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Development-Ready Commercial Land Site

3915 Gilbert Rd Se Atlanta, GA 30354

3915 Gilbert Rd Se, Atlanta, GA, 30354
$1,500,000
Pending
For Sale
$1,500,000
Pending

For-sale commercial land with a flex/industrial building on a 3.316-acre lot in the airport area.

Property Size5,724 SF
Lot Size3.32 Acres
Days on Market352

Property Features for 3915 Gilbert Rd Se

General Information

Standard status
Pending
Size
5,724 SF
Lot size
3.32 Acres
Listing agency Sanders Real Estate
Listed by Francis Doffou · License #424868
Source Exprealty
Added: Aug 5, 2025 Updated: Jul 22 at 12:31PM Checked: Jul 22 at 12:31PM

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 Sanders Real Estate


Investment Insights

Based on property information with market context.

This for-sale commercial land offering includes an existing flex/industrial building seated on a 3.316-acre lot. The property is described as having room to develop, including the option to add additional structures, and it is presented as a site with lot potential.

Located at 3915 Gilbert Rd SE in Atlanta, Georgia, the property is noted as being very well nestled in the airport area with easy access. The public remarks also reference a preferred closing attorney, Heritage Closing Firm (Stockbridge Office).

Key Highlights

  • Commercial flex/industrial building on a 3.316‑acre lot
  • Property located in the airport area
  • Easy access

Local Financial Insights For Flex RnD

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 $96.2k $16.80
− Vacancy −$8.7k −$1.51
EGI $87.5k $15.29
− OpEx −$30.6k −$5.35
NOI $56.9k $9.94
5,724 SF · lease $16.80/SF/yr · vacancy 9.00% · expense 35.00%

Alternative Uses

Best Use
Flex RnD
$812.6K
$711.0K – $948.0K (±1% cap)
NOI $56,881 @ 7.0% cap · market cap 3.79%
Second Best
Industrial
$472.2K
$413.2K – $550.9K (±1% cap)
NOI $33,052 @ 7.0% cap · market cap 2.20%
Theoretical Best
Office A
$1.60M
$1.40M – $1.87M (±1% cap)
NOI $112,005 @ 7.0% cap · market cap 7.47%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

UAW Advocacy Group

Suggested Use

Dental Office Pharmacy Spa & Massage Center Nail Salon Furniture & Home Goods Grocery & Convenience Store HVAC Service (Bike/Boat/Book/etc) Store Bakery Electrical Service

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Commercial land - For-sale commercial land with a flex/industrial building on a 3.316-acre lot in the airport area.
Where is this commercial land located?
The property is located at 3915 Gilbert Rd Se Atlanta, GA.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: Commercial flex/industrial building on a 3.316‑acre lot; Property located in the airport area; Easy access
Contact an agent
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