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Property profile & analytics
OFF-MARKET Estimated value $2,035,000
Flex space

687 Humphries SW St Atlanta, GA 30310-2125

30,851 SF 1.11 ac lot Built 1962
Entity Owned 4-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US22-0950175
Property summary
AI-generated overview

This exceptional South Atlanta industrial property offers ±28,150 square feet of leasable space within a larger ±50,525 square foot, two-building complex situated on 1.74 acres. The property, built in 1968, features a single-story building with a 16-foot ceiling height, providing ample vertical space for various industrial uses. Nine dock-high doors and one drive-in door ensure efficient loading and unloading operations. The layout includes approximately 1,500 square feet of office space, offering administrative convenience. Column spacing is 42 feet deep by 30 feet wide, allowing for flexible layout configurations. The property benefits from its strategic location near key transportation arteries, including I-75/85 and I-20, providing easy access to major thoroughfares. Its proximity to the Beltline, Lee + White development, the recently sold "Met" property, and the West End Mall redevelopment project highlights its position within a rapidly growing and revitalized area. The entire complex is also available for sale, and seller financing is available, presenting a compelling opportunity for both users and investors. Currently, a portion of the property is leased, generating existing income. This property is ideal for businesses seeking a well-located, functional, and adaptable industrial space in a thriving South Atlanta neighborhood.

Property profile
Verified
Property type Flex space
Use group LIGHT INDUSTRIAL
Year built 1962
Total area 30,851 SF
Lot 1.11 ac (48,134 SF)
Zoning code I2
APN 14 008600010304
UPID US22-0950175
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
  • Sullivan's Аррliance Rераir Home Appliance Store Hardware & Home Improvement
  • Holtzquip Inc Medical Supply Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$2.74M
Comparable Approach Comparable
by Request
Blend (final) Blend
$2.04M
Owner & transaction history
Ll Humphries Properties LLC · 4 yrs held
Ll Humphries Properties LLC
since 2021
7 recorded transactions
2021
Price N/A
2018
Price N/A
2018
Price N/A
2018
Price N/A
2014
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
I2 · Atlanta, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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