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- LoopNet Team
4303 Communications Dr
Norcross, GA 30093
4303 Communications Drive · Land For Sale
·
2.13 AC

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
PROPERTY FACTS
| Property Type | Land | Proposed Use | Industrial |
| Property Subtype | Industrial | Total Lot Size | 2.13 AC |
| Zoning | M-1 - Light Industrial | ||
| Property Type | Land |
| Property Subtype | Industrial |
| Proposed Use | Industrial |
| Total Lot Size | 2.13 AC |
| Zoning | M-1 - Light Industrial |
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 | 6-201-116 | Improvements Assessment | $22,680 |
| Land Assessment | $222,280 | Total Assessment | $244,960 |
PROPERTY TAXES
Listing ID: 29057703
Date on Market: 7/20/2023
Last Updated:
Address: 4303 Communications Dr, Norcross, GA 30093
The Land Property at 4303 Communications Dr, Norcross, GA 30093 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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