1468 MECASLIN ST NW Atlanta, GA 30309
Freestanding 4,760 SF creative office building for sale.
Property Features for 1468 MECASLIN ST NW
General Information
- Standard status
- Active
- Size
- 5,000 SF
- Property subtype
- Office, Industrial
Building Details
- Year Built
- 1955
Listing office Harrison Properties (404) 384-3330
Listing date May 14, 2026
Source Crexi
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Investment Insights
Based on property information with market context.
Key Highlights
- Prime Location: In the heart of Atlantic Station/Loring Heights, offering unrivaled access to Atlanta's key areas.
- Significant Size: A spacious 4,760 SF freestanding building.
- Flexible Zoning: I‑1 zoning allows for redevelopment or adaptive reuse.
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $119.4k | $23.87 |
| − Vacancy | −$30.1k | −$6.02 |
| EGI | $89.3k | $17.85 |
| − OpEx | −$22.3k | −$4.46 |
| NOI | $67.0k | $13.39 |