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Smyrna Renovated Commercial Property

1651 Donna Lynn Drive Smyrna, GA 30080

1651 Donna Lynn Drive, Smyrna, GA, 30080
$379,900
Pending
For Sale
$379,900
Pending

COMMERCIAL - Smyrna, GA

Property Size1,075 SF
Lot Size0.26 Acres
Days on Market163

Property Features for 1651 Donna Lynn Drive

General Information

Property type
Commercial Sale
Property subtype
Other
Parking
2
Parking features
Parking Lot
Standard status
Pending
APN
17063200250
Size
1,075 SF
Lot size
0.26 Acres

Taxes and HOA fees

Tax Year
2025
Tax Annual Amount
2204

Utilities

Utilities
Water Available
Sewer type
Public Sewer
Heating system
Forced Air
Cooling system
Central Air
Water source
Public

Building Details

Year built
1954
Flooring type
Carpet, Laminate
Building materials
Vinyl Siding
Roof type
Composition
Listing Agency RE/MAX Pure
48 Polk Street, Marietta, GA
Listed by Wendy R Bunch · License #178121
Added: Feb 6 Checked: Jul 19 at 3:06 am
MLS# 10686889

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.

Located in Smyrna, this renovated property offers a prime level lot with future development potential. The property has been fully renovated, including new appliances, flooring, cabinets, bathrooms, faucets, lighting, and fresh interior and exterior paint. The property is move-in ready. Situated in Cobb County, the property has a RES-NEC (Residential Neighborhood Activity Center) land use designation, designed to support medium-density residential development while allowing for nearby small-scale commercial or office uses. This designation encourages a mix of housing options such as townhomes, apartments, or small-lot single-family homes and serves as a transition between commercial hubs and residential neighborhoods. The property is suitable for homeowners, investors, future builders, and small business or office use. It is located less than three miles from The Battery, Truist Park, Cumberland Mall, dining, entertainment, and village coffee shops. The property includes a large storage shed and a usable lot with space to expand or redevelop. The lot size is 0.259 acres and the property size is 1075 square feet.

Key Highlights

  • Prime Smyrna location, minutes from The Battery, Truist Park, Cumberland Mall, dining, and entertainment.
  • Fully renovated with new appliances, flooring, cabinets, bathrooms, faucets, lighting, and fresh paint.
  • Level lot with RES‑NEC land use designation offering future development potential.

Local 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 $23.6k $21.96
− Vacancy −$2.0k −$1.87
EGI $21.6k $20.09
− OpEx −$6.5k −$6.03
NOI $15.1k $14.07
1,075 SF · lease $21.96/SF/yr · vacancy 8.50% · expense 30.00%

Alternative Uses

Best Use
Retail
$216.0K
$189.0K – $252.0K (±1% cap)
NOI $15,120 @ 7.0% cap · market cap 3.98%
Second Best
Office B
$205.6K
$179.9K – $239.9K (±1% cap)
NOI $14,395 @ 7.0% cap · market cap 3.79%
Theoretical Best
Office A
$301.9K
$264.1K – $352.2K (±1% cap)
NOI $21,130 @ 7.0% cap · market cap 5.56%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Office Units

Suggested Use

Law Firm Pharmacy Parking Lot & Garage Building Supply Auto Parts Store Restaurant Computer & Electronic Repair Furniture & Home Goods Big Box & Wholesale Store (Bike/Boat/Book/etc) Store

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

FAQs

What type of property is this?
Office units - Fully renovated Smyrna property with development potential near Atlanta.
Where is this office units located?
The property is located at 1651 Donna Lynn Drive Smyrna, GA.
What is the asking price?
The asking price for this property is $379,900.
What are key features of this property?
This property features: Prime Smyrna location, minutes from The Battery, Truist Park, Cumberland Mall, dining, and entertainment.; Fully renovated with new appliances, flooring, cabinets, bathrooms, faucets, lighting, and fresh paint.; Level lot with RES‑NEC land use designation offering future development potential.
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More about this property
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