4303 Communications Dr - Industrial LAND FOR SALE


Norcross, GA 30093 92,783 SF
$2,100,000 USD
678-429-6098
4303 Communications Dr, Norcross, GA for Sale
$2,100,000 USD
Industrial LAND - FOR SALE
1/1
92,783 SF

4303 Communications Dr
Norcross, GA 30093


HIGHLIGHTS

  • Paved, Fenced, Lit
  • Security System with Key Pad Entry
  • 53 Parking Spaces
  • Leases In Place
  • 7.87% Cap Rate on in place income

OVERVIEW

Location, Convenience, and Profitability – This property has it all! 20 minutes to the heart of metro Atlanta, Norcross offers a strategic advantage for businesses looking to establish a strong presence in the thriving industrial sector. Key Features: 53 Truck Parking Spots: Ample space to accommodate a fleet of trucks, making it an ideal location for logistics companies, trucking businesses, or any enterprise requiring spacious outdoor storage. Cash Flowing Investment: With an in place NOI of $165,168.72/yr this asset is priced at a 7.87% cap rate. Zoning: The current M-1 zoning classification allows outdoor storage, making it a seamless process for businesses to set up operations and take full advantage of the site's possibilities. Unbeatable Location: Situated less than a mile from the highly accessible i-85 and strategically positioned off Beaver Ruin Rd, this property ensures effortless transportation and easy connectivity to major transportation hubs. Flexible Lease Options: Lease agreements with a 30-day termination clause enable prospective tenants to scale up or down as needed, offering an attractive proposition for larger corporations seeking to lease on a per acre basis. Unlimited Potential: This opportunity is perfect for both seasoned investors looking to diversify their portfolio and ambitious owner-users seeking to expand their businesses. Whether you're looking to generate attractive returns on investment or seeking the perfect space to expand your business, this 2.13-acre industrial outdoor storage property is the answer you've been waiting for.

FOR SALE DETAILS

PRICE

$2,100,000 USD

PRICE/ACRE

$985,913/AC

PRICE/SF

$23 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

4303 Communications Drive

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Industrial

LAND PROPOSED USE

Industrial

LAND ACRES

2.13 AC

LAND SF

92,783 SF

OFFSITE IMPROVEMENTS

Electricity

ZONING

M-1

APN/PARCEL ID

R6201-019

ASK ABOUT THIS PROPERTY

Connor CohenCone Commercial Real EstateMore Info
678-429-6098

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Connor CohenCone Commercial Real EstateMore Info
678-429-6098

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.