Peachtree Corners, GA 30071
This exceptional commercial property, located at 853 S Peachtree St in Norcross, Georgia (30071), presents a unique investment opportunity. The property encompasses a 16,700 square foot building on a 2.37-acre lot, featuring seven individual units ideal for a variety of uses, including auto shops, distribution centers, and pharmacies. The main building, constructed in 2004 with a new roof, offers 15,500 square feet of space, complemented by a 1200 square foot loft addition completed in 2015. Six units measure 1200 square feet each, while one larger unit boasts 9,000 square feet. The building features 21-foot high ceilings, concrete flooring, and a concrete perimeter foundation. HVAC systems include central air conditioning and forced-air heating. Electrical service is 220 volts. Accessibility is ensured with accessible entrances and doors. The property benefits from a convenient location with direct access to Jimmy Carter Boulevard and Buford Highway, and is minutes away from major interstates I-85, I-285, and GA-400, as well as Peachtree Industrial Boulevard. The property is zoned Commercial (Com). The asking price is $2,995,000. This multi-tenant building with bay doors on the rear of each unit offers significant potential for investors seeking a strong return in a high-demand area.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
C2-GENERAL BUSINESS · Peachtree Corners, GAPeachtree Corners. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.