Corner Lot Office
For Sale
Contact for pricing
102 Stonebridge Boulevard, Bremen, GA 30110
Two-story office building with multiple spaces on a corner lot.
Property Size12,172 SF
Price / SF$205.39
Days on Market396
Property Features for 102 Stonebridge Boulevard
General Information
Standard status
Active
Size
12,172 SF
Property subtype
Office
Zoning
BRE PUD
Building Details
Year Built
2004
Listing Agency:
Metro West Real Estate Group LLC
(770) 815-4088
Listed By:
Joel Morris · License #GA 292526
Source:
Crexi
Added: Jul 15, 2025
Changed: Aug 8
Last Checked: Jul 23 at 2:10PM
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 Metro West Real Estate Group LLC
Investment Insights
Based on property information with market context.
This two-story office building, totaling 12,172 square feet, is situated on a corner lot with high visibility on Highway 27, the main corridor through Bremen. The building features a large floor plan with numerous office spaces and large center rooms on both floors. An elevator and two separate stairwells provide access to both floors.
Key Highlights
- Highly visible corner lot location on Highway 27, the main corridor through Bremen.
- Large 12,172 square foot building with a spacious floor plan.
- Two‑story building with multiple office spaces and large center rooms on both floors.
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
$162,996
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
6.52%
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%
$3,259,920
$3.3M
Cap Rate 7%
$2,328,514
$2.3M
Cap Rate 9%
$1,811,067
$1.8M
Market Conditions
NOI Build-Up for 12,172 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
$290.5K $23.87/SF
− Vacancy
−$73.2K −$6.02/SF
EGI
$217.3K $17.85/SF
− OpEx
−$54.3K −$4.46/SF
NOI
$163.0K $13.39/SF
Area
Haralson 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%
$3,259,920
Cap Rate 7%
$2,328,514
Cap Rate 9%
$1,811,067
Alternative Uses
Best Use
Office B
$2.33M
$2.04M – $2.72M
NOI $162,996 @ 7.0% cap · market cap 6.52%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.42M
$2.99M – $3.99M
NOI $239,253 @ 7.0% cap · market cap 9.57%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
124
Businesses Nearby
Explore this area
Business Placement
Demographics for 30110, GA
14,327
Population
5,822
Households
2.5
Avg Household Size
39
Median Age
18%
College-Educated
85%
High-School Grad
72.0 sq mi
ZIP Area
199
Density / Sq Mi
$69,725
Median Household Income
$46,746
Median Earnings
$861
Median Rent
$238,700
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Office building - Two-story office building with multiple spaces on a corner lot.
Where is this office building located?
The property is located at 102 Stonebridge Boulevard Bremen, GA.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: Highly visible corner lot location on Highway 27, the main corridor through Bremen.; Large 12,172 square foot building with a spacious floor plan.; Two‑story building with multiple office spaces and large center rooms on both floors.
