Luxury Garage Condos For
5765 Stables Wy Unit C03 Alpharetta, GA 30004
5765 Stables Wy Unit C03, Alpharetta, GA, 30004
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For Sale
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Upscale, customizable garage condos for car enthusiasts and collectors.
Property Size1,150 SF
Price / SF$405
Days on Market767
Property Features for 5765 Stables Wy Unit C03
General Information
- Standard status
- Active
- Size
- 1,150 SF
- Property subtype
- Industrial
Listing agency
Personal Warehouse & Red Commercial
Listed by
Steve Garrison · License #CO
Source
Crexi
Added: Jun 15, 2024 Updated: Jul 6 at 7:38AM Checked: Jul 19 at 8:57AM
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
Investment Insights
Based on property information with market context.
These garage condos offer a solution for car enthusiasts, collectors, and those seeking a premium space for their vehicles. These car condos combine the benefits of secure vehicle storage with the comforts of a private lounge. With flexible designs to match practical and aesthetic needs, climate control, power and advanced security features, these garage condos cater to a growing demand for upscale, fully customizable spaces. The property has a size of 1150 square feet.
Key Highlights
- Secure, climate‑controlled storage for prized vehicles.
- Customizable design to match practical and aesthetic needs.
- Private lounge area for relaxation and entertainment.
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $22.1k | $19.20 |
| − Vacancy | −$994 | −$0.86 |
| EGI | $21.1k | $18.34 |
| − OpEx | −$6.3k | −$5.50 |
| NOI | $14.8k | $12.84 |
1,150 SF · lease $19.20/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$210.9K
$184.5K – $246.0K
NOI $14,760 @ 7.0% cap · market cap 3.17%
Second Best
Warehouse
$120.6K
$105.5K – $140.7K
NOI $8,442 @ 7.0% cap · market cap 1.81%
Theoretical Best
Office A
$321.5K
$281.3K – $375.1K
NOI $22,503 @ 7.0% cap · market cap 4.83%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Parking lots & garages
Similar For Sale Nearby
FAQs
What type of property is this?
Warehouse - Upscale, customizable garage condos for car enthusiasts and collectors.
Where is this warehouse located?
The property is located at 5765 Stables Wy Unit C03 Alpharetta, GA.
What is the asking price?
The asking price for this property is $465,750.
What are key features of this property?
This property features: Secure, climate‑controlled storage for prized vehicles.; Customizable design to match practical and aesthetic needs.; Private lounge area for relaxation and entertainment.
