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    Zoned CR Standalone Flex Building Title is generated by Realmo AI

    1678 Dorsey Avenue, East Point, GA 30344

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    New
    For Lease
    $3,500/Mo $16 SF/Yr (calc)

    COMMERCIAL - East Point, GA

    Property size:
    2,615 SF
    Lot size:
    0.25 Acres
    Added:
    Jun 5, 2026
    Days on Market:
    3
    Last Refresh:
    Jun 7 at 2:06 pm

    Property Features for 1678 Dorsey Avenue

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Zoning
    CR
    Parking
    12
    Parking features
    Parking Lot
    Security features
    Security Lighting
    Window features
    Window Treatments, Double Pane Windows
    Interior features
    Living Space Available, Recessed Lighting, Restrooms
    Fencing
    Fenced, Perimeter, Gate, Privacy
    Standard status
    Active
    APN
    14 015700120693
    Lot size
    0.25 Acres

    Utilities

    Utilities
    Cable Available
    Heating system
    Electric (Heating)
    Cooling system
    Electric, Central Air, Ceiling Fan(s)

    Building Details

    Year built
    1945
    Floors in Building
    2
    Flooring type
    Hardwood, Tile - Ceramic, Carpet
    Building materials
    Brick, Vinyl Siding
    Roof type
    Asphalt

    We can help!

    Listing Contact
    Jilysia Jones

    Listing agent Jilysia Jones

    Listing office Virtual Properties Realty.com 2750 Premiere Pkwy Suite 200, Duluth, GA

    Listing date Jun 5, 2026

    MLS# 7783707

    Copyright © 2026 First Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • 2615 sq. ft. standalone 1.5‑story building zoned CR (Commercial Redevelopment)
    • Fenced and gated backyard with space for secure parking for approx. 10–12 cars; adjacent business may allow additional parking with permission (tenant to verify)
    • Walking distance to East Point MARTA Train Station and close to downtown East Point
    • Less than 5 mi / 10 min drive to Hartsfield‑Jackson airport
    • Interior includes 4 offices plus a large downstairs common area and an upstairs loft/flex space
    • Full kitchen with island, SS appliances, and granite countertops, plus 3 full bathrooms

    Overview

    This 1.5-story standalone building is zoned CR (Commercial Redevelopment) and offers a versatile setup for a range of service and retail concepts. The space includes four offices, a large downstairs common area, and a well-appointed upstairs loft or flex area. A full kitchen with an island, stainless steel appliances, and granite countertops is built into the layout, and the building has three full bathrooms.

    The property sits in East Point, Georgia, with proximity to Hartsfield Jackson airport—within a 5-mile/10-minute drive per the listing remarks. It is also described as being within walking distance to the East Point MARTA Train Station and near downtown East Point.

    For tenants seeking a standalone facility with both work areas and adaptable space, this configuration supports professional offices as well as other CR-eligible uses cited in the City of East Point Municode, including retail, childcare, photography or dance studio, and service-oriented businesses. The completely fenced and gated backyard is designed for secure parking, with ample space for approximately 10–12 cars, and potential for additional parking may be available depending on permission from the business next door (tenant to verify).
    Property Profile Location Intelligence

    Current Use by Public Records

    Office buildings

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    East Point
    County
    Fulton
    State
    Georgia
    Longitude
    -84.443705
    Latitude
    33.676896

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    FAQs

    What type of property is this?
    Office building - Fenced, gated backyard provides secure parking and a flexible interior layout for office or specialty uses.
    Where is this office building located?
    The property is located at 1678 Dorsey Avenue East Point, GA.
    What is the lease rate?
    The lease rate is $3,500 /Mo.
    What are key features of this property?
    This property features: 2615 sq. ft. standalone 1.5‑story building zoned CR (Commercial Redevelopment); Fenced and gated backyard with space for secure parking for approx. 10–12 cars; adjacent business may allow additional parking with permission (tenant to verify); Walking distance to East Point MARTA Train Station and close to downtown East Point
    (770) 495-5050
    We can help!
    Listing Contact
    Jilysia Jones
    Request Owner's contact information
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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.

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