Luxury Garage Condos For
5765 Stables Wy Unit C08 Alpharetta, GA 30004
For Sale
Contact for pricing
Premium, customizable car condos with lounge and secure storage.
Property Size1,150 SF
Price / SF$405
Days on Market775
Property Features for 5765 Stables Wy Unit C08
General Information
Standard status
Active
Size
1,150 SF
Property subtype
Industrial
Listing Agency:
Personal Warehouse & Red Commercial
Listed By:
Steve Garrison · License #CO
Source:
Crexi
Added: Jun 15, 2024
Changed: Jul 6
Last Checked: Jul 28 at 3:14PM
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 Personal Warehouse & Red Commercial
Investment Insights
Based on property information with market context.
These car condos, also known as garage condos and man caves, provide a unique solution for car enthusiasts, collectors, and individuals seeking premium space for their vehicles. Combining secure vehicle storage with the comforts of a private lounge for relaxation and entertainment, these garage condos offer flexible designs to match practical and aesthetic needs. Climate control, power, and advanced security features are included. The property size is 1150 square feet.
Key Highlights
- Secure vehicle storage with climate control
- Customizable design to match practical and aesthetic needs
- Private lounge area for relaxation or entertainment
Financial Insights For Retail
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 | $22.1k | $19.20 |
| − Vacancy | −$994 | −$0.86 |
| EGI | $21.1k | $18.34 |
| − OpEx | −$6.3k | −$5.50 |
| NOI | $14.8k | $12.84 |
1,150 SF · lease $19.20/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$210.9K
$184.5K – $246.0K
NOI $14,760 @ 7.0% cap · market cap 3.17%
Second Best
Warehouse
$120.6K
$105.5K – $140.7K
NOI $8,442 @ 7.0% cap · market cap 1.81%
Theoretical Best
Office A
$321.5K
$281.3K – $375.1K
NOI $22,503 @ 7.0% cap · market cap 4.83%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Warehouse - Premium, customizable car condos with lounge and secure storage.
Where is this warehouse located?
The property is located at 5765 Stables Wy Unit C08 Alpharetta, GA.
What is the asking price?
The asking price for this property is $465,750.
What are key features of this property?
This property features: Secure vehicle storage with climate control; Customizable design to match practical and aesthetic needs; Private lounge area for relaxation or entertainment
