Property profile

3120 Martin St East Point, GA 30344

OFF-MARKET
Warehouses
Property ID
US22-4566282
56,700 SF 13.15 ac lot Built 1950
Individually Owned 6-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

The Airport Fulfillment Center offers exceptional warehouse and flex space opportunities, ideally situated in Fulton County. This three-building industrial park boasts a prime location, less than two miles from Hartsfield-Jackson Atlanta International Airport and approximately 1.2 miles from I-85, providing unparalleled access to major transportation arteries. Currently, one space is available, ranging from 5,092 square feet to a maximum contiguous space of 11,962 square feet. The minimum divisible space is also 11,962 square feet, making it suitable for a variety of businesses. The property is classified as industrial, with a subtype encompassing warehouse, flex, and distribution uses, offering flexibility for diverse operational needs. The high ceilings, measuring 20 feet, provide ample vertical space for storage and operations. The property is multi-tenant, allowing for potential collaboration and shared resources. This strategic location, combined with the functional space and convenient access to major transportation hubs, makes the Airport Fulfillment Center an attractive option for businesses seeking efficient and well-connected industrial space in the Atlanta metropolitan area. This is a fantastic opportunity to establish a presence near one of the world's busiest airports.

Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1950
Total area 56,700 SF
Lot 13.15 ac (572,683 SF)
Zoning code R2
APN 14 013100060759
UPID US22-4566282

Cap rate & NOI

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

Location

3120 Martin St East Point, GA 30344-4395
East Point metro Census 11000 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
$7.04M

Owner & transaction history

since 2020
Last sale
$13.5M
6 recorded transactions
2020
$7.6M
2020
Price N/A
2020
$6.5M
2019
Price N/A
2019
Price N/A
2017
$3.7M

Zoning & alternative use

R2 · East Point, GA
Zoning description

The R2 District is intended to provide land areas devoted to medium density residential uses. The District also provides for closely related uses. Land areas zoned R-2 are further intended to provide a transition between…

General category RESIDENTIAL

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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