Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Office Warehouse Building For Rent Title is generated by Realmo AI

    5055-5061 Kennedy Road, Forest Park, GA 30297

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Multi-tenant office warehouse building near I-75 and airport.

    Type:Industrial
    Added:
    Mar 5, 2026
    Days on Market:
    72
    Last Refresh:
    Apr 6 at 1:23 am

    Property Features for 5055-5061 Kennedy Road

    General Information

    Standard status
    Active
    Property subtype
    Industrial

    Building Details

    Year Built
    1966

    We can help!

    Listing Contact
    Matt Sirockman

    Listing agent Matt Sirockman

    Listing office

    Listing date Mar 5, 2026

    Source Whnre

    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 Matt Sirockman

    HighLights

    • Conveniently located ±0.5 miles to I‑75.
    • Less than 3 miles to Hartsfield‑Jackson International Airport.
    • Multi‑tenant office warehouse building.
    • Year Built: 1966

    Overview

    This multi-tenant office warehouse building is located approximately 0.5 miles from I-75 and less than 3 miles from Hartsfield-Jackson International Airport.
    Location Intelligence

    Current Use by Public Records

    Office Units

    Suggested Use

    Restaurant Law Firm Spa & Massage Center Dental Office Building Supply Hair Salon Nail Salon Gym & Fitness Center Pharmacy Hotel & Motel

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

    Similar Places Nearby

    • Forest Park Self Storage — 5160 Old Dixie Hwy, Forest Park, GA 30297
    • Cold Storage Atlanta — 16 Forest Pkwy Building A, Forest Park, GA 30297
    • Hong Seng Trading — 301 Cash Memorial Blvd, Forest Park, GA 30297
    • Darrick Self Storage Units — 472 Cir 85 St, Atlanta, GA 30349
    • Lineage — 518 Forest Pkwy, College Park, GA 30349

    Location Insight

    • Map
    • Local Demand
    City
    Forest Park
    County
    Clayton
    State
    Georgia
    Longitude
    -84.3922
    Latitude
    33.6166

    Nearby Similar for Lease

    • $1,350/Mo

      Versatile Retail Storefront in Forest Park

      Retail space suitable for various customer-facing businesses.
      4035 Jonesboro RD 282, Forest Park, GA 30297
      View Details
    • $7,534/Mo

      Prime Commercial Building on Parkway

      High-traffic location with roll-up door and ample parking.
      713 Forest Parkway, Forest Park, GA 30297
      View Details
    • $1,350/Mo

      Versatile Retail Storefront in Forest Park

      Retail storefront in a bustling plaza, suitable for various businesses.
      4035 Jonesboro Road 282, Forest Park, GA 30297
      View Details
    • $1,350/Mo
      40,000 SF

      Versatile Retail Storefront in Forest Park

      Retail space in a vibrant shopping center near major highways.
      4035 Jonesboro Road, Forest Park, GA 30297
      View Details
    • $1,350/Mo

      Versatile Retail Storefront in Forest Park

      Retail space in a vibrant shopping center near major highways.
      4035 Jonesboro Road, Forest Park, GA 30297
      View Details
    • $1,225/Mo

      Commercial Building in Forest Park

      Commercial building with flexible layout in a convenient location.
      5279 Springdale Road, Forest Park, GA 30297
      View Details
    • Contact for pricing
      2,000 SF

      Industrial Building with Outside Storage

      2,000 SF industrial building on 2.20 acres for lease.
      87 Royal Dr, Forest Park, GA 30297
      View Details
    • $1,350/Mo
      5,000 SF

      Retail Storefront in Global Plaza

      Versatile retail space in a high-traffic shopping center.
      4035 Jonesboro Rd Ste 282, Forest Park, GA, 30297-1092
      View Details
    • Contact for pricing

      Industrial Building with Fenced Parking

      Multi-tenant industrial building with I-75 visibility and fenced parking.
      5442 Frontage Road, Forest Park, GA 30297
      View Details
    • Contact for pricing
      62,500 SF

      Warehouse Near Atlanta Airport

      Warehouse space available near major transportation routes and airport.
      1500 Southpoint Drive, Forest Park, GA, 30297
      View Details
    • Contact for pricing
      6,323 SF

      Warehouse with Outside Storage Available

      6,200 SF warehouse with outside storage near airport.
      5755 Old Dixie Hwy, Forest Park, GA
      View Details
    • $8 SF/Yr
      164,140 SF

      Industrial Space For Sublease

      20,760 SF industrial space available for sublease in 60 days.
      5324 Georgia 85, Forest Park, GA 30297
      View Details

    FAQs

    What type of property is this?
    Warehouse - Multi-tenant office warehouse building near I-75 and airport.
    Where is this warehouse located?
    The property is located at 5055-5061 Kennedy Road Forest Park, GA.
    What are key features of this property?
    This property features: Conveniently located ±0.5 miles to I‑75.; Less than 3 miles to Hartsfield‑Jackson International Airport.; Multi‑tenant office warehouse building.
    (404) 350-2576
    We can help!
    Listing Contact
    Matt Sirockman
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    5055-5061 Kennedy Road, Forest Park, GA 30297
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!