Flex Warehouse with Drive-In
248 Old Atlanta Rd Stockbridge, GA 30281
For Sale
Contact for pricing
Flex warehouse offering updated office space, multiple oversized drive-in doors, and a newly paved, secured yard.
Property Size4,480 SF
Price / SF$345.98
Days on Market196
Property Features for 248 Old Atlanta Rd
General Information
- Standard status
- Active
- Size
- 4,480 SF
- Property subtype
- INDUSTRIAL
Properties For Sale
at 248 Old Atlanta Rd Contact us
Listing Agency:
King Industrial Realty, Inc.
(210) 394-9943
Listed By:
Tommy Barrow · License #173527
(210) 394-9943
Source:
Moodyscre
Added: Jan 9
Changed: Jul 23
Last Checked: Jul 23 at 8:57AM
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.
Investment Insights
Based on property information with market context.
This flex warehouse includes updated office area and an updated warehouse area with improved lighting. The property is equipped with one 9' x 10' drive-in door and six 12' x 14' oversized drive-in doors, supporting a range of practical loading and operations. Outside, the yard has been newly paved and graveled and is secured with a fence and gate.
The site is zoned C-3 by the City of Stockbridge. Public remarks note 1± miles to an I-675 exit and 2± miles to I-75 Exit 228. Examples of approved uses listed include recreational vehicle/boat sales and service, auto leasing/sales and repair shops, tire shop, construction and landscape, building materials store, brewpub, growler, brewery, plumbing, HVAC equipment, and outside storage.
Overall, the combination of office space, multiple drive-in doors, and secured outdoor storage is designed to support light industrial and service-oriented operations within the stated C-3 framework.
The site is zoned C-3 by the City of Stockbridge. Public remarks note 1± miles to an I-675 exit and 2± miles to I-75 Exit 228. Examples of approved uses listed include recreational vehicle/boat sales and service, auto leasing/sales and repair shops, tire shop, construction and landscape, building materials store, brewpub, growler, brewery, plumbing, HVAC equipment, and outside storage.
Overall, the combination of office space, multiple drive-in doors, and secured outdoor storage is designed to support light industrial and service-oriented operations within the stated C-3 framework.
Key Highlights
- Updated office area with updated warehouse and lighting
- (1) 9' x 10' drive‑in door plus (6) 12' x 14' oversized drive‑in doors
- Newly paved and graveled yard with secure fence and gate
Financial Insights For Office B
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 | $106.9k | $23.87 |
| − Vacancy | −$26.9k | −$6.02 |
| EGI | $80.0k | $17.85 |
| − OpEx | −$20.0k | −$4.46 |
| NOI | $60.0k | $13.39 |
4,480 SF · lease $23.87/SF/yr · vacancy 25.20% · expense 25.00%
Alternative Uses
Best Use
Office B
$857.0K
$749.9K – $999.9K
NOI $59,992 @ 7.0% cap · market cap 3.87%
Second Best
Warehouse
$469.8K
$411.1K – $548.1K
NOI $32,887 @ 7.0% cap · market cap 2.12%
Theoretical Best
Office A
$1.25M
$1.10M – $1.46M
NOI $87,663 @ 7.0% cap · market cap 5.66%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Jerry's Body Shop
Auto Repair Shop
Similar Off Market Nearby
- Fat daddi grillin shack — 1511 Eastwood Village Dr, Stockbridge, GA 30281
- JaizhunsGrill — mount zion rd, stockbridge, ga 30281
- Everything Jerk — 217 Northbridge Dr, Stockbridge, GA 30281
- Woods Event Services LLC — 3863 Hwy 138 SE Unit 178, Stockbridge, GA 30281
- Tasteful Events — 5061 N Henry Blvd, Stockbridge, GA 30281
FAQs
What type of property is this?
Flex space - Flex warehouse offering updated office space, multiple oversized drive-in doors, and a newly paved, secured yard.
Where is this flex space located?
The property is located at 248 Old Atlanta Rd Stockbridge, GA.
What is the asking price?
The asking price for this property is $1,550,000.
What are key features of this property?
This property features: Updated office area with updated warehouse and lighting; (1) 9' x 10' drive‑in door plus (6) 12' x 14' oversized drive‑in doors; Newly paved and graveled yard with secure fence and gate
