Decatur Office Building For
For Sale
Contact for pricing
1393 Church Street, Decatur, GA 30030
Office property in a thriving, transit-accessible market near Downtown Decatur.
Property Size1,646 SF
Lot Size0.25 Acres
Price / SF$425.21
Days on Market192
Property Features for 1393 Church Street
General Information
Standard status
Active
Size
1,646 SF
Class
C
Lot size
0.25 Acres
Property subtype
Office
Zoning
OI
Building Details
Year Built
1953
Listing Agency:
Berkshire Hathaway HomeServices Georgia Properties
(770) 294-7385
Listed By:
Rosheata McClain · License #391186
Source:
Crexi
Added: Jan 29
Changed: Aug 8
Last Checked: Jul 19 at 2:50AM
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 Berkshire Hathaway HomeServices Georgia Properties
Investment Insights
Based on property information with market context.
This office property offers visibility, walkability, and long-term value in Decatur's commercial corridor. Suited for an owner-user or investor, it provides a presence in a thriving, transit-accessible market supported by strong demographics and consistent demand. Located minutes from Downtown Decatur, Emory University, and the CDC, the property benefits from steady foot traffic and proximity to major employment centers. The surrounding area features professional offices, medical users, restaurants, boutiques, and neighborhood services. Situated on approximately 0.25 acres, the site offers street exposure and signage potential, along with on-site parking and convenient access. The flexible configuration supports medical, legal, creative, nonprofit, or general office operations. With access to I-285, US-78, and Ponce de Leon Avenue, the property provides connectivity throughout Metro Atlanta and is walkable to cafes, retail, and daily conveniences. Nearby residential neighborhoods and strong transit options enhance its appeal for employees and clients. The property size is 1646 square feet.
Key Highlights
- Prime Location: Heart of Decatur's dynamic commercial corridor, near Downtown Decatur, Emory University, and the CDC.
- High Visibility & Accessibility: Excellent street exposure, signage potential, ample parking, and easy access to major roadways.
- Strong Demographics & Demand: Thriving, transit‑accessible market with consistent demand and steady foot traffic.
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
$22,042
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
3.15%
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%
$440,840
$440.8K
Cap Rate 7%
$314,886
$314.9K
Cap Rate 9%
$244,911
$244.9K
Market Conditions
NOI Build-Up for 1,646 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
$39.3K $23.87/SF
− Vacancy
−$9.9K −$6.02/SF
EGI
$29.4K $17.85/SF
− OpEx
−$7.3K −$4.46/SF
NOI
$22.0K $13.39/SF
Area
DeKalb 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%
$440,840
Cap Rate 7%
$314,886
Cap Rate 9%
$244,911
Alternative Uses
Best Use
Office B
$314.9K
$275.5K – $367.4K
NOI $22,042 @ 7.0% cap · market cap 3.15%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$460.1K
$402.6K – $536.8K
NOI $32,208 @ 7.0% cap · market cap 4.60%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2,954
Businesses Nearby
Explore this area
Business Placement
Demographics for 30030, GA
32,364
Population
14,672
Households
2.2
Avg Household Size
39
Median Age
77%
College-Educated
96%
High-School Grad
6.7 sq mi
ZIP Area
4,830
Density / Sq Mi
$127,318
Median Household Income
$81,712
Median Earnings
$1,683
Median Rent
$598,400
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 - Office property in a thriving, transit-accessible market near Downtown Decatur.
Where is this office building located?
The property is located at 1393 Church Street Decatur, GA.
What is the asking price?
The asking price for this property is $699,900.
What are key features of this property?
This property features: Prime Location: Heart of Decatur's dynamic commercial corridor, near Downtown Decatur, Emory University, and the CDC.; High Visibility & Accessibility: Excellent street exposure, signage potential, ample parking, and easy access to major roadways.; Strong Demographics & Demand: Thriving, transit‑accessible market with consistent demand and steady foot traffic.
