Updated Office
For Sale
$259,900
1007 Peek Street NW, Conyers, GA 30012
Flexible interior includes multiple office areas, a reception space, kitchen, and laundry.
Property Size1,410 SF
Price / SF$184.33
Days on Market175
Property Features for 1007 Peek Street NW
General Information
Standard status
Active
Size
1,410 SF
Total Parking Spaces
10
Property subtype
Commercial
Zoning
OI
Additional Details
Highway Access
Yes
Property Use
Office
Taxes and HOA fees
Annual Taxes
$2,210
Amenities
reception
kitchen
laundry
Building Details
Building Size
1,410 SF
Year Built
1900
Listed By:
Debbie Conner Smith
(770) 464-0897
Source:
Connersmithrealty
Added: May 5
Changed: Oct 26
Last Checked: Oct 26 at 3:55AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Debbie Conner Smith
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 1,410-square-foot office property was built in 1900 and has been updated. Its layout accommodates up to 5 offices, along with reception space, a kitchen, and laundry. The property is zoned OI for commercial use.
Located in Old Towne Conyers, the building is minutes from I-20.
Located in Old Towne Conyers, the building is minutes from I-20.
Key Highlights
- Up to 5 offices with reception area
- 1,410 square feet; built in 1900 and recently updated
- OI zoning for commercial purposes
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$18,881
Cap Rate
7.26%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$377,620
$377.6K
Cap Rate 7%
$269,729
$269.7K
Cap Rate 9%
$209,789
$209.8K
Market Conditions
NOI Build-Up for 1,410 SF
Gross rent
$33.7K $23.87/SF
− Vacancy
−$8.5K −$6.02/SF
EGI
$25.2K $17.85/SF
− OpEx
−$6.3K −$4.46/SF
NOI
$18.9K $13.39/SF
Area
Rockdale 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 Rate 5%
$377,620
Cap Rate 7%
$269,729
Cap Rate 9%
$209,789
Alternative Uses
Best Use
Office B
$269.7K
$236.0K – $314.7K
NOI $18,881 @ 7.0% cap · market cap 7.26%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$395.9K
$346.4K – $461.9K
NOI $27,715 @ 7.0% cap · market cap 10.66%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
976
Businesses Nearby
Explore this area
Business Placement
Demographics for 30012, GA
30,307
Population
12,400
Households
2.4
Avg Household Size
37
Median Age
24%
College-Educated
84%
High-School Grad
42.4 sq mi
ZIP Area
715
Density / Sq Mi
$60,169
Median Household Income
$36,770
Median Earnings
$1,134
Median Rent
$199,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office building - Flexible interior includes multiple office areas, a reception space, kitchen, and laundry.
Where is this office building located?
The property is located at 1007 Peek Street NW Conyers, GA.
What is the asking price?
The asking price for this property is $259,900.
What are key features of this property?
This property features: Up to 5 offices with reception area; 1,410 square feet; built in 1900 and recently updated; OI zoning for commercial purposes
