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    The Largest CRE Database in the US with Over 1 Million Listings

    131 Village Pkwy NE, Unit 4 Marietta, GA 30067

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    For Sale
    Contact for pricing

    Commercial - Marietta, GA

    Property size:
    6,027 SF
    Lot size:
    0.14 Acres
    Days on Market:
    31
    Last Refresh:
    Feb 7 at 4:06 pm

    Property Features for 131 Village Pkwy NE

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Size
    6,027 SF
    Lot size
    0.14 Acres

    Utilities

    Heating system
    Central, Electric (Heating)
    Cooling system
    Central Air

    Building Details

    Year built
    1982
    Flooring type
    Hardwood, Tile
    Roof type
    Composition
    Architectural style
    Other

    We can help!

    Listing Contact
    Syreeta Wigginton
    Syreeta Wigginton

    Berkshire Hathaway HomeServices Georgia Properties (770) 692-8050

    Listing agent Syreeta Wigginton (770) 692-8050

    Listing date Jan 8, 2026

    MLS# 10668513 Listing URL

    Copyright © 2026 Berkshire Hathaway HomeServices Georgia Properties. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Versatile Office Building in Marietta

    Located in the Villages at Papermill, this 6,027 square foot building offers a desirable professional community setting. The property is suitable for medical practices, wellness providers, legal professionals, creative firms, training centers, and other businesses. The building features three floors, each approximately 2,000 square feet, which can be leased in various configurations: a single full floor, two floors, or the entire building. Each level is designed for efficiency and privacy, allowing tenants to operate multiple divisions or sublease floors. The property includes three private entrances, suitable for multi-tenant setups or confidential client access. The interiors are clean and move-in ready. Each floor features a welcoming reception area, multiple private offices, open collaborative areas, two bathrooms, and a break room/kitchen equipped with an oven, microwave, and refrigerator. Additional amenities include a mailroom, a secure package area, and dedicated conference rooms. The lower level includes a large training hall with a projector, white screen, and flexible seating options. The property has high visibility, easy access to major roads, and walkable amenities such as restaurants, professional services, and shops. It is suitable for medical suites, corporate offices, therapy centers, or a multi-floor headquarters.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Grace Ministries International Counselor FedEx Drop Box Postal Service

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Marietta
    County
    Cobb
    State
    Georgia
    Longitude
    -84.414598
    Latitude
    33.949898

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    FAQs

    What type of property is this?
    Office building - Well-maintained office building suitable for various professional and medical uses.
    Where is this office building located?
    The property is located at 131 Village Pkwy NE, Unit 4 Marietta, GA.
    What is the asking price?
    The asking price for this property is $7,000.
    What are key features of this property?
    This property features: - Versatile 6,027 SF building with flexible space options.; - Medical-ready layouts ideal for exam rooms, therapy rooms, and consultation offices.; - Three private entrances enabling multi-tenant setups.
    (678) 276-9511
    Request Owner's contact information
    131 Village Pkwy NE, Unit 4 Marietta, GA 30067
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    Marietta, GA 30067
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    131 Village Pkwy NE, Unit 4 Marietta, GA 30067
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    We can help!
    Listing Contact
    Syreeta Wigginton
    Syreeta Wigginton
    (678) 276-9511
    Learn more
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