Two-Office Professional Office
For Sale
$324,900
920 Dannon View SW #STE 3104, Atlanta, GA 30331
A client reception area, breakroom, and accessible restroom support day-to-day office operations.
Property Size1,198 SF
Price / SF$271.20
Days on Market779
Property Features for 920 Dannon View SW #STE 3104
General Information
Standard status
Active
Size
1,198 SF
Property subtype
Commercial
Zoning
C1
Site & Location
Highway Access
Yes
Public Transit
Yes
Additional Details
Property Use
Office
Taxes and HOA fees
Annual Taxes
$4,006
Building Details
Building Size
1,198 SF
Year Built
2006
Listing Agency:
Apollo Associates Realty
(404) 753-7373
Listed By:
Jeffrey Hicks · License #152065
(404) 234-4994
Source:
Connersmithrealty
Added: Sep 13, 2024
Changed: Oct 29
Last Checked: Oct 29 at 8:20PM
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 Apollo Associates Realty
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Investment Insights
Based on property information with market context.
This 1,198-square-foot office condominium is arranged with a client waiting area, two separate offices, a breakroom, and an ADA-compliant restroom. Front and rear entrances provide access to the unit. The property was built in 2006 and is zoned C1.
The office is in Atlanta’s Cascade Road Business district, within a business complex. MARTA bus service runs along the area, and I-285 is accessible nearby. Restaurants, Hartsfield-Jackson Atlanta International Airport, The Shops at Camp Creek, and downtown Atlanta are also identified in the surrounding context. Parking is available within the complex.
The office is in Atlanta’s Cascade Road Business district, within a business complex. MARTA bus service runs along the area, and I-285 is accessible nearby. Restaurants, Hartsfield-Jackson Atlanta International Airport, The Shops at Camp Creek, and downtown Atlanta are also identified in the surrounding context. Parking is available within the complex.
Key Highlights
- 1,198‑square‑foot office condominium
- Two separate offices, client waiting area, breakroom, and ADA‑compliant restroom
- Front and rear entrances
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$16,043
Cap Rate
4.94%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$320,860
$320.9K
Cap Rate 7%
$229,186
$229.2K
Cap Rate 9%
$178,256
$178.3K
Market Conditions
NOI Build-Up for 1,198 SF
Gross rent
$28.6K $23.87/SF
− Vacancy
−$7.2K −$6.02/SF
EGI
$21.4K $17.85/SF
− OpEx
−$5.3K −$4.46/SF
NOI
$16.0K $13.39/SF
Area
ZIP 30331
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 Rate 5%
$320,860
Cap Rate 7%
$229,186
Cap Rate 9%
$178,256
Alternative Uses
Best Use
Office B
$229.2K
$200.5K – $267.4K
NOI $16,043 @ 7.0% cap · market cap 4.94%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$334.9K
$293.0K – $390.7K
NOI $23,442 @ 7.0% cap · market cap 7.22%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
728
Businesses Nearby
Explore this area
Business Placement
Demographics for 30331, GA
60,770
Population
27,314
Households
2.2
Avg Household Size
38
Median Age
40%
College-Educated
90%
High-School Grad
37.7 sq mi
ZIP Area
1,612
Density / Sq Mi
$61,548
Median Household Income
$41,047
Median Earnings
$1,264
Median Rent
$277,900
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 Atlanta, GA
Frequently Asked Questions
What type of property is this?
Office unit - A client reception area, breakroom, and accessible restroom support day-to-day office operations.
Where is this office unit located?
The property is located at 920 Dannon View SW #STE 3104 Atlanta, GA.
What is the asking price?
The asking price for this property is $324,900.
What are key features of this property?
This property features: 1,198‑square‑foot office condominium; Two separate offices, client waiting area, breakroom, and ADA‑compliant restroom; Front and rear entrances
