Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    511 Stephens Street Atlanta, GA 30310

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $5,950,000

    Warehouse with office space, drive-in doors, and dock positions.

    Type:Industrial
    Lot size:
    1.68 Acres
    Added:
    Mar 5, 2026
    Days on Market:
    29
    Last Refresh:
    Apr 1 at 9:04 pm

    Property Features for 511 Stephens Street

    General Information

    Standard status
    Active
    Lot size
    1.68 Acres
    Property subtype
    Industrial

    We can help!

    Listing Contact
    Brandon Huft
    Brandon Huft

    Listing agent Brandon Huft

    Listing office King Industrial Realty, Inc.

    Listing date Mar 5, 2026

    Source Kingindustrial

    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 King Industrial Realty, Inc.

    Overview

    Atlanta Warehouse with Development Potential

    This commercial property, suitable for warehouse and industrial use, is situated less than 1 mile from Interstate 20 and just over 1 mile from Interstate 75. The property includes a building with 5,300 square feet of office space. The warehouse component features 5 drive-in doors, 6 dock positions, and a 17-foot clear height in the main warehouse area. The property has potential for heavy power usage. It is partially fenced and gated, offering outside storage capabilities. A new roof has been installed. The building is divisible to 7,550 square feet. The total area of the property is 1.68 acres. The location is walkable to the Beltline.
    Location Intelligence

    Current Use by Public Records

    Roadside Atlanta Mobile ... Auto Repair Shop

    Suggested Use

    Real Estate Agency Restaurant Law Firm Building Supply Dental Office Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Pharmacy

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

    Similar Places Nearby

    • Ralph Storage Facility — 448 Ralph David Abernathy Blvd, Atlanta, GA 30312
    • Atlanta Storage — 645 Shelton Ave SW, Atlanta, GA 30310
    • CubeSmart Self Storage — 578 Whitehall St SW, Atlanta, GA 30303

    Location Insight

    • Map
    • Local Demand
    City
    Atlanta
    County
    Cobb
    State
    Georgia
    Longitude
    -84.4045
    Latitude
    33.7349

    Nearby Similar for Sale

    • $799,000
      4,525 SF

      Church Building in Strategic Location

      Church building and property for sale in Atlanta, Georgia.
      2957 Glenwood Avenue SE, Atlanta, GA 30317
      View Details
    • $598,000
      2,742 SF

      Craftsman Farmhouse in Hampton Preserve

      Stunning Craftsman Farmhouse in Atlanta's Hampton Preserve neighborhood.
      2430 Rose Mill Court SW, Atlanta, GA 30311
      View Details
    • $600,000
      4,829 SF

      Free-Standing Retail Building in Atlanta

      4829 SF retail building on 0.314 acres, prime location.
      638 Dill Avenue SW, Atlanta, GA 30310
      View Details
    • $1,400,000
      6,048 SF

      Multi-Tenant Office Investment Opportunity

      Two Atlanta office buildings, 90% occupied, high-yield investment.
      2692 Harris Street, Atlanta, GA 30344
      View Details
    • $650,000
      600 SF

      Prime Atlanta Redevelopment Opportunity

      High-visibility mixed-use redevelopment site near downtown Atlanta.
      226 Northside Drive SW, Atlanta, GA 30313
      View Details
    • $1,000,000
      1,822 SF

      Peachtree Street Retail Condo

      Retail condo zoned C-3, ideal for various retail uses.
      32 Peachtree Street NW unit: Cu2, Atlanta, GA 30303
      View Details
    • $1,000,000
      1,822 SF

      Peachtree Street Retail Condo

      Retail condo in high-traffic area near Woodruff Park.
      32 Peachtree Street NW unit: Cu2, Atlanta, GA 30303
      View Details
    • $650,000
      600 SF

      Prime Atlanta Redevelopment Opportunity

      Redevelopment site in the heart of Atlanta's momentum.
      226 Northside Drive SW, Atlanta, GA 30313
      View Details
    • $870,000
      3,464 SF

      Corner Redevelopment Opportunity in Atlanta

      Prime corner lot with redevelopment potential in Atlanta, Georgia.
      2410 Metropolitan Parkway SW, Atlanta, GA 30315
      View Details
    • $2,200,000
      4,250 SF

      Turnkey Restaurant and Bar Opportunity

      Fully equipped restaurant and bar in Atlanta's growing district.
      281 Peters Street SW, Atlanta, GA 30313
      View Details
    • $300,000
      1,198 SF

      Professional Office Condo in Atlanta

      Well-appointed office suite ideal for various professional services.
      950 Dannon View SW unit: 4201, Atlanta, GA 30331
      View Details
    • $300,000
      1,198 SF

      Professional Office Condo in Atlanta

      Well-appointed office suite ideal for various professional uses.
      950 Dannon View SW unit: 4201, Atlanta, GA 30331
      View Details

    FAQs

    What type of property is this?
    Warehouse - Warehouse with office space, drive-in doors, and dock positions.
    Where is this warehouse located?
    The property is located at 511 Stephens Street Atlanta, GA.
    What is the asking price?
    The asking price for this property is $5,950,000.
    What are key features of this property?
    This property features: Excellent Location: Less than 1 mile to Interstate 20 and just over 1 mile to Interstate 75.; Sizeable Acreage: 1.68 Acres total.; Functional Warehouse Space: Benefit from 5 Drive‑In Doors, 6 Dock Positions, and 17' Clear Height in Main Warehouse.
    (404) 942-2009
    We can help!
    Listing Contact
    Brandon Huft
    Brandon Huft
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!