138 N Holland Dr Pendergrass, GA 30567
For Sale
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This exceptional 7-acre lot, located at 138 N Holland Dr, Pendergrass, GA 30567 (APN: 092 005I1), presents a prime investment opportunity in the Northeast Atlanta Industrial submarket. Zoned for industrial use, this newly developed (2023) property offers 188 paved stalls for outdoor storage and boasts institutional-grade quality. The land is part of Pendergrass Park, a larger development strategically situated along the I-85 N corridor, an area experiencing significant growth and a shortage of outdoor storage facilities. The property's location provides easy access to major transportation routes. The land is priced at $707,142 per acre, offering a pro-forma cap rate of 9.84%. Ownership is held by Stockage Industrial Group. This is a rare opportunity to acquire a high-quality, ready-to-use industrial outdoor storage asset in a rapidly developing market. The property is ideal for businesses requiring secure, paved outdoor storage space. This is a build-to-suit opportunity, allowing for customization to meet specific tenant needs. The property is a strong investment with excellent potential for future appreciation.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
I · Pendergrass, GACosts & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.