1185 Zonolite NE Rd Atlanta, GA 30306-2011
- Warehouses
- 5,100 SF
- 0.25 lot acres
Current Use by Public Records
- Atlas Barber Company / Barber Shop
- CrossFit Identity / Gym / Fitness Center
- RPR / Contractor
- Dr. Lauren Polivka / Physical Therapist
- Dr. Kelsey Thomasson Parramore, PT, DPT / Physical Therapist
Property Details for 1185 Zonolite NE Rd
- Year built
- 1970
- Lot size
- 0.25 lot acres
- Property size
- 5,100 SF
- Zone code
- M
- Property type
- Warehouses
- APN
- 18 107 04 005
- APU
- 1810704005
Description
This exceptional 7,415-square-foot flex/warehouse space, located at 1185 Zonolite Road in DeKalb County, offers a unique opportunity. Currently configured as a multi-tenant property, this single-story, Class C building boasts 8 parking spaces and 2 drive-in bays. Built in 1980, the property is zoned M-Industrial and features air-conditioned office spaces within its adaptable warehouse layout. The property's location within the Zonolite District offers a distinct advantage, situated near a vibrant mix of businesses, many focused on fitness and wellness. The area is also conveniently adjacent to the 13-acre Zonolite Park, a green space featuring trails, a community garden, and more. Note that the current lease expires June 30, 2025, and showings require coordination with the existing tenant. The asking rate is $17.00 per square foot, with estimated NNN pass-throughs of approximately $2.50 based on 2024 figures. The property's APN is 18-0107-04-005, and its cross street is Briarcliff Road. This property presents a rare chance to secure a well-located, adaptable space in a thriving, amenity-rich neighborhood. The building's flexible design and prime location make it ideal for a variety of businesses seeking a unique and convenient space.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $265,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $220,000
- 6.5%
- $200,000
- 7%
- $220,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $240,000
- Geo Method
- $235,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $250,000
- Retail
- $225,000
- Mixed-Use
- $200,000
- Hospitality
- $235,000
- Educational
- $185,000
- Residential Income
- $235,000
- Energy
- $195,000
- Income-Based Land
- $200,000
- Food Service
- $205,000
Location Insight
- Map
- Local Demand
- City
- Atlanta
- County
- Dekalb
- State
- Georgia
- Longitude
- -84.3412
- Latitude
- 33.806
- CBSA code
- 12060
- CBSA name
- ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA