Professional Office Condo for
For Sale
$324,900
920 Dannon View STE 3104, Atlanta, GA 30331
Office condo in Cascade Road Business District, Atlanta.
Property Size1,198 SF
Lot Size0.03 Acres
Price / SF$271.20
Days on Market687
Property Features for 920 Dannon View STE 3104
General Information
Standard status
Active
Size
1,198 SF
Lot size
0.03 Acres
Property subtype
Commercial/Industrial
Building Details
Year Built
2006
Listing Agency:
Apollo Associates Realty
(404) 753-7373
Listed By:
JEFFREY HICKS · License #152065
Source:
Exitrealty
Added: Sep 14, 2024
Changed: Jul 10
Last Checked: Aug 1 at 10:36AM
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 Apollo Associates Realty
Investment Insights
Based on property information with market context.
This 1198-square-foot office condo features a client waiting area, two large separate offices, a breakroom, and an ADA-compliant restroom. The unit includes both front and rear entrances. The office design is suitable for various professional uses, such as a therapy practice, accounting/tax office, law firm, medical practice, or other service providers. It is located in a quiet business complex within the Cascade Road Business district, situated on the MARTA bus route. Ample parking is available. The location provides quick access to I-285, restaurants, Hartsfield-Jackson Airport, the shops at Camp Creek, and downtown Atlanta.
Key Highlights
- Ideal for professional service providers seeking a comfortable office environment
- Convenient location in Cascade Road Business District with ample parking and MARTA bus route access
- Quick access to I‑285, Hartsfield‑Jackson Airport, Camp Creek shops, and downtown Atlanta
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $28.6k | $23.87 |
| − Vacancy | −$7.2k | −$6.02 |
| EGI | $21.4k | $17.85 |
| − OpEx | −$5.3k | −$4.46 |
| NOI | $16.0k | $13.39 |
1,198 SF · lease $23.87/SF/yr · vacancy 25.20% · expense 25.00%
Alternative Uses
Best Use
Office B
$229.2K
$200.5K – $267.4K
NOI $16,043 @ 7.0% cap · market cap 4.94%
Second Best
Healthcare Medical
$192.7K
$168.6K – $224.8K
NOI $13,490 @ 7.0% cap · market cap 4.15%
Theoretical Best
Office A
$334.9K
$293.0K – $390.7K
NOI $23,442 @ 7.0% cap · market cap 7.22%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
728
Businesses Nearby
Explore this area
Business Placement
Demographics for 30331, GA
60,770
Population
27,314
Households
2.2
Avg Household Size
38
Median Age
40%
College-Educated
90%
High-School Grad
37.7 sq mi
ZIP Area
1,612
Density / Sq Mi
$61,548
Median Household Income
$41,047
Median Earnings
$1,264
Median Rent
$277,900
Median Home Value
Market
Vacancy Rate% for Office in Atlanta, GA
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Office condo in Cascade Road Business District, Atlanta.
Where is this office units located?
The property is located at 920 Dannon View STE 3104 Atlanta, GA.
What is the asking price?
The asking price for this property is $324,900.
What are key features of this property?
This property features: Ideal for professional service providers seeking a comfortable office environment; Convenient location in Cascade Road Business District with ample parking and MARTA bus route access; Quick access to I‑285, Hartsfield‑Jackson Airport, Camp Creek shops, and downtown Atlanta
