Ground-Floor Professional Office
New
For Sale
$215,000
200 Market Pl, Roswell, GA 30075
Four private offices, reception areas, kitchenette, break room, and private restroom support efficient daily operations.
Property Size12,000 SF
Price / SF$219.39
Days on Market6
Property Features for 200 Market Pl
General Information
Standard status
Active
Size
12,000 SF
Additional Details
Floor
Ground Floor
Building Details
Year Built
1983
Building Size
12,000 SF
Listing Agency:
Sold Not Just Listed Real Estate
Listed By:
Tarra Kalonzo
(917) 304-1320
Source:
Eternorealtygroup
Added: Sep 20
Changed: Sep 23
Last Checked: Sep 24 at 3:39PM
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 Sold Not Just Listed Real Estate
Investment Insights
Based on property information with market context.
This ground-level professional condominium is arranged for practical office use, with four private offices, a separate reception office, a front waiting area, break room with kitchenette, and private restroom. Tile flooring and updated LED lighting provide a clean, functional interior, while drive-up parking in a spacious lot supports convenient visitor access.
The unit is part of a 12,000-square-foot complex built in 1983. Recent property improvements include a full re-roof with 40-year shingles and bright perimeter security lighting. Its address is 200 Market Pl, Roswell, GA 30075.
The unit is part of a 12,000-square-foot complex built in 1983. Recent property improvements include a full re-roof with 40-year shingles and bright perimeter security lighting. Its address is 200 Market Pl, Roswell, GA 30075.
Key Highlights
- Ground‑floor professional condominium at 200 Market Pl, Roswell, GA 30075
- Four private offices plus a dedicated reception office
- Front waiting area, break room with kitchenette, and private restroom
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
$13,123
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
6.10%
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%
$262,460
$262.5K
Cap Rate 7%
$187,471
$187.5K
Cap Rate 9%
$145,811
$145.8K
Market Conditions
NOI Build-Up for 980 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
$23.4K $23.87/SF
− Vacancy
−$5.9K −$6.02/SF
EGI
$17.5K $17.85/SF
− OpEx
−$4.4K −$4.46/SF
NOI
$13.1K $13.39/SF
Area
Fulton 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%
$262,460
Cap Rate 7%
$187,471
Cap Rate 9%
$145,811
Alternative Uses
Best Use
Office B
$187.5K
$164.0K – $218.7K
NOI $13,123 @ 7.0% cap · market cap 6.10%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$273.9K
$239.7K – $319.6K
NOI $19,176 @ 7.0% cap · market cap 8.92%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,883
Businesses Nearby
Explore this area
Business Placement
Demographics for 30075, GA
56,161
Population
22,190
Households
2.5
Avg Household Size
43
Median Age
70%
College-Educated
98%
High-School Grad
29.7 sq mi
ZIP Area
1,891
Density / Sq Mi
$153,743
Median Household Income
$76,630
Median Earnings
$1,790
Median Rent
$575,200
Median Home Value
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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 units - Four private offices, reception areas, kitchenette, break room, and private restroom support efficient daily operations.
Where is this office units located?
The property is located at 200 Market Pl Roswell, GA.
What is the asking price?
The asking price for this property is $215,000.
What are key features of this property?
This property features: Ground‑floor professional condominium at 200 Market Pl, Roswell, GA 30075; Four private offices plus a dedicated reception office; Front waiting area, break room with kitchenette, and private restroom
