Freestanding Office
1456 McLendon Drive, Decatur, GA 30033
For Sale
Contact for pricing
The building is suited to medical or professional office use.
Property Size4,494 SF
Price / SF$224.74
Days on Market53
Property Features for 1456 McLendon Drive
General Information
Standard status
Size
Property subtype
Additional Details
Highway Access
Listing Agency:
Lavista Associates
Listed By:
John Cape · License #GA 298184
Source:
Crexi
Added: Sep 18
Changed: Nov 3
Last Checked: Nov 8 at 8:08AM
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 Lavista Associates
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This freestanding office property contains approximately 4,494 square feet and is offered for sale. The stated use potential includes medical and professional office functions.
The property is on McLendon Drive in Decatur, near I-285, Emory, VA Hospital, and Downtown Decatur.
The property is on McLendon Drive in Decatur, near I-285, Emory, VA Hospital, and Downtown Decatur.
Key Highlights
- Freestanding office building with approximately 4,494 SF
- Medical and professional office use potential
- Near I‑285, Emory, VA Hospital, and Downtown Decatur
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$65,159
Cap Rate
6.45%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,303,180
$1.3M
Cap Rate 7%
$930,843
$930.8K
Cap Rate 9%
$723,989
$724.0K
Market Conditions
NOI Build-Up for 4,494 SF
Gross rent
$121.3K $27.00/SF
− Vacancy
−$12.7K −$2.84/SF
EGI
$108.6K $24.17/SF
− OpEx
−$43.4K −$9.67/SF
NOI
$65.2K $14.50/SF
Area
DeKalb County, GA
Vacancy
10.50%
Lease Rate
$27.00 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,303,180
Cap Rate 7%
$930,843
Cap Rate 9%
$723,989
Alternative Uses
Best Use
Healthcare Medical
$930.8K
$814.5K – $1.09M
NOI $65,159 @ 7.0% cap · market cap 6.45%
Second Best
Office B
$859.7K
$752.2K – $1.00M
NOI $60,179 @ 7.0% cap · market cap 5.96%
Theoretical Best
Office A
$1.26M
$1.10M – $1.47M
NOI $87,937 @ 7.0% cap · market cap 8.71%
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
636
Businesses Nearby
Explore this area
Business Placement
Demographics for 30033, GA
33,189
Population
15,164
Households
2.2
Avg Household Size
37
Median Age
71%
College-Educated
95%
High-School Grad
8.8 sq mi
ZIP Area
3,771
Density / Sq Mi
$107,647
Median Household Income
$62,976
Median Earnings
$1,752
Median Rent
$430,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Office buildings in Decatur, GA
Properties on Market for Office buildings in Decatur
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office building - The building is suited to medical or professional office use.
Where is this office building located?
The property is located at 1456 McLendon Drive Decatur, GA.
What is the asking price?
The asking price for this property is $1,010,000.
What are key features of this property?
This property features: Freestanding office building with approximately 4,494 SF; Medical and professional office use potential; Near I‑285, Emory, VA Hospital, and Downtown Decatur
