This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
4303 Communications Dr - 4303 Communications Drive
2.13 Acres of Industrial Land Offered at $2,986,473 CAD in Norcross, GA 30093
Investment Highlights
- Paved, Fenced, Lit
- 53 Parking Spaces
- 7.87% Cap Rate on in place income
- Security System with Key Pad Entry
- Leases In Place
Data Room Click Here to Access
Financial Summary (Actual - 2024) Click Here to Access |
Annual (CAD) | Annual Per AC (CAD) |
---|---|---|
Gross Rental Income | $99,999 | $9.99 |
Other Income | - | - |
Vacancy Loss | - | - |
Effective Gross Income | $99,999 | $9.99 |
Taxes | - | - |
Operating Expenses | - | - |
Total Expenses | $99,999 | $9.99 |
Net Operating Income | $99,999 | $9.99 |
Financial Summary (Actual - 2024) Click Here to Access
Gross Rental Income (CAD) | |
---|---|
Annual | $99,999 |
Annual Per AC | $9.99 |
Other Income (CAD) | |
---|---|
Annual | - |
Annual Per AC | - |
Vacancy Loss (CAD) | |
---|---|
Annual | - |
Annual Per AC | - |
Effective Gross Income (CAD) | |
---|---|
Annual | $99,999 |
Annual Per AC | $9.99 |
Taxes (CAD) | |
---|---|
Annual | - |
Annual Per AC | - |
Operating Expenses (CAD) | |
---|---|
Annual | - |
Annual Per AC | - |
Total Expenses (CAD) | |
---|---|
Annual | $99,999 |
Annual Per AC | $9.99 |
Net Operating Income (CAD) | |
---|---|
Annual | $99,999 |
Annual Per AC | $9.99 |
Property Facts Under Contract
Price | $2,986,473 CAD | Property Subtype | Industrial |
Sale Type | Investment or Owner User | Proposed Use | Industrial |
No. Lots | 1 | Total Lot Size | 2.13 AC |
Property Type | Land |
Price | $2,986,473 CAD |
Sale Type | Investment or Owner User |
No. Lots | 1 |
Property Type | Land |
Property Subtype | Industrial |
Proposed Use | Industrial |
Total Lot Size | 2.13 AC |
1 Lot Available
Lot
Price | $2,986,473 CAD | Lot Size | 2.13 AC |
Price Per AC | $1,402,100 CAD |
Price | $2,986,473 CAD |
Price Per AC | $1,402,100 CAD |
Lot Size | 2.13 AC |
Description
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.
PROPERTY TAXES
Parcel Number | 6-201-019 | Improvements Assessment | $1,289,183 CAD (2023) |
Land Assessment | $591,573 CAD (2023) | Total Assessment | $1,880,757 CAD (2023) |
PROPERTY TAXES
zoning
Zoning Code | M-1 (Light Industrial) |
M-1 (Light Industrial) |
Presented by
4303 Communications Dr - 4303 Communications Drive
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.