Metal Frame Building For
For Sale
Contact for pricing
6287 GA-85 BLD-2, Riverdale, GA 30274
4000 sq ft metal frame building ideal for business.
Property Size4,000 SF
Price / SF$125
Days on Market1562
Property Features for 6287 GA-85 BLD-2
General Information
Standard status
Active
Size
4,000 SF
Property subtype
Mixed Use, Retail, Self Storage, Industrial
Occupancy
100%
Lease Type
Gross
Investment Type
Owner/User
Building Details
Year Built
1992
Tenancy
Single
Listing Agency:
Solid Source Real Estate Companies
Listed By:
Ashok Patel · License #GA 279374
Source:
Crexi
Added: Jul 7, 2022
Changed: Sep 14
Last Checked: Oct 14 at 9:12PM
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 Solid Source Real Estate Companies
Investment Insights
Based on property information with market context.
This is a 4000 sq ft metal frame building. It is located behind 6287 Hwy 85. It is suitable for owning a business or operating an auto shop.
Key Highlights
- 4000 sq ft Metal Frame Building
- Ideal for owning a business
- Suitable for an Auto shop
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$41,560
Cap Rate
8.31%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$831,200
$831.2K
Cap Rate 7%
$593,714
$593.7K
Cap Rate 9%
$461,778
$461.8K
Market Conditions
NOI Build-Up for 4,000 SF
Gross rent
$63.8K $15.96/SF
− Vacancy
−$4.5K −$1.12/SF
EGI
$59.4K $14.84/SF
− OpEx
−$17.8K −$4.45/SF
NOI
$41.6K $10.39/SF
Area
Clayton County, GA
Vacancy
7.00%
Lease Rate
$15.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$831,200
Cap Rate 7%
$593,714
Cap Rate 9%
$461,778
Alternative Uses
Best Use
Retail
$803.7K
$703.3K – $937.7K
NOI $56,262 @ 7.0% cap · market cap 11.25%
Second Best
Mixed Use
$694.3K
$607.5K – $810.0K
NOI $48,600 @ 7.0% cap · market cap 9.72%
Theoretical Best
Office A
$1.12M
$978.4K – $1.30M
NOI $78,271 @ 7.0% cap · market cap 15.65%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
155
Businesses Nearby
Explore this area
Business Placement
Demographics for 30274, GA
34,537
Population
14,299
Households
2.4
Avg Household Size
34
Median Age
21%
College-Educated
87%
High-School Grad
10.2 sq mi
ZIP Area
3,386
Density / Sq Mi
$50,455
Median Household Income
$33,141
Median Earnings
$1,241
Median Rent
$157,100
Median Home Value
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - 4000 sq ft metal frame building ideal for business.
Where is this mixed-use property located?
The property is located at 6287 GA-85 BLD-2 Riverdale, GA.
What is the asking price?
The asking price for this property is $500,000.
What are key features of this property?
This property features: 4000 sq ft Metal Frame Building; Ideal for owning a business; Suitable for an Auto shop
