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Property profile & analytics
OFF-MARKET Estimated value $940,000
Warehouses

3111 Ponce De Leon Ave Scottdale, GA 30079-1229

9,542 SF 0.69 ac lot Built 1975
Individually Owned 5-yr Hold ~ Est. High Equity
Property ID
US22-0918602
Property summary
AI-generated overview

This Decatur, Georgia industrial property offers 16,000 square feet of warehouse space, currently fully vacant and ready for immediate occupancy. Situated on 1.5 acres, the property features two buildings: a 6,500-square-foot front building with an additional 3,000 square feet of office space, and a 6,500-square-foot rear warehouse building. The property boasts 0.7 acres of outdoor storage, enhancing its functionality. Internal features include multiple private offices, break rooms, training/conference areas, bathrooms with showers, storage rooms, lobbies, and open space areas. Recent upgrades include a new HVAC system and LED lighting. Exterior improvements include a fully fenced and gated secure perimeter with remote access entry. The warehouse benefits from three loading docks, three dock-high doors, and five drive-in doors, along with ample parking for 45 vehicles. The property has a 20-foot ceiling height, 200 feet of frontage on E Ponce De Leon Ave, and is served by 220v/600a 3-phase power. The property is classified as Class B, built in 1975, and zoned M. Property taxes are $1.70 per square foot. Located in the Decatur submarket of Scottdale, Georgia (zip code 30079), this property presents a compelling opportunity for businesses seeking efficient and well-maintained warehouse space. The property's APN is 18 009 10 020

Property profile
Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1975
Total area 9,542 SF
Lot 0.69 ac (29,882 SF)
Zoning code M
APN 18 009 10 010
UPID US22-0918602
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
$885k
CAP Approach CAP
$1.08M
Comparable Approach Comparable
$1.17M
Blend (final) Blend
$940k
Owner & transaction history
Joseph C Gargiulo · 5 yrs held
Joseph C Gargiulo
since 2021
Last sale
$840,963
3 recorded transactions
2021
$840,963
1969
Price N/A
1969
Price N/A
Zoning & alternative use
M · Scottdale, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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