Office Condo with Multiple
1275 Shiloh Road NW Unit 2321 Kennesaw, GA 30144
New
1275 Shiloh Road NW Unit 2321, Kennesaw, GA, 30144
$299,900
For Sale
$299,900
Office condo unit includes six large offices, reception area, full bath with shower, and kitchen break room.
Property Size1,620 SF
Price / SF$185.12
Days on Market6
Property Features for 1275 Shiloh Road NW Unit 2321
General Information
- Standard status
- Active
- Size
- 1,620 SF
- Property subtype
- Other
Building Details
- Year Built
- 2003
Listing agency
Keller Williams Realty Cityside
(770) 874-6250
Listed by
Kevin Jordan
(770) 874-6250
Source
Blackstreaminternational
Added: Jul 17 Updated: Jul 21 at 9:34AM Checked: Jul 21 at 9:34AM
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 Keller Williams Realty Cityside
Investment Insights
Based on property information with market context.
Introducing a 1,620 SF office condo unit in a business park, offered for sale as an owner-user opportunity. The space is configured with six large offices, well-lit rooms, a reception area, a full bath with shower, and a large kitchen break room.
The property provides plenty of parking and is described as offering convenient access to Kennesaw State University, I-75, Downtown Kennesaw, and Town Center Mall.
The current tenant is month to month and may remain or relocate, with immediate occupancy available.
The property provides plenty of parking and is described as offering convenient access to Kennesaw State University, I-75, Downtown Kennesaw, and Town Center Mall.
The current tenant is month to month and may remain or relocate, with immediate occupancy available.
Key Highlights
- Office condo unit in Wade Green Business Park built in 2003
- 1620 SF office condo with six large offices plus reception area
- Includes full bath with shower and a large kitchen break room
Local 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 | $38.7k | $23.87 |
| − Vacancy | −$9.7k | −$6.02 |
| EGI | $28.9k | $17.85 |
| − OpEx | −$7.2k | −$4.46 |
| NOI | $21.7k | $13.39 |
1,620 SF · lease $23.87/SF/yr · vacancy 25.20% · expense 25.00%
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 local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
The Barter Company Inc
Advertising Agency
Fat Reels
Film Production
Ratliff & Associates CPA's
Accounting Firm
Nucleus Medical Media ...
(Bike/Boat/Book/etc) Store
Yye Software
(Bike/Boat/Book/etc) Store
Similar For Sale Nearby
FAQs
What type of property is this?
Office units - Office condo unit includes six large offices, reception area, full bath with shower, and kitchen break room.
Where is this office units located?
The property is located at 1275 Shiloh Road NW Unit 2321 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: Office condo unit in Wade Green Business Park built in 2003; 1620 SF office condo with six large offices plus reception area; Includes full bath with shower and a large kitchen break room
