Seven-Unit Flex
853 S Peachtree Street 107, Norcross, GA 30071
For Sale
$3,300,000
Multi-unit configuration pairs brick construction with rear loading access for flexible commercial and industrial occupancy.
Property Size15,500 SF
Lot Size2.37 Acres
Price / SF$212.90
Days on Market9
Property Features for 853 S Peachtree Street 107
General Information
Standard status
Size
Lot size
Zoning
Additional Details
Highway Access
Clear Height
Property Use
Taxes and HOA fees
Annual Taxes
Amenities
Other
Display Window(s)
High Ceilings 10 or Greater,Reception Area,Restrooms,Other
Industrial Park
41
x
2.37
Parking Lot
Paved
Slab
City Street
15500
1
Building Details
Building Size
Year Built
Construction
Listing Agency:
Berkshire Hathaway HomeServices Georgia Properties - PHONE
(770) 928-4966
Listed By:
Jennifer Dilbeck-Guffin
Source:
Atlantasoldsisters
Added: Oct 30
Last Checked: Nov 7 at 6:21AM
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 Berkshire Hathaway HomeServices Georgia Properties - PHONE
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Investment Insights
Based on property information with market context.
Built in 2004, this 15,500-square-foot flex warehouse contains seven individual units on a 2.37-acre site. The building has four-sided brick construction, 20-foot clear ceiling heights and rear roll-up doors. Interior features include a reception area, restrooms and display windows, with paved parking on site.
Located in an industrial park at 853 S Peachtree Street in Norcross, the property is zoned comm. The unit layout and loading doors provide a practical configuration for commercial or industrial operations.
Located in an industrial park at 853 S Peachtree Street in Norcross, the property is zoned comm. The unit layout and loading doors provide a practical configuration for commercial or industrial operations.
Key Highlights
- 15,500‑square‑foot flex warehouse on 2.37 acres
- Seven individual units
- 20‑foot clear ceiling heights
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$113,783
Cap Rate
3.45%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,275,660
$2.3M
Cap Rate 7%
$1,625,471
$1.6M
Cap Rate 9%
$1,264,256
$1.3M
Market Conditions
NOI Build-Up for 15,500 SF
Gross rent
$146.9K $9.48/SF
− Vacancy
−$13.1K −$0.84/SF
EGI
$133.9K $8.64/SF
− OpEx
−$20.1K −$1.30/SF
NOI
$113.8K $7.34/SF
Area
Gwinnett 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%
$2,275,660
Cap Rate 7%
$1,625,471
Cap Rate 9%
$1,264,256
Alternative Uses
Best Use
Warehouse
$1.63M
$1.42M – $1.90M
NOI $113,783 @ 7.0% cap · market cap 3.45%
Second Best
Industrial
$1.35M
$1.18M – $1.57M
NOI $94,424 @ 7.0% cap · market cap 2.86%
Theoretical Best
Office A
$4.33M
$3.79M – $5.05M
NOI $303,299 @ 7.0% cap · market cap 9.19%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
20 ft
Clear height
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,169
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 30071, GA
25,629
Population
9,644
Households
2.7
Avg Household Size
33
Median Age
34%
College-Educated
78%
High-School Grad
12.1 sq mi
ZIP Area
2,118
Density / Sq Mi
$61,351
Median Household Income
$38,129
Median Earnings
$1,588
Median Rent
$333,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Flex space in Gwinnett County, GA
Properties on Market for Flex space in Gwinnett County
Vacancy Rate% for Industrial in South region
Similar Off Market Nearby
- The Atrium — 139 N Norcross Tucker Rd, Norcross, GA 30071
- A Divine Event — 539 S Peachtree St, Norcross, GA 30071
- Tucker's Catering — 350 W Peachtree St #106, Norcross, GA 30071
- Parties Galore Inc — Norcross, GA 30003
Frequently Asked Questions
What type of property is this?
Flex space - Multi-unit configuration pairs brick construction with rear loading access for flexible commercial and industrial occupancy.
Where is this flex space located?
The property is located at 853 S Peachtree Street 107 Norcross, GA.
What is the asking price?
The asking price for this property is $3,300,000.
What are key features of this property?
This property features: 15,500‑square‑foot flex warehouse on 2.37 acres; Seven individual units; 20‑foot clear ceiling heights
