Property profile

5390 Peachtree Industrial Blvd Norcross, GA 30071

FOR LEASE
Commercial real estate
Property ID
US22-0642489
15,829 SF 1.39 ac lot Built 1985
Entity Owned 6-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional 11,578 square foot creative office space, located in the desirable Peachtree Corners/Norcross submarket, presents a unique leasing opportunity. Situated on 1.39 acres and boasting a prime location near Medlock Bridge Road, this two-story building offers flexible layouts to accommodate a variety of businesses. Built in 1986 and extensively renovated in 2020, the property features high exposed ceilings and an open floor plan, complemented by existing offices, conference rooms, smaller classrooms, and a fully equipped commercial kitchen. The space is zoned C2 - General Commercial, allowing for diverse uses such as adult education facilities, banquet halls, community centers, conference centers, daycare or senior centers, dance studios, or showrooms. The property is available as a single unit, with a minimum leasable area of 3,897 square feet and a maximum contiguous space of 11,578 square feet. Ample parking is provided with 63 spaces. This versatile property offers a blend of modern amenities and character, making it an ideal location for a variety of businesses seeking a unique and functional workspace. The property is currently vacant and ready for immediate occupancy.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1985
Construction WOOD
Total area 15,829 SF
Lot 1.39 ac (60,548 SF)
Zoning code C2-GENERAL BUSINESS
APN 6-271 -439
UPID US22-0642489

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
  • Law Firm
  • (Bike/Boat/Book/etc) Store Printing Service
  • Adult Day Care
  • Medical Clinic
  • Alternative Medicine Practice

Location

5390 Peachtree Industrial Blvd Norcross, GA 30071
Norcross metro Census 50311 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
$1.56M
Blend (final) Blend
$635k

Owner & transaction history

since 2020
7 recorded transactions
2023
Price N/A
2020
Price N/A
2019
$1.5M
2013
Price N/A
2012
$750,000
2010
$1.4M
2007
Price N/A

Zoning & alternative use

C2-GENERAL BUSINESS · Norcross, 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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