Two-Level Office
For Sale
$875,000
1892 Washington Road, Atlanta, GA 30344
Commercial Sale, Atlanta, GA
Property Size4,020 SF
Lot Size0.68 Acres
Price / SF$217.66
Days on Market138
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
Building Details
Year built
2004
Flooring type
Laminate, Carpet
Building materials
Concrete
Roof type
Composition
Listing Agency:
Engel & V?lkers Atlanta · Engel & Völkers
(404) 845-7724
Listed By:
Jenea Kennedy · License #242671
(404) 304-8964
Added: Jun 19
Changed: Oct 28
Last Checked: Nov 3 at 5:06AM
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.
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Investment Insights
Based on property information with market context.
Built in 2004, this 4,020-square-foot office property occupies two levels within a 0.683-acre parcel. The interior combines private offices, meeting and boardroom areas, classroom space, reception functions, storage, copy and server rooms, and restrooms. A kitchen and break area includes two refrigerators, a deep freezer, stove, dishwasher, pantry, two microwaves, and laundry equipment. The second level adds six cubicles, open work space, storage, and mechanical rooms.
The building has four separate entry and exit points, a parking lot, central heating, central air conditioning, laminate and carpet flooring, concrete construction, and a composition roof. Public water and public sewer serve the property, with cable available. The configuration supports office, training, administrative, or other professional operations requiring a combination of enclosed rooms and shared work areas.
The building has four separate entry and exit points, a parking lot, central heating, central air conditioning, laminate and carpet flooring, concrete construction, and a composition roof. Public water and public sewer serve the property, with cable available. The configuration supports office, training, administrative, or other professional operations requiring a combination of enclosed rooms and shared work areas.
Key Highlights
- 4,020 square feet across two levels on a 0.683‑acre parcel
- Built in 2004 with concrete construction and a composition roof
- Four separate entry and exit points support multiple access patterns
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$53,832
Cap Rate
6.15%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,076,640
$1.1M
Cap Rate 7%
$769,029
$769.0K
Cap Rate 9%
$598,133
$598.1K
Market Conditions
NOI Build-Up for 4,020 SF
Gross rent
$96.0K $23.87/SF
− Vacancy
−$24.2K −$6.02/SF
EGI
$71.8K $17.85/SF
− OpEx
−$17.9K −$4.46/SF
NOI
$53.8K $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%
$1,076,640
Cap Rate 7%
$769,029
Cap Rate 9%
$598,133
Alternative Uses
Best Use
Office B
$769.0K
$672.9K – $897.2K
NOI $53,832 @ 7.0% cap · market cap 6.15%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.12M
$983.3K – $1.31M
NOI $78,662 @ 7.0% cap · market cap 8.99%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
1,001
Businesses Nearby
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Business Placement
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
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Market
Vacancy Rate% for Office in Atlanta, GA
Frequently Asked Questions
What type of property is this?
Office building - Adaptable professional facility with private offices, meeting rooms, classrooms, support areas, and on-site parking.
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: 4,020 square feet across two levels on a 0.683‑acre parcel; Built in 2004 with concrete construction and a composition roof; Four separate entry and exit points support multiple access patterns
