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Property profile & analytics
OFF-MARKET Estimated value $9,760,000
Distribution centers

1106 Citizens Pkwy Morrow, GA 30260-2928

207,694 SF 12.22 ac lot Built 1986
Entity Owned 6-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US22-1464630
Property summary
AI-generated overview

Exceptional flex space totaling 206,190 square feet is available for lease at 1106 Citizens Parkway. This property, built in 1986, sits on 10.12 acres and offers a multitude of features ideal for various industrial uses. The warehouse boasts a 28-foot clear height, 34 dock-high doors (8' x 10') with 20 levelers, and one 12' x 16' drive-in ramp. Ample power is provided with 1600 amps. Approximately 2,140 square feet of office space is included. The space is divisible to a minimum of 36,791 square feet and can be leased contiguously up to 209,199 square feet. Additional features include 40'W x 50'D column spacing and a 300' building depth. Outside storage of approximately 2 acres is planned, to be delivered paved, lit, and secured. The property is rail-served by Norfolk Southern with 7 rail doors. An ESFR sprinkler system is to be installed. The building features LED lighting in the warehouse area. This property is located in Clayton County, a Tier 1 county offering up to a $3,500 job tax credit per new job created.

Property profile
Verified
Property type Distribution centers
Use group DISTRIBUTION WAREHOUSE
Year built 1986
Total area 207,694 SF
Lot 12.22 ac (532,390 SF)
Zoning code HI
APN 13-176D- A-003
UPID US22-1464630
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
  • CM SR22 Insurance Group Financial Advisor Insurance Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$9.89M
Blend (final) Blend
$9.76M
Owner & transaction history
Citizens Parkway LLC · 6 yrs held
Citizens Parkway LLC
since 2019
7 recorded transactions
2019
Price N/A
2019
Price N/A
2019
$9.3M
2019
Price N/A
2019
$9.7M
2017
$8.2M
1969
Price N/A
Zoning & alternative use
HI · Morrow, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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