Technical
Financial
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Property profile

7544 Conyers St Lithonia, GA 30058

OFF-MARKET
Warehouses
Property ID
US22-0032858
3,000 SF 1.28 ac lot Built 1951
Individually Owned 21-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

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

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1951
Total area 3,000 SF
Lot 1.28 ac (55,757 SF)
Zoning code M
APN 16 152 12 023
UPID US22-0032858

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
  • Industrial Manufacturer

Location

7544 Conyers St Lithonia, GA 30058-4247
Lithonia metro Census 23317 ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$265k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$265k

Owner & transaction history

1 recorded transaction
1969
Price N/A

Zoning & alternative use

M · Lithonia, 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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