Property summary
This exceptional 17,000-square-foot industrial property, situated on a 5-acre lot in Lithonia, Georgia, presents a compelling investment opportunity. The property boasts three distinct buildings strategically positioned off Covington Highway, less than half a mile from Interstate 20, ensuring excellent accessibility. The zoning is designated as Heavy Industrial, allowing for a wide range of potential uses. The buildings offer a diverse range of spaces, ideal for various industrial operations. Building one comprises 3,500 square feet, featuring a 30'x40' office and a 40'x40' shop with two 11'w x 12'h drive-in doors. Building two, a 6,000-square-foot drive-through structure, includes an 80'x80' shop with a reception area, tool lock-up, and five 12'w x 14'h drive-in doors. Finally, Building three offers 7,500 square feet, encompassing a 75'x40' shop with four 12'w x 13'h drive-in doors, an office, and a small bay warehouse space measuring 40'x95'. Three separate entrances from Covington Highway provide convenient access to all buildings. The asking price for this prime industrial property is $3,950,000.
Property profile
VerifiedCap rate & NOI
Current use
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Car Rental Facility
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Auto Parts Store
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Auto Repair Shop
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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Cap rate
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from $99/month
Derived from the Lithonia market rent, vacancy and expense benchmarks for this use type.
Price sensitivity
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Property tax & assessments
Tax year 2024Property description
Physical attributes from public recordsZoning & alternative use
M2 · Lithonia, GAZoning
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Zoning designation
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