Brick Flex Warehouse with
853 S Peachtree Street #107 Norcross, GA 30071
For Sale
$3,300,000
COMMERCIAL - Norcross, GA
Property Size15,500 SF
Lot Size2.37 Acres
Price / SF$212.90
Days on Market38
Property Features for 853 S Peachtree Street #107
General Information
- Property type
- Commercial Sale
- Property subtype
- Office
- Standard status
- Active
- Size
- 15,500 SF
- Lot size
- 2.37 Acres
Building Details
- Year built
- 2004
Listing Agency:
575 North Office
(770) 720-1400
Listed By:
Sandra Lee
(678) 815-6698
Added: Jun 16
Changed: Jul 23
Last Checked: Jul 23 at 11:06PM
MLS# 7654954
Copyright © 2026 Berkshire Hathaway HomeServices Georgia Properties. 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 flex warehouse property is built with durable four-sided brick construction and includes seven individual units. Loading and operations are supported by rear roll-up doors, and the space offers 20-foot clear ceiling heights for adaptable commercial and industrial use.
The property sits on 2.37 acres and provides convenient access to major interstates.
Offered for sale as a multi-unit flex warehouse, the building’s configuration and loading features support a variety of operational layouts within the seven-unit structure.
The property sits on 2.37 acres and provides convenient access to major interstates.
Offered for sale as a multi-unit flex warehouse, the building’s configuration and loading features support a variety of operational layouts within the seven-unit structure.
Key Highlights
- 15,500 SF flex warehouse on 2.37 acres, built in 2004
- Seven individual units within the warehouse building
- Four‑sided brick construction
Financial Insights For Warehouse
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $146.9k | $9.48 |
| − Vacancy | −$13.1k | −$0.84 |
| EGI | $133.9k | $8.64 |
| − OpEx | −$20.1k | −$1.30 |
| NOI | $113.8k | $7.34 |
15,500 SF · lease $9.48/SF/yr · vacancy 8.90% · expense 15.00%
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 local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Sneeze Guarders
Medical Supply Store
United Signs
(Bike/Boat/Book/etc) Store
Lee's Signs
(Bike/Boat/Book/etc) Store
Yamamoto Auto LLC
Car Dealership
EdgeX LED
(Bike/Boat/Book/etc) Store
Similar Off Market Nearby
- Parties Galore Inc — Norcross, GA 30003
- Tucker's Catering — 350 W Peachtree St #106, Norcross, GA 30071
- The Atrium — 139 N Norcross Tucker Rd, Norcross, GA 30071
- A Divine Event — 539 S Peachtree St, Norcross, GA 30071
FAQs
What type of property is this?
Flex space - Flex warehouse property with seven individual units, rear roll-up doors, and 20-foot clear ceiling heights on 2.37 acres.
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 SF flex warehouse on 2.37 acres, built in 2004; Seven individual units within the warehouse building; Four‑sided brick construction
