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2509 Lovejoy Rd 3,456 SF Industrial Building Lovejoy, GA 30250 $3,550,000 ($1,027.20/SF) 5.68% Cap Rate
Investment Highlights
- 8.94 acres (6.5 +/- usable acres)
- 3,456 SF warehouse
- 1.5 +/- miles from Hwy 41
- LI zoning
- 121 Truck Parking Stalls
Executive Summary
BellStreet Commercial is pleased to present 2509 Lovejoy Road for sale. This IOS opportunity is located in the city of Lovejoy just south of Atlanta. The site is currently 81.8% occupied with a total of 121 truck parking stalls. Short term tenancy allows for great flexibility for any owner-user or investor. There is a 3,456 SF maintenance building with 5 drive-in doors. Total of 8.94 acres with 6.5+/- usable acres. Zoned LI, the property allows for a multitude of industrial uses. The site is equipped with outdoor lighting, is fenced, and graveled.
Property Facts
| Price | $3,550,000 | Lot Size | 8.94 AC |
| Price Per SF | $1,027.20 | Rentable Building Area | 3,456 SF |
| Sale Type | Investment or Owner User | No. Stories | 1 |
| Cap Rate | 5.68% | Year Built | 1982 |
| Property Type | Industrial | Tenancy | Single |
| Property Subtype | Truck Terminal | No. Drive In / Grade-Level Doors | 5 |
| Building Class | C | ||
| Zoning | LI - Light Industrial | ||
| Price | $3,550,000 |
| Price Per SF | $1,027.20 |
| Sale Type | Investment or Owner User |
| Cap Rate | 5.68% |
| Property Type | Industrial |
| Property Subtype | Truck Terminal |
| Building Class | C |
| Lot Size | 8.94 AC |
| Rentable Building Area | 3,456 SF |
| No. Stories | 1 |
| Year Built | 1982 |
| Tenancy | Single |
| No. Drive In / Grade-Level Doors | 5 |
| Zoning | LI - Light Industrial |
Amenities
- Fenced Lot
- Storage Space
Utilities
- Water
- Sewer - Septic Field
- Heating - Electric
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Property Taxes
| Parcel Number | 06-00157-165-014 | Improvements Assessment | $92,400 |
| Land Assessment | $125,160 | Total Assessment | $217,560 |
Property Taxes
Parcel Number
06-00157-165-014
Land Assessment
$125,160
Improvements Assessment
$92,400
Total Assessment
$217,560
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