Property profile

3289 Montreal Industrial Way Tucker, GA 30084

FOR SALE
Manufacturing properties
Property ID
US22-0291378
43,740 SF 15.14 ac lot Built 1965
Entity Owned 4-yr Hold Absentee Owner ~ Est. High Equity
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For Sale
Contact for pricing 43,740 SF
3289 Montreal Industrial Way, Tucker, GA 30084
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Property summary

AI-generated overview

This exceptional 86,129-square-foot industrial property, located at 3289 Montreal Industrial Way in Tucker, Georgia, presents a compelling owner-user opportunity. Situated on a generous 15.14-acre lot within DeKalb County, this property boasts convenient access to I-285 within 1.5 miles and direct adjacency to a CSX rail line, ensuring seamless logistics. Originally constructed in 1965 and extensively renovated in 2011, the building features approximately 75,000 square feet of efficient warehouse space, complemented by roughly 7,000 square feet of well-maintained office space. High ceilings (18 feet clear) throughout maximize usability. The property includes nine loading docks, six of which are dock-high, and three drive-in doors, facilitating efficient material handling. A significant advantage is the ample land area, offering potential for future expansion of the building or truck court. Further enhancing the property's functionality is a separate 2,245-square-foot metal storage building located on the south end of the parcel. The asking price is $9,905,000, translating to $115 per square foot. Occupancy is available November 1, 2024. This property represents a rare opportunity to acquire a well-maintained, strategically located industrial facility in the thriving Atlanta market. The combination of size, location, and amenities makes this an ideal investment for owner-occupants seeking a high-quality space to support their operations. The property's zip code is 30084.

Property profile

Verified
Property type Manufacturing properties
Use group MANUFACTURING (LIGHT)
Year built 1965
Total area 43,740 SF
Lot 15.14 ac (659,498 SF)
Zoning code X
APN 18 190 04 010
UPID US22-0291378

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
  • Big Box & Wholesale Store

Location

3289 Montreal Industrial Way Tucker, GA 30084
Tucker metro Census 21708 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
$3.00M
Blend (final) Blend
$2.57M

Owner & transaction history

since 2021
7 recorded transactions
2024
Price N/A
2021
$4.3M
2012
Price N/A
2011
$1.2M
2011
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

X · Tucker, 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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