Luxury Garage Condos For
5745 Stables Wy Unit A05, Alpharetta, GA 30004
For Sale
Contact for pricing
Premium, customizable car condos with secure storage and private lounge.
Property Size1,000 SF
Price / SF$405
Days on Market880
Property Features for 5745 Stables Wy Unit A05
General Information
Standard status
Size
Property subtype
Lease Type
Listing Agency:
Personal Warehouse & Red Commercial
Listed By:
Steve Garrison
Source:
Crexi
Added: Jun 15, 2024
Changed: Nov 6
Last Checked: Nov 10 at 6:38AM
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 Personal Warehouse & Red Commercial
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
These garage condos, also known as car condos and man caves, provide a luxurious option for car enthusiasts, collectors, and individuals seeking premium storage for their vehicles. These units combine secure vehicle storage with the comfort of a private lounge suitable for relaxation or entertainment. The flexible designs can be adapted to match practical and aesthetic needs. Climate control, power, and advanced security features are included. The property size is 1000 square feet.
Key Highlights
- Secure vehicle storage with climate control
- Customizable design to match practical and aesthetic needs
- Private lounge area for relaxation or entertainment
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$12,835
Cap Rate
3.17%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$256,700
$256.7K
Cap Rate 7%
$183,357
$183.4K
Cap Rate 9%
$142,611
$142.6K
Market Conditions
NOI Build-Up for 1,000 SF
Gross rent
$19.2K $19.20/SF
− Vacancy
−$864 −$0.86/SF
EGI
$18.3K $18.34/SF
− OpEx
−$5.5K −$5.50/SF
NOI
$12.8K $12.84/SF
Area
Fulton County, GA
Vacancy
4.50%
Lease Rate
$19.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$256,700
Cap Rate 7%
$183,357
Cap Rate 9%
$142,611
Alternative Uses
Best Use
Retail
$183.4K
$160.4K – $213.9K
NOI $12,835 @ 7.0% cap · market cap 3.17%
Second Best
Industrial
$78.9K
$69.1K – $92.1K
NOI $5,526 @ 7.0% cap · market cap 1.36%
Theoretical Best
Office A
$279.5K
$244.6K – $326.1K
NOI $19,568 @ 7.0% cap · market cap 4.83%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
64
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 30004, GA
68,607
Population
25,485
Households
2.7
Avg Household Size
37
Median Age
72%
College-Educated
95%
High-School Grad
57.9 sq mi
ZIP Area
1,185
Density / Sq Mi
$147,996
Median Household Income
$82,818
Median Earnings
$1,839
Median Rent
$583,700
Median Home Value
Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Parking lot & garage - Premium, customizable car condos with secure storage and private lounge.
Where is this parking lot & garage located?
The property is located at 5745 Stables Wy Unit A05 Alpharetta, GA.
What is the asking price?
The asking price for this property is $405,000.
What are key features of this property?
This property features: Secure vehicle storage with climate control; Customizable design to match practical and aesthetic needs; Private lounge area for relaxation or entertainment
