Medical Office Building with Multiple
1201 Georgian Park Peachtree City, GA 30269
1201 Georgian Park, Peachtree City, GA, 30269
$2,348,900
For Sale
$2,348,900
Well-maintained office building on a 1.03-acre lot, built in 2004, with multiple HVAC units and roof replacement under warranty.
Property Size10,925 SF
Lot Size1.03 Acres
Price / SF$215
Days on Market113
Property Features for 1201 Georgian Park
General Information
- Standard status
- Active
- Size
- 10,925 SF
- Lot size
- 1.03 Acres
- Property subtype
- Office
Building Details
- Year Built
- 2004
Listing agency
Franklin Street Tampa
(704) 251-2672
Listed by
Gary Heeseman · License #NC #301477
Source
Franklinst
Added: Apr 1 Updated: Jul 21 at 12:54AM Checked: Jul 21 at 6:31AM
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 Franklin Street Tampa
Investment Insights
Based on property information with market context.
This well-maintained medical office building was constructed in 2004 and offers 10,925 SF of modern, versatile space designed for office and medical use. The property is situated on a 1.03-acre lot and is described as a good fit for an owner-user or office/medical tenant. Capital improvements include routine preventative maintenance, a roof replacement that is under warranty, and multiple HVAC units replaced within the past few years.
The building is located just off Joel Cowan Parkway and is described as being near Kedron Village. The surrounding retail corridor includes national retailers such as Target and Kroger, along with Bed Bath & Beyond, Ross Dress for Less, Kirkland's, Petco, and CVS, supporting consistent area demand.
Zoning is listed as C-GC, providing an established framework for office and medical-related activities at this location.
The building is located just off Joel Cowan Parkway and is described as being near Kedron Village. The surrounding retail corridor includes national retailers such as Target and Kroger, along with Bed Bath & Beyond, Ross Dress for Less, Kirkland's, Petco, and CVS, supporting consistent area demand.
Zoning is listed as C-GC, providing an established framework for office and medical-related activities at this location.
Key Highlights
- 10,925 SF office building built in 2004, designed for medical office and office users
- 1.03‑acre lot with C‑GC zoning
- Roof replaced and under warranty; routine preventative maintenance noted
Local Financial Insights For Healthcare Medical
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 | $295.0k | $27.00 |
| − Vacancy | −$31.0k | −$2.84 |
| EGI | $264.0k | $24.17 |
| − OpEx | −$105.6k | −$9.67 |
| NOI | $158.4k | $14.50 |
10,925 SF · lease $27.00/SF/yr · vacancy 10.50% · expense 40.00%
Alternative Uses
Best Use
Healthcare Medical
$2.26M
$1.98M – $2.64M
NOI $158,402 @ 7.0% cap · market cap 6.74%
Second Best
Office B
$2.09M
$1.83M – $2.44M
NOI $146,297 @ 7.0% cap · market cap 6.23%
Theoretical Best
Office A
$3.05M
$2.67M – $3.56M
NOI $213,777 @ 7.0% cap · market cap 9.10%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Lifeboat Medical Associates
Pediatrician
Sara O'Heron, MD
Pediatrician
Zalewski Rabia L
Employment Agency
Simple Healthy Secrets
Spa & Massage Center
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FAQs
What type of property is this?
Medical Office Space - Well-maintained office building on a 1.03-acre lot, built in 2004, with multiple HVAC units and roof replacement under warranty.
Where is this medical office space located?
The property is located at 1201 Georgian Park Peachtree City, GA.
What is the asking price?
The asking price for this property is $2,348,900.
What are key features of this property?
This property features: 10,925 SF office building built in 2004, designed for medical office and office users; 1.03‑acre lot with C‑GC zoning; Roof replaced and under warranty; routine preventative maintenance noted