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

    713 Forest Pkwy Forest Park, GA 30297

    Sponsored
    For Lease
    $7,534 /Mo ($3 SF/Yr)

    COMMERCIAL - Forest Park, GA

    Type:Retail
    Lot size:
    0.67 Acres
    Days on Market:
    22
    Last Refresh:
    Feb 3 at 11:06 am

    Property Features for 713 Forest Pkwy

    General Information

    Property type
    Commercial Lease
    Property subtype
    Retail
    Standard status
    Active
    Security features
    Security
    Window features
    Aluminum Frames
    Zoning
    GB
    APN
    13050A H001
    Parking
    35
    Parking features
    Parking Lot
    Interior features
    Reception Area, Restrooms
    Accessibility
    Accessible Approach with Ramp
    Lot size
    0.67 Acres

    Utilities

    Utilities
    Water Available
    Heating system
    Central
    Cooling system
    Electric

    Building Details

    Year built
    1984
    Floors in Building
    1
    Flooring type
    Vinyl
    Building materials
    Brick 3 Sides, Stone
    Roof type
    Metal, Flat

    We can help!

    Listing Contact
    Burke Doggett

    Keller Williams Realty Chattahoochee North (678) 578-2701

    Listing agent Burke Doggett

    Listing date Jan 13, 2026

    MLS# 7681197

    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.

    Learn more

    Property Insight Report

    Overview

    Prime Commercial Building on Parkway

    This 6,025 square foot free-standing commercial building is available for lease. Situated directly on Forest Parkway in Forest Park, GA, the property benefits from high traffic and is located next to the City of Forest Park Building. A large monument sign at the street provides brand visibility. The building is currently configured as a professional, traditional office space, and existing furnishings and equipment are negotiable. A dedicated rear roll-up door facilitates deliveries and logistics. There are 35 dedicated parking spaces. The property features an attractive stone veneer and a covered awning. It is located minutes from I-75, I-285, and The Hartsfield International Airport. The property sits on a 0.674-acre lot and is zoned GB.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Bulldog Insurance Inc Insurance Agency Nationwide Insurance: Falcon ... Insurance Agency Kendi beauty atl Medical Clinic Bulldog Trucking Insurance Insurance Agency Anointed Touch Hair ... Hair Salon

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Forest Park
    County
    Clayton
    State
    Georgia
    Longitude
    -84.366774
    Latitude
    33.620302

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    FAQs

    What type of property is this?
    Retail space - High-traffic location with roll-up door and ample parking.
    Where is this retail space located?
    The property is located at 713 Forest Pkwy Forest Park, GA.
    What is the lease rate?
    The lease rate is $3 SF/Yr.
    What are key features of this property?
    This property features: - High-traffic location on Forest Parkway next to the City of Forest Park Building, ensuring maximum exposure.; - 6,025 square foot free-standing commercial building with professional curb appeal (stone veneer, covered awning).; - 35 dedicated parking spaces, providing ample customer access.
    (770) 377-2063
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    713 Forest Pkwy Forest Park, GA 30297
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    Forest Park, GA 30297
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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
    713 Forest Pkwy Forest Park, GA 30297
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    We can help!
    Listing Contact
    Burke Doggett
    (770) 377-2063
    Learn more
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