Standalone Warehouse
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For Sale
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4505 Atlanta Street, Powder Springs, GA 30127
Freestanding commercial space with flexible retail, office, dining, personal service, financial, and medical use potential.
Property Size5,790 SF
Price / SF$151.99
Days on Market5
Property Features for 4505 Atlanta Street
General Information
Standard status
Active
Size
5,790 SF
Property subtype
Retail, Office
Zoning
Central Business District
Warehouse & Industrial
Clear Height
18 ft
Warehouse Space
5,790 SF
Building Details
Buildings
1
Building Size
5,790 SF
Listing Agency:
Piedmont Real Estate Group Inc
Listed By:
Elise Norman · License #GA
Source:
Crexi
Added: Sep 9
Changed: Sep 12
Last Checked: Sep 13 at 6:49AM
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 Piedmont Real Estate Group Inc
Investment Insights
Based on property information with market context.
This freestanding warehouse building contains 5,790 square feet with an 18-foot clear ceiling height. The property is positioned within the Central Business District of Powder Springs at 4505 Atlanta Street, providing a commercial setting for a range of approved business activities.
Uses identified as permitted without special city council authorization include retail sales and merchandising, office, dining, personal service businesses, financial services, and medical operations. The building’s open warehouse format and ceiling clearance may support varied commercial layouts, subject to applicable requirements.
Uses identified as permitted without special city council authorization include retail sales and merchandising, office, dining, personal service businesses, financial services, and medical operations. The building’s open warehouse format and ceiling clearance may support varied commercial layouts, subject to applicable requirements.
Key Highlights
- 5,790‑square‑foot warehouse building
- 18‑foot clear ceiling height
- Freestanding building configuration
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
$42,503
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
4.83%
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%
$850,060
$850.1K
Cap Rate 7%
$607,186
$607.2K
Cap Rate 9%
$472,256
$472.3K
Market Conditions
NOI Build-Up for 5,790 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
$54.9K $9.48/SF
− Vacancy
−$4.9K −$0.84/SF
EGI
$50.0K $8.64/SF
− OpEx
−$7.5K −$1.30/SF
NOI
$42.5K $7.34/SF
Area
Cobb 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%
$850,060
Cap Rate 7%
$607,186
Cap Rate 9%
$472,256
Alternative Uses
Best Use
Retail
$1.16M
$1.02M – $1.36M
NOI $81,439 @ 7.0% cap · market cap 9.25%
Second Best
Warehouse
$607.2K
$531.3K – $708.4K
NOI $42,503 @ 7.0% cap · market cap 4.83%
Theoretical Best
Office A
$1.63M
$1.42M – $1.90M
NOI $113,808 @ 7.0% cap · market cap 12.93%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
18 ft
Clear height
Location Intelligence
Trade Area within ½ mile
517
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 30127, GA
68,574
Population
25,289
Households
2.7
Avg Household Size
40
Median Age
40%
College-Educated
92%
High-School Grad
51.3 sq mi
ZIP Area
1,337
Density / Sq Mi
$104,997
Median Household Income
$48,049
Median Earnings
$1,800
Median Rent
$322,800
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 South region
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Frequently Asked Questions
What type of property is this?
Warehouse - Freestanding commercial space with flexible retail, office, dining, personal service, financial, and medical use potential.
Where is this warehouse located?
The property is located at 4505 Atlanta Street Powder Springs, GA.
What is the asking price?
The asking price for this property is $880,000.
What are key features of this property?
This property features: 5,790‑square‑foot warehouse building; 18‑foot clear ceiling height; Freestanding building configuration
