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    7544 Conyers St Lithonia, GA 30058

    For Sale
    $1,100,000

    8,450 SF Industrial Building, Value-Add Opportunity

    Property size:
    8,450 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional value-add investment opportunity presents a fully occupied, 8,450 square foot industrial property situated on a 1.28-acre lot in Lithonia, Georgia. The property, located at 7544 Conyers St, 30058, features four single-story buildings constructed in 1951 and renovated in 1990. The property boasts a 100% occupancy rate, with the current tenant, T or D Machine Works INC, operating a successful machining business since November 9, 2022, specializing in plastics and metals. The sale includes the ongoing business. The property is zoned M and includes two dock-high doors. With a total of 55,757 square feet of land, the land value alone is estimated at $140-$160 per square foot. The asking price is $1,100,000, translating to $130.18 per square foot of building space. This presents a unique opportunity to acquire a well-located, income-generating industrial property with significant potential for future growth and development. The property's strong tenant occupancy and established business operations provide immediate cash flow, while the expansive lot size offers considerable flexibility for expansion or redevelopment. The property's location in DeKalb County, Georgia, offers convenient access to major transportation routes and a skilled workforce. The APN is 16-152-12-023. This is a rare chance to acquire a turnkey industrial property with an established business.

    Property Features for 7544 Conyers St

    General Information

    Property type
    Distribution properties
    Square Feet
    8,450 SF
    Lot Size
    55,757 SF

    Building Details

    Year Built/Renovated
    1951/1990
    Buildings
    4
    Stories
    1

    HighLights

    • Fully occupied 8,450 SF industrial property on a 1.28‑acre lot in Lithonia, GA.
    • Includes the ongoing business of T or D Machine Works INC.
    • 55,757 SF lot, land value estimated at $140-$160/SF.
    • Asking price: $1,100,000 ($130.18/SF).
    • Zoned M, with two dock‑high doors.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    T or D Machine ... Machine Shop

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Lithonia
    County
    DeKalb
    State
    Georgia
    Longitude
    -84.1007498
    Latitude
    33.7079031

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    FAQs

    What type of property is this?
    Distribution property - 8,450 SF Industrial Building, Value-Add Opportunity
    Where is this distribution property located?
    The property is located at 7544 Conyers St Lithonia, GA.
    What is the asking price?
    The asking price for this property is $1,100,000.
    What are key features of this property?
    This property features: Fully occupied 8,450 SF industrial property on a 1.28-acre lot in Lithonia, GA.; Includes the ongoing business of T or D Machine Works INC.; 55,757 SF lot, land value estimated at $140-$160/SF.
    Request Owner's contact information
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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
    7544 Conyers St Lithonia, GA 30058
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