138 Holland DrPendergrass, GA 30567

Property Details for 138 Holland Dr

Lot size

12.21 AC

Zone code

I

Property type

Land

Property subtype

Commercial land

APN

092 005I1

APU

092005I1

Description

This exceptional 7-acre lot, located at 138 N Holland Dr, Pendergrass, GA 30567 (APN: 092 005I1), presents a prime investment opportunity in the Northeast Atlanta Industrial submarket. Zoned for industrial use, this newly developed (2023) property offers 188 paved stalls for outdoor storage and boasts institutional-grade quality. The land is part of Pendergrass Park, a larger development strategically situated along the I-85 N corridor, an area experiencing significant growth and a shortage of outdoor storage facilities. The property's location provides easy access to major transportation routes. The land is priced at $707,142 per acre, offering a pro-forma cap rate of 9.84%. Ownership is held by Stockage Industrial Group. This is a rare opportunity to acquire a high-quality, ready-to-use industrial outdoor storage asset in a rapidly developing market. The property is ideal for businesses requiring secure, paved outdoor storage space. This is a build-to-suit opportunity, allowing for customization to meet specific tenant needs. The property is a strong investment with excellent potential for future appreciation.

• Alternative Use

  Use

  Valuation

  Residential

  $106,838,720

  Hospitality

  $97,863,696

  Educational

  $81,421,448

  Medical

  $84,221,656

  Retail

  $126,655,584

Location Insight

City

Pendergrass

County

Jackson

State

Georgia

Latitude

34.1529

Longitude

-83.6652

CBSA code

27600

CBSA name

JEFFERSON, GA MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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