Flex Space with Airport
For Sale
$1,700,000
Pending
3915 SE Gilbert Road, Atlanta, GA 30354
Commercial building offers warehouse, storage, and office use with convenient freeway and airport access.
Property Size1,980 SF
Lot Size3.32 Acres
Days on Market96
Property Features for 3915 SE Gilbert Road
General Information
Standard status
Pending
Size
1,980 SF
Lot size
3.32 Acres
Property subtype
Commercial
Additional Details
Highway Access
Yes
Amenities
3.316 acres, Industrial Park, Level, Near Public Transit, Rail
Metal
Public Sewer
Parcel Number: 13013B A002, Annual Amount: $4,235.76, Year: 2025
Concrete
Central Air
Central
Listing ID: 10813917, Standard Status: Pending, MLS Status: Under Contract, On market as of 2026-07-28, Off market as of 2026-09-04, 38 days on market, Special Conditions: As Is
Parking Lot
Built in 1980
County/Parish: Clayton
Resale
Electricity Available, Natural Gas Available, Sewer Available, Water Available, Water Source: Public
Close Of Escrow
Building Details
Building Size
1,980 SF
Year Built
1980
Listing Agency:
Sanders Real Estate
(678) 888-3438
Listed By:
Francis Doffou · License #424868
(678) 334-4694
Source:
Blackstreaminternational
Added: Jul 28
Changed: Oct 29
Last Checked: Oct 30 at 4:50PM
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
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 6,484-square-foot flex space is situated on a 3.316-acre lot and was built in 1980. The property can accommodate warehouse, storage unit, and office uses, providing a flexible commercial configuration for a range of operations. The lot also offers room for additional structures.
Located at 3915 SE Gilbert Road in Atlanta, the property is positioned in the airport area with access to the freeway and airport. Its combination of existing commercial improvements, adaptable use potential, and substantial land area supports multiple occupancy and operational configurations.
Located at 3915 SE Gilbert Road in Atlanta, the property is positioned in the airport area with access to the freeway and airport. Its combination of existing commercial improvements, adaptable use potential, and substantial land area supports multiple occupancy and operational configurations.
Key Highlights
- 6,484‑square‑foot flex space
- 3.316‑acre lot
- Warehouse, storage unit, and office use potential
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$64,433
Cap Rate
3.79%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,288,660
$1.3M
Cap Rate 7%
$920,471
$920.5K
Cap Rate 9%
$715,922
$715.9K
Market Conditions
NOI Build-Up for 6,484 SF
Gross rent
$108.9K $16.80/SF
− Vacancy
−$9.8K −$1.51/SF
EGI
$99.1K $15.29/SF
− OpEx
−$34.7K −$5.35/SF
NOI
$64.4K $9.94/SF
Area
Atlanta, GA
Vacancy
9.00%
Lease Rate
$16.80 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,288,660
Cap Rate 7%
$920,471
Cap Rate 9%
$715,922
Alternative Uses
Best Use
Flex RnD
$920.5K
$805.4K – $1.07M
NOI $64,433 @ 7.0% cap · market cap 3.79%
Second Best
Warehouse
$649.5K
$568.3K – $757.7K
NOI $45,464 @ 7.0% cap · market cap 2.67%
Theoretical Best
Office A
$1.81M
$1.59M – $2.11M
NOI $126,877 @ 7.0% cap · market cap 7.46%
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
Open Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
148
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 30354, GA
16,151
Population
7,274
Households
2.2
Avg Household Size
34
Median Age
24%
College-Educated
84%
High-School Grad
10.7 sq mi
ZIP Area
1,509
Density / Sq Mi
$53,932
Median Household Income
$38,185
Median Earnings
$1,221
Median Rent
$229,600
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in Atlanta, GA
Similar Off Market Nearby
- Chef Ashley Inc — Atlanta, GA 30354
Frequently Asked Questions
What type of property is this?
Flex space - Commercial building offers warehouse, storage, and office use with convenient freeway and airport access.
Where is this flex space located?
The property is located at 3915 SE Gilbert Road Atlanta, GA.
What is the asking price?
The asking price for this property is $1,700,000.
What are key features of this property?
This property features: 6,484‑square‑foot flex space; 3.316‑acre lot; Warehouse, storage unit, and office use potential
