Flex Space with
2541 Welland Avenue Southeast, Atlanta, GA 30316
For Sale
New
Contact for pricing
A front showroom, rear production bay, and fenced outdoor area support varied commercial operations.
Property Size12,000 SF
Lot Size0.51 Acres
Price / SF$104.17
Days on Market6
Property Features for 2541 Welland Avenue Southeast
General Information
Standard status
Size
Lot size
Property subtype
Zoning
Site & Location
Highway Access
Fenced Yard
Outdoor Storage
Mixed-Use Components
Additional Details
Asking Price
Property Use
Amenities
fenced yard
roll-up door
overhead door
Building Details
Buildings
Building Size
Listing Agency:
HSI Commercial
Listed By:
Jeff Hammond · License #373135
Source:
Crexi
Added: Nov 4
Changed: Nov 8
Last Checked: Nov 8 at 5:43PM
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 HSI Commercial
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Investment Insights
Based on property information with market context.
This approximately 12,000-square-foot flex property occupies 0.51 acres and combines a customer-facing showroom with multiple storage areas and a production bay at the rear. Roll-up and overhead doors provide loading access, and the fenced yard adds outdoor storage space. The exterior has been repainted, and the building has a metal roof.
The property is near I-20 and Gresham Road, with access from Exit 63. Walmart Supercenter and Gresham Plaza are nearby. The site is zoned C-1 (Local Commercial) and falls within the I-20 Overlay District, Tier 1.
The property is near I-20 and Gresham Road, with access from Exit 63. Walmart Supercenter and Gresham Plaza are nearby. The site is zoned C-1 (Local Commercial) and falls within the I-20 Overlay District, Tier 1.
Key Highlights
- Approximately 12,000 SF building on 0.51 acres
- Front showroom, several storage areas, and a rear production bay
- Roll‑up and overhead door access
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$84,140
Cap Rate
6.73%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,682,800
$1.7M
Cap Rate 7%
$1,202,000
$1.2M
Cap Rate 9%
$934,889
$934.9K
Market Conditions
NOI Build-Up for 12,000 SF
Gross rent
$108.5K $9.04/SF
− Vacancy
−$9.5K −$0.79/SF
EGI
$99.0K $8.25/SF
− OpEx
−$14.8K −$1.24/SF
NOI
$84.1K $7.01/SF
Area
Atlanta, GA
Vacancy
8.75%
Lease Rate
$9.04 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,682,800
Cap Rate 7%
$1,202,000
Cap Rate 9%
$934,889
Alternative Uses
Best Use
Retail
$2.00M
$1.75M – $2.33M
NOI $139,860 @ 7.0% cap · market cap 11.19%
Second Best
Flex RnD
$1.70M
$1.49M – $1.99M
NOI $119,246 @ 7.0% cap · market cap 9.54%
Theoretical Best
Office A
$3.35M
$2.94M – $3.91M
NOI $234,812 @ 7.0% cap · market cap 18.78%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
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Current Use
Lease Details
Yes
Fenced yard
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
318
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 30316, GA
33,625
Population
18,095
Households
1.9
Avg Household Size
36
Median Age
55%
College-Educated
92%
High-School Grad
13.0 sq mi
ZIP Area
2,587
Density / Sq Mi
$96,491
Median Household Income
$61,116
Median Earnings
$1,570
Median Rent
$401,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Flex space in Atlanta, GA
Properties on Market for Flex space in Atlanta
Vacancy Rate% for Industrial in Atlanta, GA
Similar Off Market Nearby
- Simply Divine Food — 2184 Leafwood Trail, Decatur, GA 30034
- Thee Walk In LLC — 2201 Brannen Rd SE, Atlanta, GA 30316
Frequently Asked Questions
What type of property is this?
Flex space - A front showroom, rear production bay, and fenced outdoor area support varied commercial operations.
Where is this flex space located?
The property is located at 2541 Welland Avenue Southeast Atlanta, GA.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: Approximately 12,000 SF building on 0.51 acres; Front showroom, several storage areas, and a rear production bay; Roll‑up and overhead door access
