Property profile

180 Mendel SW Dr Atlanta, GA 30336

OFF-MARKET
Truck terminals
Property ID
US22-1782349
8,040 SF 2.2 ac lot Built 1993
Entity Owned 5-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional investment opportunity presents a stabilized, single-tenant warehouse located at 180 Mendel Drive SW, Atlanta, GA 30336. The property boasts 8,040 square feet of space situated on a generous 2.2-acre lot, providing ample room for vehicle maneuvering and storage. Currently leased at 100% occupancy by a national credit tenant under a triple-net (NNN) lease, this asset offers a secure and consistent income stream. The property's strong financial performance is reflected in its impressive 6.19% capitalization rate and a net operating income (NOI) of $163,908. The asking price is $2,650,000, translating to a price per square foot of $329.60. This industrial property is ideally situated in southwest Atlanta, offering convenient access to major transportation routes and serving as an excellent location for a fleet maintenance center or similar operation. The substantial lot size and existing tenant provide a compelling investment opportunity with significant potential for long-term growth and return. This is a rare chance to acquire a high-performing, single-tenant warehouse in a desirable Atlanta location.

Property profile

Verified
Property type Truck terminals
Use group TRUCK TERMINAL (MOTOR FREIGHT)
Year built 1993
Construction STEEL FRAME
Total area 8,040 SF
Lot 2.2 ac (95,832 SF)
Zoning code M2
APN 14F0058 LL0353
UPID US22-1782349

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
  • School Bus Service

Location

180 Mendel SW Dr Atlanta, GA 30336-2011
Atlanta metro Census 7805 ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$315k

Owner & transaction history

since 2021
3 recorded transactions
2021
Price N/A
2020
$1.2M
2015
Price N/A

Zoning & alternative use

M2 · Atlanta, 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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