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Property profile & analytics
OFF-MARKET Estimated value $610,000
Warehouses

1185 Zonolite NE Rd Atlanta, GA 30306-2011

5,100 SF 0.25 ac lot Built 1970
Individually Owned 21-yr Hold Absentee Owner Free & Clear
Property ID
US22-1797156
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1970
Total area 5,100 SF
Lot 0.25 ac (10,890 SF)
Zoning code M
APN 18 107 04 005
UPID US22-1797156
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
  • Atlas Barber Company Barber Shop
  • CrossFit Identity Gym & Fitness Center
  • RPR General Contractor
  • Dr. Lauren Polivka Physician
  • Dr. Kelsey Thomasson Parramore, PT, DPT Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$550k
Comparable Approach Comparable
$640k
Blend (final) Blend
$610k
Owner & transaction history
EUGENIA V POULOS
EUGENIA V POULOS
Zoning & alternative use
M · Atlanta, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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