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    230 Cleveland Ave Atlanta, GA 30315

    For Sale
    $21,000,000

    Single-tenant manufacturing/distribution space.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    364
    This exceptional 20,817-square-foot industrial property, located in the Medley Palmetto Industrial Park, presents a unique opportunity for businesses seeking efficient and versatile warehouse space. The single-tenant building offers approximately 1,710 square feet of fully air-conditioned office space, complemented by a spacious 19,017-square-foot warehouse area. High ceilings (22 feet clear) and ample loading capabilities, including two dock-high loading doors and one ramp loading door, ensure seamless operations. The property benefits from 3-phase electrical service and a fully fire-sprinkled building, prioritizing safety and functionality. Situated in a prime location with Palmetto Expressway frontage, this corner unit offers excellent visibility and accessibility. The building is outside the wellfield protected area. The 150-foot truck courts provide ample maneuvering space. The Medley Palmetto Industrial Park itself comprises ten concrete dock-high buildings, ideal for distribution or manufacturing needs. Minimum unit size within the park is 3,080 square feet. Please note that the lease rate excludes utilities, property expenses, and building services (Opex or CAM is $3.34). This property is perfect for a company seeking a well-maintained, strategically located industrial space to support its operations.

    Property Features for 230 Cleveland Ave

    General Information

    Property type
    Land

    HighLights

    • 20,817 square foot single‑tenant industrial building.
    • 1,710 square foot of air‑conditioned office space.
    • 19,017 square foot warehouse with 22' clear ceiling height.
    • Three loading docks (two dock‑high, one ramp).
    • 3‑phase electrical service and fully fire‑sprinklered.
    • Located outside the wellfield protected area, offering excellent access to the Palmetto Expressway.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Piggly Wiggly Supermarket LibertyX Bitcoin ATM Atm L.O.S. Liquidation Outlet ... Warehouse L.O.S. Liquidation Center Outlet Store

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Atlanta
    County
    Fulton
    State
    Georgia
    Longitude
    -84.3957609
    Latitude
    33.6799581

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    FAQs

    What type of property is this?
    Land - Single-tenant manufacturing/distribution space.
    Where is this land located?
    The property is located at 230 Cleveland Ave Atlanta, GA.
    What is the asking price?
    The asking price for this property is $21,000,000.
    What are key features of this property?
    This property features: 20,817 square foot single-tenant industrial building.; 1,710 square foot of air-conditioned office space.; 19,017 square foot warehouse with 22' clear ceiling height.
    Request Owner's contact information
    230 Cleveland Ave Atlanta, GA 30315
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    Atlanta, GA 30315
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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
    230 Cleveland Ave Atlanta, GA 30315
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