2-Unit Office
110 Allen St, Cumming, GA 30040
For Sale
New
Contact for pricing
The two-unit layout is fully occupied and zoned OP for office use.
Property Size4,900 SF
Price / SF$207.76
Days on Market7
Property Features for 110 Allen St
General Information
Standard status
Size
Class
Property subtype
Zoning
Occupancy
Additional Details
Office Units
Tenant in Place
Property Use
Building Details
Year Built
Buildings
Stories
Tenancy
Listing Agency:
Keller Williams Community Ptnr
Listed By:
J.B. Bader
From the agent's profile:
(678) 858-4582, (770) 205-2600, (678) 341-7400
View profile
Source:
Crexi
Added: Nov 6
Changed: Nov 10
Last Checked: Nov 12 at 6:22AM
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 Keller Williams Community Ptnr
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This single-story, Class B office property contains 4,900 SF arranged in two units. Constructed in 1999, the building is 100% occupied and carries OP zoning for office use. The site includes one building at 110 Allen St in Cumming, Georgia.
Key Highlights
- 4,900 SF of office space
- Two‑unit, single‑story configuration
- 100% occupancy
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$65,616
Cap Rate
6.45%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,312,320
$1.3M
Cap Rate 7%
$937,371
$937.4K
Cap Rate 9%
$729,067
$729.1K
Market Conditions
NOI Build-Up for 4,900 SF
Gross rent
$117.0K $23.87/SF
− Vacancy
−$29.5K −$6.02/SF
EGI
$87.5K $17.85/SF
− OpEx
−$21.9K −$4.46/SF
NOI
$65.6K $13.39/SF
Area
Forsyth 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%
$1,312,320
Cap Rate 7%
$937,371
Cap Rate 9%
$729,067
Alternative Uses
Best Use
Office B
$937.4K
$820.2K – $1.09M
NOI $65,616 @ 7.0% cap · market cap 6.45%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.37M
$1.20M – $1.60M
NOI $95,882 @ 7.0% cap · market cap 9.42%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
2
Office units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,832
Businesses Nearby
Explore this area
Business Placement
Demographics for 30040, GA
81,191
Population
27,642
Households
2.9
Avg Household Size
38
Median Age
55%
College-Educated
93%
High-School Grad
57.7 sq mi
ZIP Area
1,407
Density / Sq Mi
$133,028
Median Household Income
$60,926
Median Earnings
$1,883
Median Rent
$474,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office building - The two-unit layout is fully occupied and zoned OP for office use.
Where is this office building located?
The property is located at 110 Allen St Cumming, GA.
What is the asking price?
The asking price for this property is $1,018,000.
What are key features of this property?
This property features: 4,900 SF of office space; Two‑unit, single‑story configuration; 100% occupancy
