Furnished Executive Office
For Sale
$425,000
1281 & 1283 Parker Road, Conyers, GA 30094
Furnished suites support immediate occupancy for a range of professional office users.
Property Size1,986 SF
Price / SF$224.87
Days on Market49
Property Features for 1281 & 1283 Parker Road
General Information
Standard status
Active
Size
1,986 SF
Property subtype
Other
Additional Details
Furnished
Yes
Highway Access
Yes
Amenities
Business Park, Level
Composition
Public Sewer
Annual Amount: $3,939, Year: 2025
Carpet, Laminate
Central Air, Gas
Central, Natural Gas
Cumulative Days on Market: 46, 46 days on market, On Market Date: 2026-08-02
Parking Lot, Paved
Built in 1986, Brick, Office
County: Rockdale
Resale
Electricity Available, Natural Gas Available, Sewer Available, Water Available, Public
Close Of Escrow
Building Security
Furniture
Building Details
Building Size
1,986 SF
Year Built
1986
Tenancy
Multi
Listing Agency:
Southern Capital Brokers
(678) 889-8938
Listed By:
David Babatope · License #294337
(678) 886-3669
Source:
Blackstreaminternational
Added: Aug 2
Changed: Sep 18
Last Checked: Sep 19 at 10:18AM
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.
Built in 1986, this 1,890-square-foot office building at 1281 & 1283 Parker Road provides furnished executive suites for professional office users. The space is positioned for immediate occupancy and may accommodate attorneys, accountants, insurance agencies, consultants, real estate professionals, financial service firms, medical professionals, and similar businesses.
The property is situated in a professional business setting in Conyers, with access to Interstate 20, shopping, restaurants, and business services. Its suite-based configuration offers office users a furnished setting without requiring a fully unbuilt space.
The property is situated in a professional business setting in Conyers, with access to Interstate 20, shopping, restaurants, and business services. Its suite-based configuration offers office users a furnished setting without requiring a fully unbuilt space.
Key Highlights
- 1,890‑square‑foot office building at 1281 & 1283 Parker Road
- Furnished executive office suites
- Suites available for immediate occupancy
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
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Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
767
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
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Frequently Asked Questions
What type of property is this?
Office building - Furnished suites support immediate occupancy for a range of professional office users.
Where is this office building located?
The property is located at 1281 & 1283 Parker Road 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 office building at 1281 & 1283 Parker Road; Furnished executive office suites; Suites available for immediate occupancy
