Property profile

2970 Lakewood Ave East Point, GA 30344

OFF-MARKET
Warehouses
Property ID
US22-1561213
1,875 SF 2.72 ac lot Built 1989
Individually Owned 8-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Warehouses
Use group MINI-WAREHOUSE, STORAGE
Year built 1989
Construction WOOD
Total area 1,875 SF
Lot 2.72 ac (118,483 SF)
Zoning code I1
APN 14 010200040392
UPID US22-1561213

Cap rate & NOI

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

Location

2970 Lakewood Ave East Point, GA 30344
East Point metro Census 11100 ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$265k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$275k

Owner & transaction history

since 2017
3 recorded transactions
2017
$14.6M
2017
Price N/A
2014
Price N/A

Zoning & alternative use

I1 · East Point, GA
Zoning description

The intent of I1 District, is to provide areas within the city for the manufacture, storage, sale and distribution of goods and the conduct of related commercial and industrial activities. The I1 District is comprised ex…

General category INDUSTRIAL

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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