Industrial Property Near
For Sale
$5,950,000
511 Stephens Street, Atlanta, GA 30310
Industrial property with office space, drive-in doors, and dock positions.
Property Size36,073 SF
Days on Market316
Property Features for 511 Stephens Street
General Information
Standard status
Active
Size
36,073 SF
Property subtype
Industrial
Building Details
Building Size
36,073 SF
Listing Agency:
King Industrial Realty, Inc.
Listed By:
Brandon Huft · License #178207
(770) 883-8363
Source:
Kingindustrial
Added: Nov 25, 2025
Changed: Sep 11
Last Checked: Oct 5 at 5:12PM
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.
Investment Insights
Based on property information with market context.
This industrial property is located less than one mile from Interstate 20 and just over one mile from Interstate 75. The building includes 5,300 square feet of office space. It features five drive-in doors and six dock positions. The main warehouse area offers a clear height of 17 feet. The property has potential for heavy power usage. It is partially fenced and gated, providing outside storage options. A new roof has been installed. The property is divisible to 7,550 square feet and is walkable to the Beltline. The total property size is 36,073 square feet, situated on 1.68 acres.
Key Highlights
- Excellent Location: Less than 1 mile to I‑20 and just over 1 mile to I‑75, walkable to Beltline.
- New Roof
- 6 Dock Positions and 5 Drive‑In Doors
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$252,931
Cap Rate
4.25%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,058,620
$5.1M
Cap Rate 7%
$3,613,300
$3.6M
Cap Rate 9%
$2,810,344
$2.8M
Market Conditions
NOI Build-Up for 36,073 SF
Gross rent
$326.1K $9.04/SF
− Vacancy
−$28.5K −$0.79/SF
EGI
$297.6K $8.25/SF
− OpEx
−$44.6K −$1.24/SF
NOI
$252.9K $7.01/SF
Area
Atlanta, GA
Vacancy
8.75%
Lease Rate
$9.04 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,058,620
Cap Rate 7%
$3,613,300
Cap Rate 9%
$2,810,344
Alternative Uses
Best Use
Warehouse
$3.61M
$3.16M – $4.22M
NOI $252,931 @ 7.0% cap · market cap 4.25%
Second Best
Industrial
$2.98M
$2.60M – $3.47M
NOI $208,296 @ 7.0% cap · market cap 3.50%
Theoretical Best
Office A
$10.08M
$8.82M – $11.76M
NOI $705,865 @ 7.0% cap · market cap 11.86%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,854
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 30310, GA
27,365
Population
14,033
Households
2
Avg Household Size
37
Median Age
34%
College-Educated
88%
High-School Grad
8.6 sq mi
ZIP Area
3,182
Density / Sq Mi
$45,542
Median Household Income
$36,726
Median Earnings
$1,099
Median Rent
$295,800
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 Atlanta, GA
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Similar Off Market Nearby
- Atlanta Storage — 645 Shelton Ave SW, Atlanta, GA 30310
- Ralph Storage Facility — 448 Ralph David Abernathy Blvd, Atlanta, GA 30312
- CubeSmart Self Storage — 578 Whitehall St SW, Atlanta, GA 30303
Frequently Asked Questions
What type of property is this?
Warehouse - Industrial property 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 I‑20 and just over 1 mile to I‑75, walkable to Beltline.; New Roof; 6 Dock Positions and 5 Drive‑In Doors
