Warehouse Building with Roll-Up
For Sale
$630,000
Pending
621 Loganville Highway, Winder, GA 30680
Commercial Sale, Winder, GA
Property Size5,800 SF
Lot Size2.20 Acres
Days on Market355
Property Features for 621 Loganville Highway
General Information
Property type
Commercial Sale
Property subtype
Other
Parking features
Parking Lot
Lot features
Level
Directions
US-29/University Pkwy to exit 21 for GA-81/Loganville Hwy. Property is 1.2 miles
Standard status
Pending
APN
XX070 008
Size
5,800 SF
Lot size
2.20 Acres
Taxes and HOA fees
Tax Year
2024
Tax Annual Amount
4565
Utilities
Utilities
Water Available
Cooling system
Central Air, Window Unit(s)
Water source
Public
Building Details
Year built
1984
Flooring type
Concrete
Building materials
Aluminum Siding
Roof type
Metal
Listing Agency:
Michael Carr and Associates
(678) 444-4110
Listed By:
Jennifer Fast · License #256629
(678) 822-2264
Added: Oct 16, 2025
Changed: Sep 13
Last Checked: Oct 5 at 1:06AM
MLS# 10630639
Copyright © 2026 Georgia Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This warehouse property includes a 5,800-square-foot building on 2.2 acres, with finished and conditioned areas, warehouse space, storage, and two restrooms. Two roll-up doors support access to the building, which was constructed in 1984 with concrete flooring, a metal roof, and aluminum siding. Cooling includes central air and window units, and the property has a parking lot and public water service.
Located at 621 Loganville Highway in Winder, the property is less than 1.5 miles from 29/316 and less than 3 miles from downtown Winder. The site is zoned C-3. Racking and equipment are negotiable.
Located at 621 Loganville Highway in Winder, the property is less than 1.5 miles from 29/316 and less than 3 miles from downtown Winder. The site is zoned C-3. Racking and equipment are negotiable.
Key Highlights
- 2.2‑acre site with a 5,800‑square‑foot warehouse building
- Two roll‑up doors provide building access
- Finished and conditioned areas plus warehouse and storage space
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$42,577
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.76%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$851,540
$851.5K
Cap Rate 7%
$608,243
$608.2K
Cap Rate 9%
$473,078
$473.1K
Market Conditions
NOI Build-Up for 5,800 SF
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.
Gross rent
$55.0K $9.48/SF
− Vacancy
−$4.9K −$0.84/SF
EGI
$50.1K $8.64/SF
− OpEx
−$7.5K −$1.30/SF
NOI
$42.6K $7.34/SF
Area
Barrow County, GA
Vacancy
8.90%
Lease Rate
$9.48 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$851,540
Cap Rate 7%
$608,243
Cap Rate 9%
$473,078
Alternative Uses
Best Use
Warehouse
$608.2K
$532.2K – $709.6K
NOI $42,577 @ 7.0% cap · market cap 6.76%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.62M
$1.42M – $1.89M
NOI $113,493 @ 7.0% cap · market cap 18.01%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
18
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 30680, GA
46,629
Population
17,680
Households
2.6
Avg Household Size
36
Median Age
21%
College-Educated
87%
High-School Grad
94.9 sq mi
ZIP Area
491
Density / Sq Mi
$77,038
Median Household Income
$41,669
Median Earnings
$1,169
Median Rent
$244,700
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 South region
Questions? Ask Rey
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Similar Off Market Nearby
- CubeSmart Self Storage — 714 Loganville Hwy, Winder, GA 30680
Frequently Asked Questions
What type of property is this?
Warehouse - C-3-zoned property with conditioned areas, restrooms, storage, warehouse space, and on-site parking.
Where is this warehouse located?
The property is located at 621 Loganville Highway Winder, GA.
What is the asking price?
The asking price for this property is $630,000.
What are key features of this property?
This property features: 2.2‑acre site with a 5,800‑square‑foot warehouse building; Two roll‑up doors provide building access; Finished and conditioned areas plus warehouse and storage space
