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Property profile & analytics
OFF-MARKET Estimated value $4,290,000
Warehouses

3024 Miller Rd Lithonia, GA 30038-2215

67,475 SF 6.29 ac lot Built 1974
Entity Owned 4-yr Hold Absentee Owner Free & Clear
Property ID
US22-0168423
Property summary
AI-generated overview

This exceptional industrial property, located at 3024-3052 Miller Road in Stonecrest, Georgia, offers a versatile warehouse and distribution space totaling 70,000 square feet. Currently, 5,350 square feet is immediately available for lease. The building, constructed in 1978, features a single story with high ceilings measuring 18 feet, ideal for various industrial uses. The property boasts excellent access with three dock-high doors and one drive-in door, facilitating efficient loading and unloading. Ample parking is provided with 110 spaces available for employees and visitors. The warehouse space is complemented by 1,188 square feet of office space, providing a functional area for administrative tasks. The remaining 4,162 square feet is dedicated to warehouse storage. Situated on three acres of land, this property is zoned M and benefits from its location in the Snapfinger/I-20 East submarket cluster, offering convenient access to major transportation routes. This multi-tenant building presents a unique opportunity for businesses seeking a well-maintained and strategically located industrial space in the thriving Stonecrest area (zip code 30038).

Property profile
Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1974
Total area 67,475 SF
Lot 6.29 ac (273,992 SF)
Zoning code X
APN 16 023 02 036
UPID US22-0168423
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$4.52M
CAP Approach CAP
by Request
Comparable Approach Comparable
$4.01M
Blend (final) Blend
$4.29M
Owner & transaction history
Ci Growth 212 LLC · 4 yrs held
Ci Growth 212 LLC
since 2021
Last sale
$4.2M
7 recorded transactions
2021
$4.2M
2021
Price N/A
2021
$9,089
2018
$12,200
2018
Price N/A
2018
Price N/A
2017
$119,740
Zoning & alternative use
X · Lithonia, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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