Property summary
This exceptional value-add investment opportunity presents a fully occupied, 8,450 square foot industrial property situated on a 1.28-acre lot in Lithonia, Georgia. The property, located at 7544 Conyers St, 30058, features four single-story buildings constructed in 1951 and renovated in 1990. The property boasts a 100% occupancy rate, with the current tenant, T or D Machine Works INC, operating a successful machining business since November 9, 2022, specializing in plastics and metals. The sale includes the ongoing business. The property is zoned M and includes two dock-high doors. With a total of 55,757 square feet of land, the land value alone is estimated at $140-$160 per square foot. The asking price is $1,100,000, translating to $130.18 per square foot of building space. This presents a unique opportunity to acquire a well-located, income-generating industrial property with significant potential for future growth and development. The property's strong tenant occupancy and established business operations provide immediate cash flow, while the expansive lot size offers considerable flexibility for expansion or redevelopment. The property's location in DeKalb County, Georgia, offers convenient access to major transportation routes and a skilled workforce. The APN is 16-152-12-023. This is a rare chance to acquire a turnkey industrial property with an established business.
Property profile
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Current use
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Industrial Manufacturer
Location
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Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property tax & assessments
Tax year 2024Property description
Physical attributes from public recordsZoning & alternative use
M · Lithonia, GAZoning
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Zoning designation
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