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Office Building with Multiple Entrances
For Sale
$875,000

1892 Washington Road, Atlanta, GA 30344

COMMERCIAL - Atlanta, GA

Property Size4,020 SF
Lot Size0.68 Acres
Price / SF$217.66
Days on Market47

Property Features for 1892 Washington Road

General Information

Property type Commercial Sale
Property subtype Office
Parking 8
Parking features Parking Lot
Lot features Level
Directions From Downtown Atlanta, Take 75/85S, Exit onto Langford Parkway (West), Exit US-29/SR-154/Tyler Perry Studies/East Point, Turn Right onto Womack Ave, Right onto Main Street , Right onto E Point Street and Right onto Washington Road, Building will be on your left.
Standard status Active
APN 14 016400070410
Size 4,020 SF
Lot size 0.68 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 5070

Utilities

Utilities Cable Available
Sewer type Public Sewer
Heating system Central
Cooling system Central Air
Water source Public

Amenities

reception area
front desk
private offices
conference room
boardroom
classrooms
copy room
server room
storage areas
restrooms
kitchen
break area
laundry facilities
cubicles
open collaborative workspace

Building Details

Year built 2004
Flooring type Carpet, Laminate
Building materials Concrete
Roof type Composition
Listing Agency: Engel & V?lkers Atlanta · Engel & Völkers
Listed By: Jenea Kennedy · License #242671
Added: Jun 19 Changed: Aug 3 Last Checked: Aug 4 at 2:06AM
MLS# 10789518

Copyright © 2026 Georgia Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This office building offers a flexible, well-equipped layout designed to support multiple professional and service-oriented uses. The property sits on a 0.683-acre lot with 4,020 square feet of interior space and features four separate entry and exit points for convenient access and operational flexibility. Inside, the main level includes a reception area and front desk, multiple private offices, conference and boardroom space, and dedicated classrooms that can be adapted for additional office use. The floor plan also includes a copy room, server room, storage areas, and men’s and women’s restrooms with multiple stalls.

A fully functional kitchen and break area supports staff, clients, or event attendees and includes a stove, dishwasher, two refrigerators, deep freezer, pantry, two microwaves, and laundry facilities with a washer and dryer. An upper level adds six cubicles, open collaborative workspace, storage areas, and mechanical rooms.

Built in 2004, the building includes concrete construction, central heating and central air conditioning, laminate and carpet flooring, a composition roof, a parking lot, and public water and public sewer services with cable available.

Key Highlights

  • 0.683‑acre lot with 4,020 square feet in an office‑building layout
  • Four separate entry and exit points for flexible access and operations
  • Built in 2004 with concrete construction, central heat, and central air

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 $96.0k $23.87
− Vacancy −$24.2k −$6.02
EGI $71.8k $17.85
− OpEx −$17.9k −$4.46
NOI $53.8k $13.39
4,020 SF · lease $23.87/SF/yr · vacancy 25.20% · expense 25.00%

Alternative Uses

Best Use
Office B
$769.0K
$672.9K – $897.2K (±1% cap)
NOI $53,832 @ 7.0% cap · market cap 6.15%
Second Best
Healthcare Medical
$760.8K
$665.7K – $887.6K (±1% cap)
NOI $53,257 @ 7.0% cap · market cap 6.09%
Theoretical Best
Office A
$1.12M
$983.3K – $1.31M (±1% cap)
NOI $78,662 @ 7.0% cap · market cap 8.99%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Future Foundation Research Foundation Abdur Rahim Enterprises Discount Store

Suggested Use

Top Pick Auto Parts Store Garden Center Veterinary Clinic Home Appliance Store Butcher Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,001
Businesses Nearby

Demographics for 30344, GA

35,365
Population
17,586
Households
2
Avg Household Size
36
Median Age
36%
College-Educated
89%
High-School Grad
12.1 sq mi
ZIP Area
2,923
Density / Sq Mi
$59,647
Median Household Income
$42,108
Median Earnings
$1,315
Median Rent
$240,700
Median Home Value

Market

Vacancy Rate% for Office in Atlanta, GA

17.9% 2019
20.4% 2020
22.2% 2021
22.4% 2022
23.8% 2023
25.2% 2024
25% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office building - Office building on a parking lot with a flexible interior layout and four entry and exit points.
Where is this office building located?
The property is located at 1892 Washington Road Atlanta, GA.
What is the asking price?
The asking price for this property is $875,000.
What are key features of this property?
This property features: 0.683‑acre lot with 4,020 square feet in an office‑building layout; Four separate entry and exit points for flexible access and operations; Built in 2004 with concrete construction, central heat, and central air
More about this property
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