Two-Story Office
For Sale
$2,500,000
102 Stonebridge Boulevard, Bremen, GA 30110
Commercial Sale, Bremen, GA
Property Size12,172 SF
Lot Size1.03 Acres
Price / SF$205.39
Days on Market440
Property Features for 102 Stonebridge Boulevard
General Information
Property type
Commercial Sale
Property subtype
Office
Parking
20
Accessibility
Accessible Elevator Installed
Lot features
Corner Lot
Directions
Head north on US-27 N toward Price Creek Rd for 1.2 miles, Turn right onto Stonebridge Blvd, destination on right
Standard status
Active
APN
00930005F
Size
12,172 SF
Lot size
1.03 Acres
Taxes and HOA fees
Tax Year
2024
Utilities
Utilities
Water Available
Sewer type
Private Sewer
Heating system
Forced Air
Cooling system
Central Air
Water source
Public
Building Details
Year built
2004
Flooring type
Carpet
Roof type
Composition
Listing Agency:
Metro West Realty Group LLC
(770) 836-0042
Listed By:
Joel Morris · License #292526
(770) 815-4088
Added: Jul 14, 2025
Changed: Aug 19
Last Checked: Sep 26 at 6:06PM
MLS# 10714497
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.
Positioned on a corner lot along Highway 27, this two-story office building provides 12,172 square feet of interior space. The layout includes numerous office rooms and larger central areas distributed across both floors, with an elevator and two independent stairwells supporting circulation throughout the building. Carpet flooring, forced-air heating, central air, and a composition roof are in place. The property was built in 2004.
The building occupies 1.03 acres in Bremen, Georgia, along a primary corridor through the community. Public water is available, with a private sewer system serving the property. An accessible elevator is installed, supporting use of the upper level.
The building occupies 1.03 acres in Bremen, Georgia, along a primary corridor through the community. Public water is available, with a private sewer system serving the property. An accessible elevator is installed, supporting use of the upper level.
Key Highlights
- 12,172‑square‑foot office building on 1.03 acres
- Two‑story layout with multiple offices and central rooms on both floors
- Elevator and two separate stairwells provide access between levels
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
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Open Analytics
Current Use
Lease Details
Yes
Highway access
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
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Cap Rate, Value Estimation, Potential NOI and more
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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 - Corner-lot office property with multiple workspaces, central rooms, elevator access, and two stairwells serving both levels.
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: 12,172‑square‑foot office building on 1.03 acres; Two‑story layout with multiple offices and central rooms on both floors; Elevator and two separate stairwells provide access between levels
