Renovated Commercial Building in
1272 Columbia Drive, Decatur, GA 30032
- Added:
- Dec 17, 2025
- Days on Market:
- 149
- Last Refresh:
- May 15 at 7:06 pm
Property Features for 1272 Columbia Drive
General Information
- Property type
- Commercial Sale
- Property subtype
- Office
- Parking
- 36
- Parking features
- Parking Lot
- Fencing
- Chain Link
- Standard status
- Pending
- APN
- 15 200 05 009
- Size
- 7,133 SF
- Lot size
- 1.27 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 13000
Utilities
- Utilities
- Cable Available
- Sewer type
- Public Sewer
- Heating system
- Central
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1971
- Flooring type
- Vinyl
- Building materials
- Brick
- Roof type
- Composition
Listing agent Torrence Ford License #289924 (678) 613-5211
Listing office Real Broker, LLC 800 Battery Ave SE Suite 100, New York, GA (855) 450-0442
Listing date Dec 17, 2025
MLS# 10659073
Copyright © 2026 Georgia Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Fully renovated 7,100 SF brick commercial building featuring new HVAC, updated plumbing, multiple bathrooms, and new flooring.
- Zoned OI (Office Institutional) allowing for medical, professional, wellness, nonprofit, and community‑oriented uses.
- Located in Avondale / Columbia Drive TAD Opportunity Zone, potentially qualifying for incentives.
- Strong visibility and consistent traffic along the Columbia Drive corridor near Memorial Drive.
- Bright, open interior with tall ceilings, flexible spaces, and private offices; move‑in ready.
- Ample on‑site parking for staff and visitors.
Overview
This freestanding brick commercial building, totaling approximately 7,100 square feet, is situated at the intersection of Columbia Drive and Hamilton Road in Belvedere Park. Located along the Columbia Drive corridor near Memorial Drive, the property benefits from high visibility, consistent traffic flow, and accessibility within a growing area. The building has undergone a complete renovation, featuring new HVAC systems, updated plumbing, multiple bathrooms, and new flooring. The interior provides a bright and open atmosphere with tall ceilings, flexible spaces, and private offices. The layout is designed to be move-in ready, but can also be adapted to suit various business requirements. Zoned OI (Office Institutional), the property is suitable for medical, professional, wellness, nonprofit, and community-oriented uses, pending necessary approvals. Ample on-site parking is available for both staff and visitors. Situated within the Avondale / Columbia Drive TAD Opportunity Zone, the property may be eligible for incentives through Decide DeKalb, potentially including support for acquisition, improvements, and state job tax credits. The property is located on a 1.27-acre lot.
Financial Insights
Value Estimation Calculated for Office B
Conservative
$1.06M
NOI $95,519 @ 9.00% cap · cautious / downside scenario
Moderate
$1.36M
NOI $95,519 @ 7.00% cap · market / base-case scenario
Aggressive
$1.91M
NOI $95,519 @ 5.00% cap · optimistic / upside scenario
NOI & Cap Rate Calculator
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.
Calculated for Office B
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $170.3k | $23.87 |
| − Vacancy | −$42.9k | −$6.02 |
| EGI | $127.4k | $17.85 |
| − OpEx | −$31.8k | −$4.46 |
| NOI | $95.5k | $13.39 |
7,133 SF · lease $23.87/SF/yr · vacancy 25.20% · expense 25.00%
Alternative Use Scenarios
Best Use
Office B
$1.36M
$1.19M – $1.59M
NOI $95,519 @ 7.0% cap · market cap 7.35%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.99M
$1.74M – $2.33M
NOI $139,576 @ 7.0% cap · market cap 10.74%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Belvedere Park Cash ...
Car Dealership
PHS Electrical Heating ...
Big Box & Wholesale Store
Bank of America Financial ...
Bank
Location Insight
- Map
- Local Demand
- City
- Decatur
- County
- DeKalb
- State
- Georgia
- Longitude
- -84.265289
- Latitude
- 33.752637
Nearby Similar for Sale
FAQs
What type of property is this?
Office building - Freestanding, renovated commercial building with flexible space in Belvedere Park.
Where is this office building located?
The property is located at 1272 Columbia Drive Decatur, GA.
What is the asking price?
The asking price for this property is $1,299,000.
What are key features of this property?
This property features: Fully renovated 7,100 SF brick commercial building featuring new HVAC, updated plumbing, multiple bathrooms, and new flooring.; Zoned OI (Office Institutional) allowing for medical, professional, wellness, nonprofit, and community‑oriented uses.; Located in Avondale / Columbia Drive TAD Opportunity Zone, potentially qualifying for incentives.
