Atlanta Industrial Buildings on Large
For Sale
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1820 Murphy Avenue, Atlanta, GA 30310
26,156 SF industrial buildings on 3.6 acres in Atlanta.
Property Size26,156 SF
Lot Size3.60 Acres
Price / SF$137.64
Days on Market154
Property Features for 1820 Murphy Avenue
General Information
Standard status
Active
Size
26,156 SF
Lot size
3.60 Acres
Property subtype
Industrial
Zoning
I-2 (Heavy Industrial)
Lease Type
Gross
Investment Type
Stabilized
Building Details
Buildings
2
Tenancy
Multi
Listing Agency:
McWhirter Realty
Listed By:
Kathy Mikeal · License #GA
(770) 955-2000
Source:
Crexi
Added: May 13
Changed: Oct 10
Last Checked: Oct 12 at 5:56PM
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 McWhirter Realty
Investment Insights
Based on property information with market context.
This industrial property features 26,156 square feet of space across multiple buildings, situated on approximately 3.6 acres. An additional 13,000 square feet of pole barn structures are also present on the site. The property is zoned I-2 (Heavy Industrial) by the City of Atlanta and is located in a Federal Opportunity Zone. It offers flexible outside storage opportunities. The location provides convenient access to MARTA transit, being just 0.4 miles from the Lakewood/Fort McPherson MARTA Station, with connectivity to Langford Parkway, I-75/85, I-20, the Atlanta BeltLine, and Hartsfield-Jackson International Airport. The surrounding area is undergoing significant redevelopment, with new commercial and residential projects. The property includes two residential-zoned lots (1132 & 1142 Birch Street) and is suitable for either investors or owner-users.
Key Highlights
- 26,156± SF of industrial buildings on 3.6± acres with additional pole barn structures.
- Zoned I‑2 (Heavy Industrial) – City of Atlanta, offering flexible usage.
- Located in a Federal Opportunity Zone, providing potential tax benefits.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$151,033
Cap Rate
4.20%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,020,660
$3.0M
Cap Rate 7%
$2,157,614
$2.2M
Cap Rate 9%
$1,678,144
$1.7M
Market Conditions
NOI Build-Up for 26,156 SF
Gross rent
$236.5K $9.04/SF
− Vacancy
−$20.7K −$0.79/SF
EGI
$215.8K $8.25/SF
− OpEx
−$64.7K −$2.47/SF
NOI
$151.0K $5.77/SF
Area
Atlanta, GA
Vacancy
8.75%
Lease Rate
$9.04 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,020,660
Cap Rate 7%
$2,157,614
Cap Rate 9%
$1,678,144
Alternative Uses
Best Use
Industrial
$2.16M
$1.89M – $2.52M
NOI $151,033 @ 7.0% cap · market cap 4.20%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$7.31M
$6.40M – $8.53M
NOI $511,812 @ 7.0% cap · market cap 14.22%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
300
Businesses Nearby
Explore this area
Business Placement
Demographics for 30310, GA
27,365
Population
14,033
Households
2
Avg Household Size
37
Median Age
34%
College-Educated
88%
High-School Grad
8.6 sq mi
ZIP Area
3,182
Density / Sq Mi
$45,542
Median Household Income
$36,726
Median Earnings
$1,099
Median Rent
$295,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in Atlanta, GA
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Frequently Asked Questions
What type of property is this?
Industrial property - 26,156 SF industrial buildings on 3.6 acres in Atlanta.
Where is this industrial property located?
The property is located at 1820 Murphy Avenue Atlanta, GA.
What is the asking price?
The asking price for this property is $3,600,000.
What are key features of this property?
This property features: 26,156± SF of industrial buildings on 3.6± acres with additional pole barn structures.; Zoned I‑2 (Heavy Industrial) – City of Atlanta, offering flexible usage.; Located in a Federal Opportunity Zone, providing potential tax benefits.
