Two-Story Office
For Sale
$2,500,000
102 Stonebridge Blvd, Bremen, GA 30110
Commercial Sale, Bremen, GA
Property Size12,172 SF
Lot Size1.03 Acres
Price / SF$205.39
Days on Market199
Property Features for 102 Stonebridge Blvd
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
Commercial
Subdivision
10-Haralson County
Standard status
Active
Size
12,172 SF
Lot size
1.03 Acres
Building Details
Year built
2004
Listing Agency:
Metro West Realty
(770) 836-0042
Listed By:
Joel Morris · License #292526
(770) 815-4088
Added: Mar 20
Changed: Aug 20
Last Checked: Oct 4 at 10:06AM
MLS# 151789
Copyright © 2026 West Metro Board of Realtors. 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.
Completed in 2004, this two-story office building contains 12,172 square feet arranged with numerous office rooms and larger central areas on both levels. An elevator and two separate stairwells support circulation throughout the building, while the broad floor plan accommodates varied office configurations.
The property occupies a 1.03-acre corner lot along Highway 27, the primary corridor through Bremen. Its Commercial zoning and prominent corner position provide a clear commercial setting for the existing office layout.
The property occupies a 1.03-acre corner lot along Highway 27, the primary corridor through Bremen. Its Commercial zoning and prominent corner position provide a clear commercial setting for the existing office layout.
Key Highlights
- 12,172‑square‑foot office building completed in 2004
- Two‑story layout with numerous offices and larger central rooms
- Elevator and two separate stairwells serve 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
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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
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Frequently Asked Questions
What type of property is this?
Office building - Commercially zoned office property with elevator access, dual stairwells, and a flexible multi-room layout.
Where is this office building located?
The property is located at 102 Stonebridge Blvd 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 completed in 2004; Two‑story layout with numerous offices and larger central rooms; Elevator and two separate stairwells serve both floors
