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4303 Communications Dr
Norcross, GA 30093

$2,100,000 USD

Land For Sale  •  2.13 AC

Property Details

  • Property Type Land
  • Lot Size 2.13 AC
  • Zoning M-1
0 Transit Score
30 Walk Score

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.

Highlights

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

Property Flyers

Public Transportation

AirportDriveWalkDistance
Hartsfield-Jackson Atlanta International 36 min - 31.0 mi
Connor Cohen 678-429-6098 Cone Commercial Real Estate
Connor Cohen 678-429-6098 Cone Commercial Real Estate