687 Humphries SW St Atlanta, GA 30310-2125
- Flex space
- 30,851 SF
- 1.11 lot acres
Current Use by Public Records
- Sullivan's Аррliance Rераir / Appliance Store / Appliance Repair Service
- Holtzquip Inc / Medical Supply Store
Property Details for 687 Humphries SW St
- Year built
- 1962
- Lot size
- 1.11 lot acres
- Property size
- 30,851 SF
- Zone code
- I2
- Property type
- Flex space
- APN
- 14 008600010304
- APU
- 14008600010304
Description
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.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $560,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $715,000
- 6.5%
- $735,000
- 7%
- $700,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $855,000
- Geo Method
- $825,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $690,000
- Retail
- $660,000
- Mixed-Use
- $845,000
- Hospitality
- $650,000
- Educational
- $820,000
- Residential Income
- $690,000
- Energy
- $875,000
- Income-Based Land
- $720,000
- Food Service
- $750,000
Location Insight
- Map
- Local Demand
- City
- Atlanta
- County
- Fulton
- State
- Georgia
- Longitude
- -84.4054
- Latitude
- 33.7363
- CBSA code
- 12060
- CBSA name
- ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA