1629 Litton Dr Stone Mountain, GA 30083-1116
- Warehouses
- 34,719 SF
- 3.50 lot acres
Current Use by Public Records
- Empire Electronics Corporation / Electronic Parts Supplier / Electronics Store
Property Details for 1629 Litton Dr
- Year built
- 1968
- Lot size
- 3.50 lot acres
- Property size
- 34,719 SF
- Zone code
- X
- Property type
- Warehouses
- APN
- 18 171 05 004
- APU
- 1817105004
Description
This exceptional 45,000-square-foot industrial property, located at 1629 Litton Drive in Stone Mountain, Georgia (30083), presents a compelling owner-user opportunity. The newly renovated warehouse sits on a 3.2-acre lot and boasts a desirable combination of features ideal for distribution and warehousing operations. The building offers a 20-foot clear ceiling height, providing ample vertical storage space. Loading and unloading are facilitated by five dock-high doors and one drive-in door (12' x 14'). The layout features 30' wide x 40' deep column spacing, maximizing operational efficiency. The property also includes 56 auto parking spaces. The warehouse is equipped with a wet sprinkler system for fire protection and features an 8-inch floor slab capable of supporting heavy loads. Power is robust, with 3,200 amps at 480 volts available. The roof is a newer TPO installation completed in 2019. Approximately 15,000 square feet is dedicated to office space. The property's strategic location offers convenient access to Highway 78 (Exit 4), situated just 0.6 miles away. The asking price is $5,850,000, translating to $130 per square foot. This represents a significant opportunity for businesses seeking a modern, well-equipped warehouse in a prime location.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $3,300,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $3,335,000
- 6.5%
- $3,135,000
- 7%
- $2,990,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $2,715,000
- Geo Method
- $3,530,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $3,565,000
- Retail
- $2,945,000
- Mixed-Use
- $3,440,000
- Hospitality
- $3,335,000
- Educational
- $3,840,000
- Residential Income
- $3,610,000
- Energy
- $3,855,000
- Income-Based Land
- $3,275,000
- Food Service
- $3,255,000
Location Insight
- Map
- Local Demand
- City
- Stone Mountain
- County
- Dekalb
- State
- Georgia
- Longitude
- -84.1928
- Latitude
- 33.8296
- CBSA code
- 12060
- CBSA name
- ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA
