Property profile

4611 Greer Cir Stone Mountain, GA 30083

OFF-MARKET
Warehouses
Property ID
US22-0865323
87,336 SF 4.32 ac lot Built 1982
Entity Owned 12-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 88,200 square foot industrial flex space in the Stone Mountain submarket offers a unique opportunity for businesses seeking immediate occupancy. The single-story, 1984-built building features 18-foot ceilings, providing ample vertical space for various uses. A total of 19,200 square feet is currently vacant and divisible into units as small as 9,200 square feet, with a maximum contiguous space of 19,200 square feet. The property boasts 24 dock-high doors and 9 drive-in doors, ensuring efficient loading and unloading. The extensive parking lot and truck court have recently been sealed and striped, providing ample space for vehicles. The building is equipped with a sprinkler system and features renovated offices and warehouse space. The exterior has recently undergone improvements including new paint and landscaping. The property is zoned M and benefits from excellent access to the Stone Mountain Freeway. Flexible lease terms are available, making this an ideal location for a variety of businesses. This is a rare opportunity to secure high-quality flex space in a desirable location with immediate availability.

Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1982
Construction WOOD FRAME
Total area 87,336 SF
Lot 4.32 ac (188,179 SF)
Zoning code X
APN 18 170 02 019
UPID US22-0865323

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
  • Warehouse & Storage
  • Tech Support Center Rental Equipment Company
  • Building Supply General Contractor
  • Professional Services
  • Financial Advisor

Location

4611 Greer Cir Stone Mountain, GA 30083-1024
Stone Mountain metro Census 21910 ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$5.67M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$5.79M

Owner & transaction history

since 2014
Last sale
$5.2M
3 recorded transactions
2014
$2.1M
2011
Price N/A
1969
Price N/A

Zoning & alternative use

X · Stone Mountain, 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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