Norcross Automotive/Flex
For Sale
Contact for pricing
6483 Peachtree Industrial Blvd, Atlanta, GA 30360
Versatile property suitable for automotive, light industrial, or flex uses.
Property Size7,500 SF
Lot Size0.50 Acres
Price / SF$160
Days on Market147
Property Features for 6483 Peachtree Industrial Blvd
General Information
Standard status
Active
Size
7,500 SF
Lot size
0.50 Acres
Property subtype
Retail
Investment Type
Owner/User
Building Details
Year Built
1980
Listing Agency:
Bull Realty
(404) 368-2629
Listed By:
Austin Bull · License #GA 432977
Source:
Crexi
Added: Mar 18
Changed: Aug 8
Last Checked: Aug 10 at 1:55PM
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 Bull Realty
Investment Insights
Based on property information with market context.
This property, situated on approximately 10.5 acres, features a column-free layout and a 9.6 FT clear height. It includes two drive-in doors and 11 marked parking spaces, making it suitable for automotive, light industrial, or flex uses. The building is equipped with five 220V outlets and is zoned C-2 (General Business District), allowing for a broad range of commercial applications. The 7,500 square foot property has operated as an automotive shop for nearly 30 years, presenting an opportunity for an owner-user to acquire a location with an established reputation, or for an investor seeking a proven automotive use. Existing shop infrastructure, including lifts, air compressor, air dryer, and exhaust ventilation, may be available for purchase separately, offering a potential turnkey solution. The property represents a prime opportunity for a business operator, especially one in the automotive industry to take advantage of the previous use. Strategically located along Peachtree Industrial Boulevard in Norcross, the site provides access to I-285 and I-85, enabling connectivity throughout the metro area. This location supports visibility, accessibility, and access to a growing regional customer base, positioning the property for continued success across a variety of commercial uses.
Key Highlights
- Prime location on Peachtree Industrial Blvd with excellent access to I‑285 and I‑85.
- Zoned C‑2 (General Business District) allowing for a broad range of commercial applications.
- Highly functional, column‑free layout with 9.6 FT clear height and two drive‑in doors.**
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
$87,413
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
7.28%
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%
$1,748,260
$1.7M
Cap Rate 7%
$1,248,757
$1.2M
Cap Rate 9%
$971,256
$971.3K
Market Conditions
NOI Build-Up for 7,500 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
$135.0K $18.00/SF
− Vacancy
−$10.1K −$1.35/SF
EGI
$124.9K $16.65/SF
− OpEx
−$37.5K −$5.00/SF
NOI
$87.4K $11.66/SF
Area
Atlanta, GA
Vacancy
7.50%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
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%
$1,748,260
Cap Rate 7%
$1,248,757
Cap Rate 9%
$971,256
Alternative Uses
Best Use
Retail
$1.25M
$1.09M – $1.46M
NOI $87,413 @ 7.0% cap · market cap 7.28%
Second Best
Flex RnD
$1.06M
$931.6K – $1.24M
NOI $74,529 @ 7.0% cap · market cap 6.21%
Theoretical Best
Office A
$2.10M
$1.83M – $2.45M
NOI $146,758 @ 7.0% cap · market cap 12.23%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
520
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 30360, GA
16,612
Population
6,065
Households
2.7
Avg Household Size
34
Median Age
45%
College-Educated
81%
High-School Grad
6.1 sq mi
ZIP Area
2,723
Density / Sq Mi
$83,239
Median Household Income
$41,017
Median Earnings
$1,623
Median Rent
$398,500
Median Home Value
Market
Vacancy Rate% for Industrial in Atlanta, GA
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
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- North Atlanta Dent Repair LLC — 2664 Cedar Pne Wy, Atlanta, GA 30360
- Georgia Tank Lines — 4266 Winters Chapel Rd, Doraville, GA 30360
Frequently Asked Questions
What type of property is this?
Auto shop - Versatile property suitable for automotive, light industrial, or flex uses.
Where is this auto shop located?
The property is located at 6483 Peachtree Industrial Blvd Atlanta, GA.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: Prime location on Peachtree Industrial Blvd with excellent access to I‑285 and I‑85.; Zoned C‑2 (General Business District) allowing for a broad range of commercial applications.; Highly functional, column‑free layout with 9.6 FT clear height and two drive‑in doors.**
