Royal Atlanta Industrial
For Sale
Contact for pricing
2513 Royal Pl, Tucker, GA 30084
20,580 SF industrial property with income and upside potential.
Property Size20,580 SF
Price / SF$189.50
Days on Market68
Property Features for 2513 Royal Pl
General Information
Standard status
Active
Size
20,580 SF
Property subtype
Industrial, Mixed Use
Listing Agency:
Powell Property Group, Inc.
(404) 913-8283
Listed By:
Adam Bagci · License #GA 366108
Source:
Crexi
Added: May 26
Changed: Jul 10
Last Checked: Jul 31 at 1:51PM
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 Powell Property Group, Inc.
Investment Insights
Based on property information with market context.
This industrial property, located within Royal Atlanta Business Park, offers an investment and owner-user opportunity. The property has a total area of approximately 20,580 square feet, including approximately 11,400 square feet of warehouse space and approximately 4,800 square feet of available office space. Approximately 4,380 square feet is currently leased and generating rental income through January 2029. The building features 16-foot clear heights, three dock-high doors, and one 12-foot by 14-foot drive-in door. It also offers functional truck access and a flexible industrial layout. The property is suitable for warehouse, distribution, contractor, or flex users. The combination of stable income and available space allows investors and owner-users to increase occupancy and enhance long-term value.
Key Highlights
- Existing cash flow from leased warehouse space (±4,380 SF) through January 2029.
- Opportunity to increase occupancy and enhance value with ±4,800 SF of available office space.
- Flexible industrial layout suitable for warehouse, distribution, contractor, or flex users.
Financial Insights For Warehouse
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 | $195.1k | $9.48 |
| − Vacancy | −$17.4k | −$0.84 |
| EGI | $177.7k | $8.64 |
| − OpEx | −$26.7k | −$1.30 |
| NOI | $151.1k | $7.34 |
20,580 SF · lease $9.48/SF/yr · vacancy 8.90% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$2.16M
$1.89M – $2.52M
NOI $151,074 @ 7.0% cap · market cap 3.87%
Second Best
Industrial
$1.79M
$1.57M – $2.09M
NOI $125,370 @ 7.0% cap · market cap 3.21%
Theoretical Best
Office A
$5.75M
$5.03M – $6.71M
NOI $402,703 @ 7.0% cap · market cap 10.33%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
658
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 30084, GA
41,654
Population
15,950
Households
2.6
Avg Household Size
38
Median Age
42%
College-Educated
87%
High-School Grad
14.9 sq mi
ZIP Area
2,796
Density / Sq Mi
$82,747
Median Household Income
$42,528
Median Earnings
$1,617
Median Rent
$332,000
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.
Similar Off Market Nearby
- Chinnis Indian Catering — 116 Staley Dr, Tucker, GA 30084
Frequently Asked Questions
What type of property is this?
Flex space - 20,580 SF industrial property with income and upside potential.
Where is this flex space located?
The property is located at 2513 Royal Pl Tucker, GA.
What is the asking price?
The asking price for this property is $3,900,000.
What are key features of this property?
This property features: Existing cash flow from leased warehouse space (±4,380 SF) through January 2029.; Opportunity to increase occupancy and enhance value with ±4,800 SF of available office space.; Flexible industrial layout suitable for warehouse, distribution, contractor, or flex users.
