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1700 Oakbrook Dr Norcross, GA 30093-1887

OFF-MARKET Warehouses Google Maps
56,914 SF 3.3 ac lot Built 1981
Entity Owned 8-yr Hold Absentee Owner ~ Est. High Equity
Estimated value
No estimation on file for this property yet.
Property ID US22-4452120

Property summary

AI-generated overview

This exceptional industrial property, located at 1700 Oakbrook Drive in Norcross, Georgia, offers 55,440 square feet of warehouse and distribution space. Currently configured as a multi-tenant building, one unit of 13,200 square feet is immediately available. The building boasts a desirable 22-foot ceiling height, providing ample vertical storage capacity. Situated in the Northeast submarket of Gwinnett County (zip code 30093), this property benefits from excellent access to major transportation arteries. The building features two dock-high loading positions and two oversized drive-in doors, ensuring efficient loading and unloading operations. The property is in excellent condition and ready for immediate occupancy, with availability estimated at 30-60 days from sublease execution. This is an ideal location for businesses seeking a functional and well-maintained warehouse space in a thriving industrial area of metro Atlanta. The property's strategic location within Gwinnett County provides easy access to a skilled workforce and a robust transportation network. This presents a unique opportunity for businesses seeking to establish or expand their operations in a prime location.

Property profile

Verified
Property type Warehouses
Use group STORAGE YARD, OPEN STORAGE
Year built 1981
Total area 56,914 SF
Lot 3.3 ac (143,748 SF)
Zoning code M1-LIGHT INDUSTRY
APN R6196 110
UPID US22-4452120

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Construction Company
  • Home Decor Store Furniture & Home Goods
  • Food Processing Plant
  • Carpet Cleaning Service
  • Big Box & Wholesale Store

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

since 2018
Last sale
$45.7M
7 recorded transactions
2023
Price N/A
2021
Price N/A
2018
$17.3M
2008
$2.5M
2008
Price N/A
2005
Price N/A
1969
Price N/A

Zoning & alternative use

M1-LIGHT INDUSTRY · Norcross, GA

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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