Freestanding Building in Marietta,
For Sale
Contact for pricing
2111 Austell Rd SW, Marietta, GA 30008
2,400 SF building on 0.26 acres in Marietta, GA.
Property Size2,400 SF
Lot Size0.26 Acres
Price / SF$249.58
Days on Market1112
Property Features for 2111 Austell Rd SW
General Information
Standard status
Active
Size
2,400 SF
Lot size
0.26 Acres
Property subtype
Office
Zoning
GC - General Commercial
Building Details
Year Built
1969
Listing Agency:
WHN
Listed By:
Conner Dickinson · License #GA 392666
Source:
Crexi
Added: Sep 21, 2023
Changed: Oct 1
Last Checked: Oct 5 at 6:43PM
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 WHN
Investment Insights
Based on property information with market context.
This freestanding building offers 2,400 square feet of space on a 0.26-acre lot. The property is located in Marietta, Georgia, approximately 6.5 miles from I-75 and 11 miles from Cobb County International Airport.
Key Highlights
- Freestanding 2,400 SF building
- Situated on a ±0.26 acre lot
- Located in Marietta, GA
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$32,139
Cap Rate
5.37%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$642,780
$642.8K
Cap Rate 7%
$459,129
$459.1K
Cap Rate 9%
$357,100
$357.1K
Market Conditions
NOI Build-Up for 2,400 SF
Gross rent
$57.3K $23.87/SF
− Vacancy
−$14.4K −$6.02/SF
EGI
$42.9K $17.85/SF
− OpEx
−$10.7K −$4.46/SF
NOI
$32.1K $13.39/SF
Area
Cobb 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%
$642,780
Cap Rate 7%
$459,129
Cap Rate 9%
$357,100
Alternative Uses
Best Use
Office B
$459.1K
$401.7K – $535.7K
NOI $32,139 @ 7.0% cap · market cap 5.37%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$673.9K
$589.7K – $786.2K
NOI $47,174 @ 7.0% cap · market cap 7.88%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
286
Businesses Nearby
Explore this area
Business Placement
Demographics for 30008, GA
32,435
Population
12,477
Households
2.6
Avg Household Size
34
Median Age
28%
College-Educated
78%
High-School Grad
9.5 sq mi
ZIP Area
3,414
Density / Sq Mi
$73,130
Median Household Income
$39,080
Median Earnings
$1,416
Median Rent
$269,600
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
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Frequently Asked Questions
What type of property is this?
Office building - 2,400 SF building on 0.26 acres in Marietta, GA.
Where is this office building located?
The property is located at 2111 Austell Rd SW Marietta, GA.
What is the asking price?
The asking price for this property is $599,000.
What are key features of this property?
This property features: Freestanding 2,400 SF building; Situated on a ±0.26 acre lot; Located in Marietta, GA
