Office Unit with Six
For Sale
$299,900
1275 Shiloh Road NW, Kennesaw, GA 30144
Commercial Sale, Kennesaw, GA
Property Size1,620 SF
Lot Size0.04 Acres
Price / SF$185.12
Days on Market47
Property Features for 1275 Shiloh Road NW
General Information
Property type
Residential
Property subtype
Office
Zoning
OI
Parking
8
Parking features
Parking Lot
Security features
Security Lighting
Window features
Insulated Windows
Interior features
Reception Area, Recessed Lighting, Restrooms
Lot features
Business Park
Directions
I75 take Wade Green West to left on Shiloh to 1275 Shiloh. take left into second entrance, and unit all way down on right
Standard status
Active
Size
1,620 SF
Lot size
0.04 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
2451
Utilities
Utilities
Cable Available
Heating system
Central
Cooling system
Central Air, Ceiling Fan(s)
Building Details
Year built
2003
Floors in Building
1
Building materials
Brick 4 Sides
Roof type
Asbestos Shingle
Listing Agency:
Keller Williams Realty Cityside
(770) 874-6200
Listed By:
KEVIN S JORDAN · License #182495
(770) 874-6200
Added: Jul 17
Changed: Aug 19
Last Checked: Sep 1 at 9:06AM
MLS# 7806583
Copyright © 2026 First Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 1620-square-foot office condominium is configured with six offices, a reception area, a full bathroom with shower, and a spacious kitchen and break room. Recessed lighting, central heating, central air, ceiling fans, and brick construction on all four sides are among the property’s existing features. Built in 2003, the unit is situated on a 0.037-acre parcel and carries OI zoning.
The property is at 1275 Shiloh Road NW in Kennesaw, with access to Kennesaw State University, I-75, Downtown Kennesaw, and Town Center Mall. On-site parking is provided through a parking lot. A month-to-month tenant currently occupies the unit and may remain or relocate, supporting flexibility for an owner-user or other office occupant. Immediate occupancy is available.
The property is at 1275 Shiloh Road NW in Kennesaw, with access to Kennesaw State University, I-75, Downtown Kennesaw, and Town Center Mall. On-site parking is provided through a parking lot. A month-to-month tenant currently occupies the unit and may remain or relocate, supporting flexibility for an owner-user or other office occupant. Immediate occupancy is available.
Key Highlights
- 1620 square feet of office space on a 0.037‑acre parcel
- Six offices plus reception, kitchen break room, and full bathroom with shower
- OI zoning and 2003 construction
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
$21,694
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
7.23%
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%
$433,880
$433.9K
Cap Rate 7%
$309,914
$309.9K
Cap Rate 9%
$241,044
$241.0K
Market Conditions
NOI Build-Up for 1,620 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
$38.7K $23.87/SF
− Vacancy
−$9.7K −$6.02/SF
EGI
$28.9K $17.85/SF
− OpEx
−$7.2K −$4.46/SF
NOI
$21.7K $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 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%
$433,880
Cap Rate 7%
$309,914
Cap Rate 9%
$241,044
Alternative Uses
Best Use
Office B
$309.9K
$271.2K – $361.6K
NOI $21,694 @ 7.0% cap · market cap 7.23%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$454.9K
$398.0K – $530.7K
NOI $31,843 @ 7.0% cap · market cap 10.62%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Single-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
763
Businesses Nearby
Explore this area
Business Placement
Demographics for 30144, GA
53,984
Population
22,843
Households
2.4
Avg Household Size
34
Median Age
45%
College-Educated
94%
High-School Grad
22.1 sq mi
ZIP Area
2,443
Density / Sq Mi
$84,628
Median Household Income
$41,693
Median Earnings
$1,745
Median Rent
$310,400
Median Home Value
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 units - Owner-user condominium office with reception, break room, full bath, and parking lot access.
Where is this office units located?
The property is located at 1275 Shiloh Road NW Kennesaw, GA.
What is the asking price?
The asking price for this property is $299,900.
What are key features of this property?
This property features: 1620 square feet of office space on a 0.037‑acre parcel; Six offices plus reception, kitchen break room, and full bathroom with shower; OI zoning and 2003 construction
