Office
For Sale
Contact for pricing
1830 Peachtree Pkwy, Cumming, GA 30041
Office unit configured with private suites and currently used as an education center.
Property Size1,320 SF
Price / SF$219.70
Days on Market258
Property Features for 1830 Peachtree Pkwy
General Information
Standard status
Active
Size
1,320 SF
Class
B
Property subtype
Office
Lease Type
Gross
Building Details
Tenancy
Single
Listing Agency:
GVR Realty
Listed By:
Vijayendar Garlapati · License #GA 357616
(858) 699-4384
Source:
Crexi
Added: Jan 30
Changed: Oct 15
Last Checked: Oct 14 at 10:47PM
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 GVR Realty
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This office unit is currently configured with private suites and is being used as an education center. The stated potential applications include insurance, CPA, lending, and general office operations.
The property is located at 1830 Peachtree Pkwy in Cumming, Georgia 30041.
The property is located at 1830 Peachtree Pkwy in Cumming, Georgia 30041.
Key Highlights
- Currently used as an education center
- Configured with large private suites
- Stated potential for insurance, CPA, lending, or general office use
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$17,676
Cap Rate
6.10%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$353,520
$353.5K
Cap Rate 7%
$252,514
$252.5K
Cap Rate 9%
$196,400
$196.4K
Market Conditions
NOI Build-Up for 1,320 SF
Gross rent
$31.5K $23.87/SF
− Vacancy
−$7.9K −$6.02/SF
EGI
$23.6K $17.85/SF
− OpEx
−$5.9K −$4.46/SF
NOI
$17.7K $13.39/SF
Area
Forsyth 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 Rate 5%
$353,520
Cap Rate 7%
$252,514
Cap Rate 9%
$196,400
Alternative Uses
Best Use
Office B
$252.5K
$221.0K – $294.6K
NOI $17,676 @ 7.0% cap · market cap 6.10%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$369.0K
$322.9K – $430.5K
NOI $25,829 @ 7.0% cap · market cap 8.91%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
297
Businesses Nearby
Explore this area
Business Placement
Demographics for 30041, GA
72,489
Population
27,027
Households
2.7
Avg Household Size
40
Median Age
60%
College-Educated
95%
High-School Grad
59.7 sq mi
ZIP Area
1,214
Density / Sq Mi
$141,825
Median Household Income
$69,096
Median Earnings
$1,862
Median Rent
$522,900
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 South region
Frequently Asked Questions
What type of property is this?
Office units - Office unit configured with private suites and currently used as an education center.
Where is this office units located?
The property is located at 1830 Peachtree Pkwy Cumming, GA.
What is the asking price?
The asking price for this property is $289,999.
What are key features of this property?
This property features: Currently used as an education center; Configured with large private suites; Stated potential for insurance, CPA, lending, or general office use
