Freestanding Office
For Sale
$2,200,000
574 Conyers Road, Loganville, GA 30052
Commercial Sale, Loganville, GA
Property Size12,000 SF
Lot Size1.52 Acres
Price / SF$183.33
Days on Market296
Property Features for 574 Conyers Road
General Information
Property type
Commercial Sale
Property subtype
Office
Parking
43
Parking features
Parking Lot
Lot features
Business Park, Level
Directions
Use GPS. Hwy 78 East through Loganville. Right by Loganville library. Go half a mile on Hwy 20 and the property will be on left.
Standard status
Active
APN
LG060124
Size
12,000 SF
Lot size
1.52 Acres
Taxes and HOA fees
Tax Year
2024
Tax Annual Amount
19380
Utilities
Utilities
Water Available
Sewer type
Public Sewer
Heating system
Central, Natural Gas, Forced Air
Cooling system
Central Air
Water source
Public
Amenities
conference rooms
kitchettes
reception area
Building Details
Year built
2004
Flooring type
Hardwood, Carpet
Building materials
Frame
Roof type
Tile
Listing Agency:
Keller Williams Realty Atl. Partners
(678) 808-1300
Listed By:
Deborah Ayeni · License #204461
(404) 368-3469
Added: Nov 10, 2025
Changed: Sep 1
Last Checked: Sep 2 at 6:06PM
MLS# 10641968
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.
Built in 2004, this freestanding office property contains 12,000 square feet on a 1.52-acre parcel. The layout includes more than 20 individual offices, reception space, conference rooms, kitchenettes, and an elevator, with a hallway-oriented interior and natural light. Hardwood and carpet flooring are installed throughout, while central air, natural gas heating, and forced-air systems serve the building.
The property provides 40 parking spaces in an on-site lot and benefits from road frontage. Public water and public sewer serve the site, with water available as a listed utility. The building features frame construction and a tile roof, offering a defined office configuration for multiple business arrangements.
The property provides 40 parking spaces in an on-site lot and benefits from road frontage. Public water and public sewer serve the site, with water available as a listed utility. The building features frame construction and a tile roof, offering a defined office configuration for multiple business arrangements.
Key Highlights
- 12,000 square feet of office space on 1.52 acres
- More than 20 individual offices plus reception and conference areas
- 40 parking spaces in an on‑site parking lot
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$160,693
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.30%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$3,213,860
$3.2M
Cap Rate 7%
$2,295,614
$2.3M
Cap Rate 9%
$1,785,478
$1.8M
Market Conditions
NOI Build-Up for 12,000 SF
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.
Gross rent
$286.4K $23.87/SF
− Vacancy
−$72.2K −$6.02/SF
EGI
$214.3K $17.85/SF
− OpEx
−$53.6K −$4.46/SF
NOI
$160.7K $13.39/SF
Area
Walton County, GA
Vacancy
25.20%
Lease Rate
$23.87 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$3,213,860
Cap Rate 7%
$2,295,614
Cap Rate 9%
$1,785,478
Alternative Uses
Best Use
Office B
$2.30M
$2.01M – $2.68M
NOI $160,693 @ 7.0% cap · market cap 7.30%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.37M
$2.95M – $3.93M
NOI $235,872 @ 7.0% cap · market cap 10.72%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
600
Businesses Nearby
Explore this area
Business Placement
Demographics for 30052, GA
74,442
Population
26,768
Households
2.8
Avg Household Size
37
Median Age
31%
College-Educated
91%
High-School Grad
88.9 sq mi
ZIP Area
837
Density / Sq Mi
$90,567
Median Household Income
$43,034
Median Earnings
$1,749
Median Rent
$325,200
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Multi-suite workspace includes reception, conference rooms, kitchenettes, natural light, and elevator access.
Where is this office building located?
The property is located at 574 Conyers Road Loganville, GA.
What is the asking price?
The asking price for this property is $2,200,000.
What are key features of this property?
This property features: 12,000 square feet of office space on 1.52 acres; More than 20 individual offices plus reception and conference areas; 40 parking spaces in an on‑site parking lot
