Furnished Executive Office
For Sale
$425,000
1281 & 1283 Parker Road, Conyers, GA 30094
Commercial Sale, Conyers, GA
Property Size1,890 SF
Price / SF$224.87
Days on Market50
Property Features for 1281 & 1283 Parker Road
General Information
Property type
Commercial Sale
Property subtype
Office
Parking features
Parking Lot
Security features
Security
Lot features
Business Park, Level
Directions
Please use GPS
Standard status
Active
APN
C12001012E
Size
1,890 SF
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
3939
Utilities
Utilities
Water Available
Sewer type
Public Sewer
Heating system
Natural Gas, Central
Cooling system
Gas (Cooling), Central Air
Water source
Public
Building Details
Year built
1986
Flooring type
Carpet, Laminate
Building materials
Brick
Roof type
Composition
Listing Agency:
Southern Capital Brokers
(678) 889-8938
Listed By:
David Babatope · License #294337
(678) 886-3669
Added: Aug 1
Changed: Sep 12
Last Checked: Sep 19 at 1:06PM
MLS# 10817683
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.
Investment Insights
Based on property information with market context.
This 1,890-square-foot office building, constructed in 1986, provides furnished executive suites suitable for immediate occupancy. The property features brick construction, carpet and laminate flooring, a parking lot, central heating, and central air conditioning. Natural gas heating, public water, and public sewer serve the building, while the composition roof supports the existing improvements.
Located at 1281 & 1283 Parker Road in Conyers, the property offers access to Interstate 20 along with nearby shopping, restaurants, and business services. Its office configuration and furnished suites support a range of professional office uses, including legal, accounting, insurance, consulting, real estate, financial services, and medical practices.
Located at 1281 & 1283 Parker Road in Conyers, the property offers access to Interstate 20 along with nearby shopping, restaurants, and business services. Its office configuration and furnished suites support a range of professional office uses, including legal, accounting, insurance, consulting, real estate, financial services, and medical practices.
Key Highlights
- 1,890‑square‑foot office building constructed in 1986
- Furnished executive office suites configured for immediate occupancy
- Brick construction with carpet and laminate flooring
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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Open Analytics
Current Use
Lease Details
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
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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 - Brick office property with furnished suites, central systems, and on-site parking in a professional business setting.
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 constructed in 1986; Furnished executive office suites configured for immediate occupancy; Brick construction with carpet and laminate flooring
