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    349 Forest Pkwy Forest Park, GA 30297

    Sponsored
    For Sale
    Contact for pricing

    ±10,000 SF Warehouse, Value-Add Opportunity

    Property size:
    10,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This ±10,000 square foot industrial property, situated on a 2.5-acre lot in Forest Park, Georgia, presents a compelling value-add investment opportunity. The single-story, 1973-built building features a flexible layout suitable for distribution, flex, or warehouse uses, currently zoned GC - General Commercial. The property boasts six drive-in bay doors (four 10' x 12' and two 18' x 10'), a 16-foot clear ceiling height at the center, and ample paved and fenced outdoor space. The building includes approximately 5,000 square feet of office space, featuring a 3,400 square foot showroom. The remaining square footage is dedicated to warehouse/shop space. Two existing pole signs on Forest Parkway offer excellent visibility. The property is currently vacant, allowing for immediate customization to suit a wide range of operational needs. Its location in Clayton County, Georgia, zip code 30297, provides convenient access to major transportation routes. This property is an excellent choice for owner-users seeking to establish a strong presence in a thriving commercial area. The property's size, features, and zoning make it adaptable to various business models. The existing infrastructure, including the drive-in bays and office space, offers immediate functionality, minimizing upfront investment.

    Property Features for 349 Forest Pkwy

    General Information

    Property type
    Distribution properties
    Square Feet
    10,000 SF
    Lot Size
    108,900 SF

    Building Details

    Year Built
    1973
    Buildings
    1
    Stories
    1
    Property Profile Location Intelligence

    Current Use by Public Records

    Colonial Sales & Leasing Used Car Dealer

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Skin Care Clinic

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Forest Park
    County
    Clayton
    State
    Georgia
    Longitude
    -84.378522864307
    Latitude
    33.620637314679

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    FAQs

    What type of property is this?
    Distribution property - ±10,000 SF Warehouse, Value-Add Opportunity
    Where is this distribution property located?
    The property is located at 349 Forest Pkwy Forest Park, GA.
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    349 Forest Pkwy Forest Park, GA 30297
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