Warehouse with Office and Roll-Up
For Sale
$2,000,000
85 Johnston Cir, Palmetto, GA 30268
Warehouse includes skylights and four 14' roll-up doors, with attached office and attic storage.
Property Size12,500 SF
Price / SF$160
Days on Market92
Property Features for 85 Johnston Cir
General Information
Standard status
Active
Size
12,500 SF
Additional Details
Flexible Term
Yes
Heavy Power
Yes
Building Details
Year Built
1987
Listing Agency:
Chapman Hall Realtors
Listed By:
Paul Amina · License #123097
(770) 912-5565
Source:
Atlantarealestatedirectory
Added: Jul 23
Changed: Oct 6
Last Checked: Oct 7 at 1:12PM
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 Chapman Hall Realtors
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This for-sale warehouse and flex property includes approximately 10,000 SF of warehouse space built on an 8" metal slab, plus 2,500 SF of office space and an additional 2,500 SF of attic storage. The warehouse is equipped with skylights, 33 KW solar panels, and 480-volt service. Improvements include new interior painting and new interior LED lighting.
Access is provided by four 14' roll-up doors. The property also features an office component designed to support on-site operations, along with overhead attic storage for additional capacity.
The asset is presented as suitable for small manufacturing or distribution uses, with flexibility for potential leasing mentioned in the listing materials.
Access is provided by four 14' roll-up doors. The property also features an office component designed to support on-site operations, along with overhead attic storage for additional capacity.
The asset is presented as suitable for small manufacturing or distribution uses, with flexibility for potential leasing mentioned in the listing materials.
Key Highlights
- 10,000 SF warehouse on an 8" metal slab plus 2,500 SF office and 2,500 SF attic storage
- Warehouse features skylights and 4 x 14' roll‑up doors
- 33 KW solar panels and 480‑volt electrical service
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$91,760
Cap Rate
4.59%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,835,200
$1.8M
Cap Rate 7%
$1,310,857
$1.3M
Cap Rate 9%
$1,019,556
$1.0M
Market Conditions
NOI Build-Up for 12,500 SF
Gross rent
$118.5K $9.48/SF
− Vacancy
−$10.5K −$0.84/SF
EGI
$108.0K $8.64/SF
− OpEx
−$16.2K −$1.30/SF
NOI
$91.8K $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%
$1,835,200
Cap Rate 7%
$1,310,857
Cap Rate 9%
$1,019,556
Alternative Uses
Best Use
Warehouse
$1.31M
$1.15M – $1.53M
NOI $91,760 @ 7.0% cap · market cap 4.59%
Second Best
Industrial
$1.09M
$951.9K – $1.27M
NOI $76,148 @ 7.0% cap · market cap 3.81%
Theoretical Best
Office A
$3.49M
$3.06M – $4.08M
NOI $244,596 @ 7.0% cap · market cap 12.23%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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See the owner, sales and loan history
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Current Use
Lease Details
Yes
Heavy power
Location Intelligence
Trade Area within ½ mile
51
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in South region
Frequently Asked Questions
What type of property is this?
Flex space - Warehouse includes skylights and four 14' roll-up doors, with attached office and attic storage.
Where is this flex space located?
The property is located at 85 Johnston Cir Palmetto, GA.
What is the asking price?
The asking price for this property is $2,000,000.
What are key features of this property?
This property features: 10,000 SF warehouse on an 8" metal slab plus 2,500 SF office and 2,500 SF attic storage; Warehouse features skylights and 4 x 14' roll‑up doors; 33 KW solar panels and 480‑volt electrical service
