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6500 Mcdonough Dr NW Norcross, GA 30093

Commercial real estate Google Maps
81,294 SF 8.03 ac lot Built 1986
Entity Owned 8-yr Hold Free & Clear
Estimated value (blended)
$1.61M
Range $1.44M – $1.77M (±10%)
Property ID US22-0077653

Property summary

AI-generated overview

This exceptional industrial property, located at 6500 McDonough Drive NW, Building B, in Norcross, Georgia (zip code 30093), offers a versatile warehouse and distribution space. The property boasts a total of 23,800 square feet across three single-story buildings, with 5,544 square feet currently available for lease. Built in 1988, the building features an impressive 18-foot ceiling height, ideal for various industrial uses. Tenants will benefit from convenient access to major transportation arteries, including immediate access to I-85 and I-285, ensuring efficient logistics and distribution. The property sits on a generous 8.03 acres of land and includes 10 drive-in doors for easy loading and unloading. The property is classified as a warehouse, distribution, and flex space, catering to a wide range of business needs. Situated in the Doraville submarket of Northeast Atlanta, this location provides excellent access to a thriving business community. This is a rare opportunity to secure a well-maintained industrial space in a highly desirable location. The available space totals 5,544 square feet, offering ample room for operations and storage. The property's multiple building configuration provides flexibility for various business models.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1986
Total area 81,294 SF
Lot 8.03 ac (349,787 SF)
Zoning code OI-OFFICE-INSTITUTIONAL
APN 6-194 -187
UPID US22-0077653

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
  • Business Management Consultant
  • Medical Clinic
  • Charitable Organization Social Service Agency
  • (Bike/Boat/Book/etc) Store Home Decor Store
  • Wellness Program

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.61M

Owner & transaction history

since 2018
6 recorded transactions
2018
$5.1M
2017
Price N/A
2015
$7.6M
2007
$36.7M
2004
$4.3M
1969
Price N/A

Zoning & alternative use

OI-OFFICE-INSTITUTIONAL · 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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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