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Property profile & analytics
OFF-MARKET
Industrial properties

1973 Ga-138 Conyers, GA 30013

13,980 SF 4.59 ac lot
Property ID
Property summary
AI-generated overview

This exceptional value-add investment opportunity presents a 13,980-square-foot flex industrial building situated on a 4.59-acre lot in Conyers, Georgia. Currently 100% occupied by seven tenants, generating a current NOI of $147,040 and a 6.46% cap rate, this property offers significant upside potential. A pro-forma NOI of $255,000 projects an impressive 11.21% cap rate, highlighting the substantial value-add potential. The property features four loading docks and is zoned M1, allowing for flexible end uses including outdoor storage, laydown yards, and ample truck/trailer parking. The building consists of three units within a single, one-story structure. Strategically located approximately two miles from I-20 and fifteen miles from I-285, this low-coverage, infill property benefits from excellent access to major transportation arteries within the I-20 East/Rockdale submarket of metro Atlanta. The asking price is $2,275,000, representing a price per square foot of $162.73 and a price per unit of $758,333.33. This multi-tenant, industrial investment presents a compelling opportunity for significant returns. The property's strong tenancy and prime location make it an attractive investment for both seasoned and emerging investors seeking substantial returns in the thriving Atlanta market.

Property profile
Verified
Property type Industrial properties
Total area 13,980 SF
Lot 4.59 ac (199,940 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Isalis (Bike/Boat/Book/etc) Store
  • Party City Party Supply Store (Bike/Boat/Book/etc) Store
  • Skunk Funk Big Box & Wholesale Store
  • Carl's Trading Co Hat Shop
  • Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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