details
Land Use
Amenities
Grade Level Drive-In Doors
Fenced Outside Storage
Building Details
Building Size
Buildings
Listing Agency:
King Industrial Realty Inc
Listed By:
Carson Hawks
(770) 312-0267
Source:
Kingindustrial
Added: Nov 12
Changed: Nov 13
Last Checked: Nov 12 at 2:30PM
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
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This industrial property comprises four buildings with a combined 19,624± square feet across three parcels totaling 1.81± acres. The buildings have grade-level drive-in doors, and the site includes fenced outdoor storage. The parcels are offered together and carry CR zoning.
Connally Drive provides access to I-85 and I-285, each less than 2 miles away. Hartsfield-Jackson Atlanta International Airport is also minutes from the property.
Connally Drive provides access to I-85 and I-285, each less than 2 miles away. Hartsfield-Jackson Atlanta International Airport is also minutes from the property.
Key Highlights
- Four buildings totaling 19,624± SF
- Three parcels totaling 1.81± acres; sale together
- Grade‑level drive‑in doors
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$108,449
Cap Rate
5.16%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,168,980
$2.2M
Cap Rate 7%
$1,549,271
$1.5M
Cap Rate 9%
$1,204,989
$1.2M
Market Conditions
NOI Build-Up for 19,624 SF
Gross rent
$168.8K $8.60/SF
− Vacancy
−$13.8K −$0.71/SF
EGI
$154.9K $7.89/SF
− OpEx
−$46.5K −$2.37/SF
NOI
$108.4K $5.53/SF
Area
Fulton County, GA
Vacancy
8.20%
Lease Rate
$8.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,168,980
Cap Rate 7%
$1,549,271
Cap Rate 9%
$1,204,989
Alternative Uses
Best Use
Industrial
$1.55M
$1.36M – $1.81M
NOI $108,449 @ 7.0% cap · market cap 5.16%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$5.49M
$4.80M – $6.40M
NOI $383,996 @ 7.0% cap · market cap 18.29%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Yes
Fenced yard
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
435
Businesses Nearby
Explore this area
Business Placement
Demographics for 30344, GA
35,365
Population
17,586
Households
2
Avg Household Size
36
Median Age
36%
College-Educated
89%
High-School Grad
12.1 sq mi
ZIP Area
2,923
Density / Sq Mi
$59,647
Median Household Income
$42,108
Median Earnings
$1,315
Median Rent
$240,700
Median Home Value
Market
Average Price Trend$/SF for Industrial properties in Fulton County, GA
Properties on Market for Industrial properties in Fulton County
Vacancy Rate% for Industrial in South region
Frequently Asked Questions
What type of property is this?
Industrial property - Multiple buildings offer grade-level drive-in access and fenced outdoor storage.
Where is this industrial property located?
The property is located at 1742 & 1744 Connally Drive East Point, GA.
What is the asking price?
The asking price for this property is $2,100,000.
What are key features of this property?
This property features: Four buildings totaling 19,624± SF; Three parcels totaling 1.81± acres; sale together; Grade‑level drive‑in doors
