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Property profile & analytics
OFF-MARKET Estimated value $575,000
Warehouses

6450 Old Hillandale Dr Lithonia, GA 30058-7618

16,516 SF 1.8 ac lot Built 1972
Entity Owned 4-yr Hold Absentee Owner Free & Clear
Property ID
US22-0174935
Property summary
AI-generated overview

This exceptional industrial property, located at 6450-6456 Old Hillandale Drive in the Snapfinger/I-20 East submarket, offers a prime opportunity for businesses seeking warehouse, flex, or distribution space. The single-story building, constructed in 1972, boasts a total of 16,000 square feet, with 4,000 square feet currently available for lease. The property sits on a generous 1.8 acres of land and is zoned M. The warehouse features a desirable 16-foot ceiling height, providing ample vertical storage capacity. Convenient loading and unloading is ensured with 5 dock-high doors and 7 drive-in doors. This multi-tenant building offers immediate access to I-20 East, providing excellent connectivity for regional and national distribution. The property's location within the Snapfinger submarket provides access to a robust workforce and established infrastructure. This is an ideal space for a variety of industrial uses, offering a blend of functionality and strategic location. The available 4,000 square feet presents a unique opportunity to establish or expand your business in a thriving industrial area. Contact us today to learn more about this exceptional property.

Property profile
Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1972
Total area 16,516 SF
Lot 1.8 ac (78,408 SF)
Zoning code M
APN 16 105 04 003
UPID US22-0174935
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
  • atlanta tru custom Auto Repair Shop
  • Dr. Isla Brooks Dental Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$565k
CAP Approach CAP
by Request
Comparable Approach Comparable
$595k
Blend (final) Blend
$575k
Owner & transaction history
Ci Growth 212 LLC · 4 yrs held
Ci Growth 212 LLC
since 2021
Last sale
$549,565
7 recorded transactions
2021
$549,565
2021
$3.1M
2021
$7,980
2018
Price N/A
2017
Price N/A
2017
$188,923
2016
Price N/A
Zoning & alternative use
M · Lithonia, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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