Flex Space with Four-Bay
New
For Sale
$425,000
258 Fayetteville Road Unit REAR, Palmetto, GA 30268
Single-story commercial building with offices, two bathrooms, and an unpaved parking yard.
Property Size1,985 SF
Price / SF$163.21
Days on Market5
Property Features for 258 Fayetteville Road Unit REAR
General Information
Standard status
Active
Size
1,985 SF
Property subtype
Other
Additional Details
Outdoor Storage
Yes
Drive-In Doors
4
Amenities
2.31 acres, Level
Metal
Public Sewer
Annual Amount: $2,484, Year: 2025
Concrete, Vinyl
Cumulative Days on Market: 3, 3 days on market, On Market Date: 2026-09-10
Parking Total: 150, Parking Lot
Built in 1985, Aluminum Siding, Warehouse
County: Fulton
Resale
Electricity Available, High Speed Internet, Phone Available, Sewer Available, Water Available, Public
Close Of Escrow
Building Details
Building Size
1,985 SF
Year Built
1985
Stories
1
Listing Agency:
Seasons Realty
Listed By:
Lucretia Long
(678) 561-6353
Source:
Blackstreaminternational
Added: Sep 10
Changed: Sep 13
Last Checked: Sep 13 at 2:46PM
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 Seasons Realty
Investment Insights
Based on property information with market context.
This single-story flex space was built in 1985 and combines front-office functions with workshop or warehouse utility. The front office includes a bathroom, while a separate private office or lounge area has its own bathroom. Four bay-style garage doors accommodate large vehicle entry and support uses such as material storage, service operations, localized distribution, or small-business assembly.
The property includes an unpaved parking yard with room for driveway access, laydown activity, fleet parking, tow and recovery vehicles, or outdoor equipment storage. Potential applications identified for the building include specialty trade operations, light manufacturing, service bays, and warehouse or workshop use. Commercial (C) or Light Industrial (M-1) classification may be appropriate, subject to buyer due diligence regarding zoning compatibility.
The property includes an unpaved parking yard with room for driveway access, laydown activity, fleet parking, tow and recovery vehicles, or outdoor equipment storage. Potential applications identified for the building include specialty trade operations, light manufacturing, service bays, and warehouse or workshop use. Commercial (C) or Light Industrial (M-1) classification may be appropriate, subject to buyer due diligence regarding zoning compatibility.
Key Highlights
- Four bay‑style garage doors for large vehicle entry
- Front office with bathroom plus separate private office or lounge with bathroom
- Single‑story building constructed in 1985
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$19,116
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.50%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$382,320
$382.3K
Cap Rate 7%
$273,086
$273.1K
Cap Rate 9%
$212,400
$212.4K
Market Conditions
NOI Build-Up for 2,604 SF
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.
Gross rent
$24.7K $9.48/SF
− Vacancy
−$2.2K −$0.84/SF
EGI
$22.5K $8.64/SF
− OpEx
−$3.4K −$1.30/SF
NOI
$19.1K $7.34/SF
Area
Fulton County, GA
Vacancy
8.90%
Lease Rate
$9.48 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$382,320
Cap Rate 7%
$273,086
Cap Rate 9%
$212,400
Alternative Uses
Best Use
Warehouse
$273.1K
$239.0K – $318.6K
NOI $19,116 @ 7.0% cap · market cap 4.50%
Second Best
Industrial
$226.6K
$198.3K – $264.4K
NOI $15,863 @ 7.0% cap · market cap 3.73%
Theoretical Best
Office A
$727.9K
$636.9K – $849.2K
NOI $50,954 @ 7.0% cap · market cap 11.99%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
4
Drive-in doors
Location Intelligence
Trade Area within ½ mile
143
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 30268, GA
10,560
Population
4,641
Households
2.3
Avg Household Size
40
Median Age
29%
College-Educated
87%
High-School Grad
69.2 sq mi
ZIP Area
153
Density / Sq Mi
$71,792
Median Household Income
$39,430
Median Earnings
$1,224
Median Rent
$252,300
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 South region
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Frequently Asked Questions
What type of property is this?
Flex space - Single-story commercial building with offices, two bathrooms, and an unpaved parking yard.
Where is this flex space located?
The property is located at 258 Fayetteville Road Unit REAR Palmetto, GA.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: Four bay‑style garage doors for large vehicle entry; Front office with bathroom plus separate private office or lounge with bathroom; Single‑story building constructed in 1985
