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Warehouse with High-Clear Bay
For Sale
$595,000

8285 Wilkerson Mill Road #PARCEL A-3, Palmetto, GA 30268

C-1-zoned commercial building with polished concrete flooring and substantial outdoor storage capacity.

Property Size6,000 SF
Price / SF$99.17
Days on Market34

Property Features for 8285 Wilkerson Mill Road #PARCEL A-3

General Information

Standard status Active
Size 6,000 SF
Property subtype Commercial
Zoning C-1

Site & Location

Highway Access Yes
Outdoor Storage Yes

Taxes and HOA fees

Annual Taxes $5,597

Building Details

Building Size 6,000 SF
Year Built 2013
Buildings 1
Listing Agency: REMAX Concierge
Listed By: Dawn Scarbrough · License #163916
Source: Batten-taylor
Added: Oct 2 Changed: Nov 3 Last Checked: Nov 3 at 3:57PM

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 REMAX Concierge

Rey
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Investment Insights

Based on property information with market context.

This 6,000-square-foot warehouse was built in 2013 and sits on a 3+ acre parcel. Its footprint is approximately 60' x 100', with polished concrete floors and suspended ceilings across most of the building. One large bay has 25' ceilings and an overhead door, while the site also provides outdoor storage space.

The property is in Palmetto, just off Hwy 29/Roosevelt Hwy, on a wooded lot set back from view. It is zoned C-1 Neighborhood Commercial within the City of Palmetto.

Key Highlights

  • 6,000‑square‑foot building on a 3+ acre parcel
  • Approximately 60' x 100' building footprint
  • Large bay with 25' ceilings and an overhead door

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$44,045
Cap Rate
7.40%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$880,900 $880.9K
Cap Rate 7%
$629,214 $629.2K
Cap Rate 9%
$489,389 $489.4K
Market Conditions
NOI Build-Up for 6,000 SF
Gross rent
$56.9K $9.48/SF
− Vacancy
−$5.1K −$0.84/SF
EGI
$51.8K $8.64/SF
− OpEx
−$7.8K −$1.30/SF
NOI
$44.0K $7.34/SF
Area
Fulton 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 Rate 5%
$880,900
Cap Rate 7%
$629,214
Cap Rate 9%
$489,389

Alternative Uses

Best Use
Warehouse
$629.2K
$550.6K – $734.1K (±1% cap)
NOI $44,045 @ 7.0% cap · market cap 7.40%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.68M
$1.47M – $1.96M (±1% cap)
NOI $117,406 @ 7.0% cap · market cap 19.73%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Warehouses

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

6
Businesses Nearby
Well-served
Demand for This Use

Demographics for 30268, GA

10,560
Population
4,641
Households
2.3
Avg Household Size
40
Median Age
29%
College-Educated
87%
High-School Grad
69.2 sq mi
ZIP Area
153
Density / Sq Mi
$71,792
Median Household Income
$39,430
Median Earnings
$1,224
Median Rent
$252,300
Median Home Value

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025

Frequently Asked Questions

What type of property is this?
Warehouse - C-1-zoned commercial building with polished concrete flooring and substantial outdoor storage capacity.
Where is this warehouse located?
The property is located at 8285 Wilkerson Mill Road #PARCEL A-3 Palmetto, GA.
What is the asking price?
The asking price for this property is $595,000.
What are key features of this property?
This property features: 6,000‑square‑foot building on a 3+ acre parcel; Approximately 60' x 100' building footprint; Large bay with 25' ceilings and an overhead door
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