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Property profile & analytics
FOR LEASE
Warehouses

4344 Shackleford Rd Norcross, GA 30093

52,000 SF 3.77 ac lot Built 1974
Entity Owned 2-yr Hold Free & Clear
Property ID
US22-0076107
Property summary
AI-generated overview

This single-tenant industrial property, located at 4344 Shackleford Road in Norcross, Georgia (Gwinnett County), offers 52,924 square feet of flexible space ideal for warehouse or distribution operations. The building, constructed in 1975, is a one-story structure with a 20-foot ceiling height, providing ample vertical space for storage. The property features 10 dock-high doors and one drive-in door, ensuring efficient loading and unloading. With 52 total parking spaces, ample room is available for employees and visitors. The property sits on 3.56 acres of land, boasting a building floor area ratio (FAR) of 0.34. The zoning is LI (Light Industrial). Its strategic location offers convenient access to major transportation arteries, including proximity to I-85 (approximately 2 miles), I-285 (approximately 8 miles), I-20 (approximately 20 miles), and Hartsfield-Jackson International Airport (approximately 32 miles). The property is currently vacant, presenting a unique opportunity for immediate occupancy. The building is classified as Class C. This property represents a compelling investment opportunity in the Northeast Atlanta submarket.

Property profile
Verified
Property type Warehouses
Use group STORAGE YARD, OPEN STORAGE
Year built 1974
Total area 52,000 SF
Lot 3.77 ac (164,221 SF)
Zoning code M1-LIGHT INDUSTRY
APN R6201 014
UPID US22-0076107
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
Current use
Occupant on record · Public records
  • Best Value Office Furniture Furniture & Home Goods Home Decor Store
  • Nefab Packaging South East, LLC Industrial Manufacturer Production Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$31.44M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$31.44M
Owner & transaction history
Atlas Atlanta 2 Shackleford LLC · 2 yrs held
Atlas Atlanta 2 Shackleford LLC
since 2024
Last sale
$31.4M
7 recorded transactions
2024
Price N/A
2024
$31.4M
2021
Price N/A
2019
$71.3M
2013
Price N/A
2007
$2.6M
2007
$2.6M
Zoning & alternative use
M1-LIGHT INDUSTRY · Norcross, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant $27.1M +134.9%
Auto repair, garage $23.2M +101.8%
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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