Decatur Commercial Property Near
For Sale
$1,100,000
1026 Sycamore Dr, Decatur, GA 30030
Prime commercial property suitable for medical or dental practice.
Property Size3,831 SF
Price / SF$287.13
Days on Market237
Property Features for 1026 Sycamore Dr
General Information
Standard status
Active
Size
3,831 SF
Building Details
Year Built
1947
Listing Agency:
Compass
Listed By:
JASON WIELOCH · License #337362
(404) 668-6621
Source:
Thehunthometeam
Added: Jan 26
Changed: Sep 12
Last Checked: Sep 19 at 11:17AM
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 Compass
Investment Insights
Based on property information with market context.
This commercial property, suitable for a medical or dental practice, has been owner-occupied for over 40 years. The property is located just outside of Downtown Decatur, across from Emory Decatur Hospital. It features access from both Sycamore Drive and Church Street, providing access for a business. The location is in a thriving community.
Key Highlights
- Prime commercial property located across from Emory Decatur Hospital.
- Ideal for medical or dental practice.
- Sought‑after location just outside of 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
$55,546
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
5.05%
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%
$1,110,920
$1.1M
Cap Rate 7%
$793,514
$793.5K
Cap Rate 9%
$617,178
$617.2K
Market Conditions
NOI Build-Up for 3,831 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
$103.4K $27.00/SF
− Vacancy
−$10.9K −$2.84/SF
EGI
$92.6K $24.17/SF
− OpEx
−$37.0K −$9.67/SF
NOI
$55.5K $14.50/SF
Area
DeKalb County, GA
Vacancy
10.50%
Lease Rate
$27.00 /SF/Yr
Expense Ratio
40.00%
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%
$1,110,920
Cap Rate 7%
$793,514
Cap Rate 9%
$617,178
Alternative Uses
Best Use
Healthcare Medical
$793.5K
$694.3K – $925.8K
NOI $55,546 @ 7.0% cap · market cap 5.05%
Second Best
Office B
$732.9K
$641.3K – $855.0K
NOI $51,301 @ 7.0% cap · market cap 4.66%
Theoretical Best
Office A
$1.07M
$937.1K – $1.25M
NOI $74,964 @ 7.0% cap · market cap 6.81%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
2,414
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 30030, GA
32,364
Population
14,672
Households
2.2
Avg Household Size
39
Median Age
77%
College-Educated
96%
High-School Grad
6.7 sq mi
ZIP Area
4,830
Density / Sq Mi
$127,318
Median Household Income
$81,712
Median Earnings
$1,683
Median Rent
$598,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Dearborn Animal Hospital — 235 Dekalb Industrial Way, Decatur, GA 30030
- Dearborn Animal Hospital: Mizell Callie DVM — 235 Dekalb Industrial Way, Decatur, GA 30030
- Avondale Veterinary Hospital — 2947 E Ponce de Leon Ave Suite 100, Decatur, GA 30030
- Vet Wellcare Vaccinations Clinic at Pet Supermarket — 2508 N Decatur Rd, Decatur, GA 30033
- Banfield Pet Hospital — 2571 Blackmon Dr Ste 120, Decatur, GA 30033
Frequently Asked Questions
What type of property is this?
Medical Office Space - Prime commercial property suitable for medical or dental practice.
Where is this medical office space located?
The property is located at 1026 Sycamore Dr Decatur, GA.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: Prime commercial property located across from Emory Decatur Hospital.; Ideal for medical or dental practice.; Sought‑after location just outside of Downtown Decatur.
