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    4281 Old Dixie Hwy Atlanta, GA 30354

    Sponsored
    For Lease
    $4 SF/Yr

    Large industrial warehouse, flexible space available.

    Lot size:
    91,373 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    408
    This exceptional industrial property, located at 4281 Old Dixie Hwy in Atlanta, Georgia, offers a substantial 91,373 square feet of warehouse and distribution space. The building, constructed in 1968, sits on a 4.35-acre lot and is zoned for Light Industrial (LI) use. The property is currently fully vacant and available for lease, offering flexible lease terms with a minimum divisible space of 24,080 square feet and the potential to lease the entire 91,373 square feet contiguously. The warehouse features a ceiling height ranging from 14 to 17 feet, providing ample vertical space for storage and operations. Four dock-high doors ensure efficient loading and unloading of goods. This prime location in Clayton County, Georgia, offers easy access to major transportation routes, making it an ideal choice for businesses requiring significant warehouse space and convenient logistics. The property's size and features make it suitable for a wide range of industrial and distribution operations. Contact us today to learn more about leasing opportunities. Zip code: 30354.

    Property Features for 4281 Old Dixie Hwy

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    91,373 SF
    Total Rate
    34264.88

    Building Details

    Year Built
    1968

    Unit(s) available at that property

    Space
    Suite 2
    Size
    91,373 SF
    Rate per SF
    $5
    Space
    Suite A
    Size
    24,080 SF
    Rate per SF
    $5
    Space
    Suite B
    Size
    67,293 SF
    Rate per SF
    $4

    We can help!

    Listing Contact
    Steve Ratchford
    Steve Ratchford

    Learn more

    HighLights

    • Building A: 24,080 SF warehouse with 3,220 SF of office space; features 8 dock‑high doors with canopy, 2 drive‑in doors (one grade level, one ramp), 25' x 50' column spacing, and 16'-20' ceiling height.
    • Building B/C: 67,293 SF warehouse with 8,389 SF of office space; includes 4 dock‑high doors with levelers, 26' x 33' column spacing, and 14'-17' clear height; sprinkler system installed.
    • Flexible office space layouts available.
    • Tenant representation brokers are offered a procurement fee.
    Property Profile Location Intelligence

    Current Use by Public Records

    Distribution centers

    Suggested Use

    Restaurant Realty agency Spa & Massage Building Supply Wholesale Shop Hair Salon Auto Repair Shop Nail Salon Clothing Store Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Atlanta
    County
    Clayton
    State
    Georgia
    Longitude
    -84.391417
    Latitude
    33.6376904

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    FAQs

    What type of property is this?
    Distribution property - Large industrial warehouse, flexible space available.
    Where is this distribution property located?
    The property is located at 4281 Old Dixie Hwy Atlanta, GA.
    What is the lease rate?
    The lease rate is $4-$5 SF/Yr.
    What are key features of this property?
    This property features: Building A: 24,080 SF warehouse with 3,220 SF of office space; features 8 dock-high doors with canopy, 2 drive-in doors (one grade level, one ramp), 25' x 50' column spacing, and 16'-20' ceiling height.; Building B/C: 67,293 SF warehouse with 8,389 SF of office space; includes 4 dock-high doors with levelers, 26' x 33' column spacing, and 14'-17' clear height; sprinkler system installed.; Flexible office space layouts available.
    Request Owner's contact information
    4281 Old Dixie Hwy Atlanta, GA 30354
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    Atlanta, GA 30354
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    4281 Old Dixie Hwy Atlanta, GA 30354
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    We can help!
    Listing Contact
    Steve Ratchford
    Steve Ratchford
    Real Estate License ID: GA 114592
    Learn more
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