Furnished Executive Office
For Sale
Contact for pricing
1281-1283 Parker Rd SE, Conyers, GA 30094
Multi-suite office property with furnished interiors and access to Interstate 20, shopping, restaurants, and business services.
Property Size1,890 SF
Price / SF$224.87
Days on Market8
Property Features for 1281-1283 Parker Rd SE
General Information
Standard status
Active
Size
1,890 SF
Property subtype
OFFICE
Occupancy
70%
Additional Details
Furnished
Yes
Highway Access
Yes
Listing Agency:
Southern Capital Brokers
(678) 886-3669
Listed By:
David Babatope · License #294337
(678) 886-3669
Source:
Moodyscre
Added: Aug 3
Changed: Aug 9
Last Checked: Aug 9 at 4:24AM
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 Southern Capital Brokers
Investment Insights
Based on property information with market context.
This 1,890-square-foot executive office building contains furnished office suites designed for professional occupancy. The property is 70% occupied, with additional suites available for leasing. Furnished interiors support office users seeking an established workspace, including attorneys, accountants, insurance agencies, consultants, real estate professionals, financial service firms, and medical professionals.
Located at 1281-1283 Parker Rd SE in Conyers, Georgia, the property offers access to Interstate 20 along with nearby shopping, restaurants, and business services. Its office configuration and existing occupancy provide a practical setting for continued professional use.
Located at 1281-1283 Parker Rd SE in Conyers, Georgia, the property offers access to Interstate 20 along with nearby shopping, restaurants, and business services. Its office configuration and existing occupancy provide a practical setting for continued professional use.
Key Highlights
- 1,890‑square‑foot executive office building
- 70% occupied with additional suites available for leasing
- Furnished executive office suites
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
$25,309
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
5.96%
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%
$506,180
$506.2K
Cap Rate 7%
$361,557
$361.6K
Cap Rate 9%
$281,211
$281.2K
Market Conditions
NOI Build-Up for 1,890 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
$45.1K $23.87/SF
− Vacancy
−$11.4K −$6.02/SF
EGI
$33.7K $17.85/SF
− OpEx
−$8.4K −$4.46/SF
NOI
$25.3K $13.39/SF
Area
Rockdale 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%
$506,180
Cap Rate 7%
$361,557
Cap Rate 9%
$281,211
Alternative Uses
Best Use
Office B
$361.6K
$316.4K – $421.8K
NOI $25,309 @ 7.0% cap · market cap 5.96%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$530.7K
$464.4K – $619.2K
NOI $37,150 @ 7.0% cap · market cap 8.74%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
70%
Occupancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
936
Businesses Nearby
Explore this area
Business Placement
Demographics for 30094, GA
33,745
Population
12,606
Households
2.7
Avg Household Size
42
Median Age
32%
College-Educated
94%
High-School Grad
39.3 sq mi
ZIP Area
859
Density / Sq Mi
$87,619
Median Household Income
$42,633
Median Earnings
$1,610
Median Rent
$266,600
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 building - Multi-suite office property with furnished interiors and access to Interstate 20, shopping, restaurants, and business services.
Where is this office building located?
The property is located at 1281-1283 Parker Rd SE Conyers, GA.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: 1,890‑square‑foot executive office building; 70% occupied with additional suites available for leasing; Furnished executive office suites
