Smyrna Retail/Office Building For
For Sale
$1,400,000
1154 Concord Road SE, Smyrna, GA 30080
COMMERCIAL - Smyrna, GA
Property Size4,300 SF
Lot Size0.33 Acres
Price / SF$325.58
Days on Market444
Property Features for 1154 Concord Road SE
General Information
Property type
Commercial Sale
Property subtype
Other
Parking features
Parking Lot
Lot features
City Lot, Corner Lot
Directions
Use GPS
Standard status
Active
APN
17048500300
Size
4,300 SF
Lot size
0.33 Acres
Taxes and HOA fees
Tax Year
24
Tax Annual Amount
6902
Utilities
Utilities
Cable Available
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Water source
Public
Building Details
Year built
1982
Building materials
Frame
Listing Agency:
Atlanta Communities
(770) 240-2004
Listed By:
Geoffrey Nagy
(770) 624-4562
Added: May 13, 2025
Changed: Apr 15
Last Checked: Jul 30 at 2:06PM
MLS# 10588750
Copyright © 2026 Georgia Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This +/-4,302 SF retail/office building is available for sale in Smyrna, Georgia. The upper level, currently a chiropractic office, features an open floor plan, multiple offices and treatment rooms, a reception area, a restroom, and a waiting area. It is available for owner occupancy or a sale-leaseback opportunity. The lower level, currently a framing business, includes a large open showroom, a work room/shop area, and a utility room with a restroom, a private rear entrance, and parking. This space is available for owner occupancy or for lease. The 0.33-acre property is located at a signalized intersection on Concord Road, with approximately 12,000 vehicles per day. It has access from both Concord and King Springs roads, 12 front parking spots, and a rear parking area. The owner is open to different occupancy options for both spaces.
Key Highlights
- Prime location in Smyrna, Georgia at a signalized intersection with high traffic volume.
- Two‑level building suitable for retail or office use with flexible occupancy options.
- Sale leaseback opportunity available for the upper level.
Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $94.4k | $21.96 |
| − Vacancy | −$8.0k | −$1.87 |
| EGI | $86.4k | $20.09 |
| − OpEx | −$25.9k | −$6.03 |
| NOI | $60.5k | $14.07 |
4,300 SF · lease $21.96/SF/yr · vacancy 8.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$864.0K
$756.0K – $1.01M
NOI $60,481 @ 7.0% cap · market cap 4.32%
Second Best
Office B
$822.6K
$719.8K – $959.7K
NOI $57,582 @ 7.0% cap · market cap 4.11%
Theoretical Best
Office A
$1.21M
$1.06M – $1.41M
NOI $84,521 @ 7.0% cap · market cap 6.04%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
898
Businesses Nearby
Explore this area
Business Placement
Demographics for 30080, GA
52,125
Population
27,081
Households
1.9
Avg Household Size
35
Median Age
58%
College-Educated
94%
High-School Grad
12.6 sq mi
ZIP Area
4,137
Density / Sq Mi
$87,949
Median Household Income
$59,267
Median Earnings
$1,660
Median Rent
$409,700
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Retail space - 4,302 SF retail/office building in prime Smyrna location.
Where is this retail space located?
The property is located at 1154 Concord Road SE Smyrna, GA.
What is the asking price?
The asking price for this property is $1,400,000.
What are key features of this property?
This property features: Prime location in Smyrna, Georgia at a signalized intersection with high traffic volume.; Two‑level building suitable for retail or office use with flexible occupancy options.; Sale leaseback opportunity available for the upper level.