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Property profile & analytics
OFF-MARKET Estimated value $5,460,000
Warehouses

4611 Greer Cir Stone Mountain, GA 30083-1024

87,336 SF 4.32 ac lot Built 1982
Entity Owned 12-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US22-0865323
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
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Buffalo Dallas Merchandise & Apparel Warehouse & Storage
  • Event Audio Visual Services Tech Support Center Rental Equipment Company
  • Area Wide Protective Building Supply General Contractor
  • Nth Degree Inc Professional Services
  • Pearl Edward Investments Financial Advisor
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$5.67M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$5.46M
Owner & transaction history
Greer Circle Mt LLC · 12 yrs held
Greer Circle Mt LLC
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
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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