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    4237 Walking Ln Lilburn, GA 30047

    For Sale
    $2,640,000

    24,000 SF Industrial Warehouse, Multi-Tenant

    Property size:
    24,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional investment opportunity presents two warehouse buildings totaling 24,000 square feet situated on a 2.9-acre lot in Lilburn, Georgia. The property features two buildings, each approximately 12,000 square feet, constructed in 1981/1982. One building is currently leased through May 2026, providing immediate income. The second building houses multiple tenants, with 6,000 square feet on a month-to-month lease and another 6,000 square feet expiring February 2025, offering potential for value-add improvements and increased rental income. The property boasts convenient access to I-85 via Beaver Ruin Road, grade-level loading doors, and ceiling heights ranging from 14 to 18 feet. The property is classified as Class C and is offered at $2,640,000 ($110/SF), making it an attractive owner-user or value-add investment opportunity. The property is suitable for a 1031 exchange. Three-phase power is available. This multi-tenant property presents a strong cash flow with upside potential through lease renewals and rent increases. The property's location and features make it an ideal investment for those seeking a strong return on investment in the thriving Lilburn market.

    Property Features for 4237 Walking Ln

    General Information

    Property type
    Distribution properties
    Square Feet
    24,000 SF
    Class
    C
    Lot Size
    126,324 SF

    Building Details

    Year Built
    1981
    Buildings
    2

    HighLights

    • 24,000 SF total building area (two buildings).
    • 12,000 SF immediately available for lease.
    • 12,000 SF leased through May 2026.
    • Features drive‑in doors.
    • 16' clear ceiling height.
    • Equipped with 3‑phase power.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Pearl Pool Plastering Swimming Pool Contractor

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Lilburn
    County
    Gwinnett
    State
    Georgia
    Longitude
    -84.1282982
    Latitude
    33.9111021

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    FAQs

    What type of property is this?
    Distribution property - 24,000 SF Industrial Warehouse, Multi-Tenant
    Where is this distribution property located?
    The property is located at 4237 Walking Ln Lilburn, GA.
    What is the asking price?
    The asking price for this property is $2,640,000.
    What are key features of this property?
    This property features: 24,000 SF total building area (two buildings).; 12,000 SF immediately available for lease.; 12,000 SF leased through May 2026.
    Request Owner's contact information
    4237 Walking Ln Lilburn, GA 30047
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    Lilburn, GA 30047
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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
    4237 Walking Ln Lilburn, GA 30047
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