Office Unit with Private
For Sale
$300,000
1870 Independence Square Unit C, Atlanta, GA 30338
An office condominium provides multiple enclosed work areas and built-in cabinetry along a central hallway.
Property Size1,000 SF
Price / SF$300
Days on Market11
Property Features for 1870 Independence Square Unit C
General Information
Standard status
Active
Size
1,000 SF
Property subtype
Office
Additional Details
Highway Access
Yes
Property Use
Office
Taxes and HOA fees
Annual Taxes
$2,474
Building Details
Building Size
1,000 SF
Year Built
1984
Listing Agency:
Watch Realty Co.
Listed By:
Tiffany Feliciano
(404) 649-7496
Source:
Glennda
Added: Oct 19
Changed: Oct 27
Last Checked: Oct 28 at 2:49PM
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 Watch Realty Co.
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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 condominium offers approximately 1,000 square feet arranged as multiple private offices connected by a central hallway with built-in cabinetry. Luxury vinyl plank flooring and neutral paint finish the interior.
The unit is in Independence Square near the intersection of Chamblee-Dunwoody, Peeler, and Shallowford Roads, with access to I-285 and GA-400. On-site parking is available.
The unit is in Independence Square near the intersection of Chamblee-Dunwoody, Peeler, and Shallowford Roads, with access to I-285 and GA-400. On-site parking is available.
Key Highlights
- Approximately 1,000 square feet
- Multiple private offices with a central hallway and built‑in cabinetry
- Luxury vinyl plank flooring and neutral paint
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$13,391
Cap Rate
4.46%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$267,820
$267.8K
Cap Rate 7%
$191,300
$191.3K
Cap Rate 9%
$148,789
$148.8K
Market Conditions
NOI Build-Up for 1,000 SF
Gross rent
$23.9K $23.87/SF
− Vacancy
−$6.0K −$6.02/SF
EGI
$17.9K $17.85/SF
− OpEx
−$4.5K −$4.46/SF
NOI
$13.4K $13.39/SF
Area
Atlanta, 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%
$267,820
Cap Rate 7%
$191,300
Cap Rate 9%
$148,789
Alternative Uses
Best Use
Office B
$191.3K
$167.4K – $223.2K
NOI $13,391 @ 7.0% cap · market cap 4.46%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$279.5K
$244.6K – $326.1K
NOI $19,568 @ 7.0% cap · market cap 6.52%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,318
Businesses Nearby
Explore this area
Business Placement
Demographics for 30338, GA
37,650
Population
17,591
Households
2.1
Avg Household Size
38
Median Age
76%
College-Educated
98%
High-School Grad
9.9 sq mi
ZIP Area
3,803
Density / Sq Mi
$122,931
Median Household Income
$83,788
Median Earnings
$1,812
Median Rent
$592,600
Median Home Value
Market
Vacancy Rate% for Office in Atlanta, GA
Frequently Asked Questions
What type of property is this?
Office unit - An office condominium provides multiple enclosed work areas and built-in cabinetry along a central hallway.
Where is this office unit located?
The property is located at 1870 Independence Square Unit C Atlanta, GA.
What is the asking price?
The asking price for this property is $300,000.
What are key features of this property?
This property features: Approximately 1,000 square feet; Multiple private offices with a central hallway and built‑in cabinetry; Luxury vinyl plank flooring and neutral paint
