Decatur Commercial Building For
For Sale
$475,000
1799 Clairmont Rd, Decatur, GA 30033
Commercial building in Decatur, great for office, retail, or medical.
Property Size2,100 SF
Lot Size0.42 Acres
Price / SF$226.19
Days on Market488
Property Features for 1799 Clairmont Rd
General Information
Standard status
Active
Size
2,100 SF
Lot size
0.42 Acres
Taxes and HOA fees
Annual Taxes
$12,720
Listing Agency:
Keller Williams Realty Atlanta Partners
(678) 341-2900
Listed By:
Anthony Hippeli
(678) 341-2900
Source:
Exprealty
Added: Apr 9, 2025
Changed: Aug 8
Last Checked: Aug 8 at 5:59AM
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 Realty Atlanta Partners
Investment Insights
Based on property information with market context.
This commercial building, situated on Clairmont Road at the intersection of Mason Mill Road, benefits from high visibility with over 30,000 vehicles passing daily. The property includes a building of approximately 2100 square feet on a 0.42-acre lot, offering customization potential. The current floor plan features three bathrooms, with two located upstairs and one in the finished lower level, along with a full kitchen. Zoned C-1, the property is suitable for various uses, including office space, a boutique takeout restaurant, specialty retail, or medical services. The location is near Emory University, Emory Hospital, DeKalb Medical Center, VA Hospital, DeKalb County Courthouse, restaurants, retail establishments, and downtown Decatur. It also provides convenient access to I-85 and I-285.
Key Highlights
- High‑traffic location on Clairmont Rd with 30,000+ cars passing daily.
- Versatile C‑1 zoning suitable for office, retail, restaurant, or medical services.
- Proximity to Emory University, Emory Hospital, Dekalb Medical Center, VA Hospital, Dekalb County Courthouse, and Downtown Decatur.
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
$33,748
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
7.10%
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%
$674,960
$675.0K
Cap Rate 7%
$482,114
$482.1K
Cap Rate 9%
$374,978
$375.0K
Market Conditions
NOI Build-Up for 2,100 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
$48.4K $23.04/SF
− Vacancy
−$3.4K −$1.61/SF
EGI
$45.0K $21.43/SF
− OpEx
−$11.2K −$5.36/SF
NOI
$33.7K $16.07/SF
Area
DeKalb County, GA
Vacancy
7.00%
Lease Rate
$23.04 /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%
$674,960
Cap Rate 7%
$482,114
Cap Rate 9%
$374,978
Alternative Uses
Best Use
Specialty Retail
$482.1K
$421.9K – $562.5K
NOI $33,748 @ 7.0% cap · market cap 7.10%
Second Best
Retail
$422.0K
$369.2K – $492.3K
NOI $29,537 @ 7.0% cap · market cap 6.22%
Theoretical Best
Office A
$587.0K
$513.7K – $684.9K
NOI $41,092 @ 7.0% cap · market cap 8.65%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,260
Businesses Nearby
Explore this area
Business Placement
Demographics for 30033, GA
33,189
Population
15,164
Households
2.2
Avg Household Size
37
Median Age
71%
College-Educated
95%
High-School Grad
8.8 sq mi
ZIP Area
3,771
Density / Sq Mi
$107,647
Median Household Income
$62,976
Median Earnings
$1,752
Median Rent
$430,900
Median Home Value
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 units - Commercial building in Decatur, great for office, retail, or medical.
Where is this office units located?
The property is located at 1799 Clairmont Rd Decatur, GA.
What is the asking price?
The asking price for this property is $475,000.
What are key features of this property?
This property features: High‑traffic location on Clairmont Rd with 30,000+ cars passing daily.; Versatile C‑1 zoning suitable for office, retail, restaurant, or medical services.; Proximity to Emory University, Emory Hospital, Dekalb Medical Center, VA Hospital, Dekalb County Courthouse, and Downtown Decatur.
