Habif Properties Announces Acquisition of 1.8 Acres of Heavy Industrial Property in Atlanta
Habif Properties is pleased to announce the acquisition of 408 Sawtell Avenue SE, a 1.8-acre Heavy Industrial property located within the City of Atlanta. Habif Properties identified the investment opportunity and negotiated the purchase on behalf of the ownership group, which acquired the property through two separate parcel transactions. Habif Properties will oversee leasing and property management.
The acquisition aligns with our long-standing investment strategy of identifying underutilized industrial properties with flexible uses, limited competition, and long-term appreciation potential. Zoned I-2 Heavy Industrial, the property is particularly well suited for Industrial Outdoor Storage (IOS), an increasingly sought-after asset class accommodating contractors, equipment storage, fleet operations, building materials, and other industrial uses.
The property features a secure, fenced and gated yard, a private concrete driveway, approximately 8,000 square feet of covered and enclosed storage, and a separate 600-square-foot garage structure. Its low building coverage maximizes usable outdoor space, offering a configuration that is increasingly difficult to replicate within Atlanta's urban core.
Of particular significance, Habif Properties also controls the adjacent 1.8-acre Heavy Industrial property at 412 Sawtell Avenue. Together, these properties represent approximately 3.6 contiguous acres of Heavy Industrial land, creating a unique opportunity for future assemblage, repositioning, or redevelopment.
As Atlanta continues to grow and industrial land faces increasing competition from residential, commercial, and mixed-use development, properties with Heavy Industrial zoning have become increasingly scarce. The ability to assemble meaningful acreage with this zoning inside the city limits represents a strategic long-term investment opportunity.
Habif Properties has extensive experience acquiring, repositioning, leasing, and managing industrial properties throughout Metro Atlanta. Our investment philosophy emphasizes functional real estate, flexible tenant uses, and the ability to recognize opportunities that may be overlooked by conventional investors.
Habif Properties is actively marketing the newly acquired 1.8-acre property for lease. The site offers a rare combination of Heavy Industrial zoning, secure outdoor storage, covered structures, and convenient access to Atlanta's transportation network.
