Freestanding Medical Office
For Sale
$540,000
1929 Old Salem Road SE, Conyers, GA 30013
A one-story office layout includes private offices, storage, and space suited to patient-facing use.
Property Size2,600 SF
Price / SF$207.69
Days on Market62
Property Features for 1929 Old Salem Road SE
General Information
Standard status
Active
Size
2,600 SF
Total Parking Spaces
12
Property subtype
Commercial
Zoning
O/I
Site & Location
Highway Access
Yes
Road Access
Yes
Additional Details
Property Use
Office
Taxes and HOA fees
Annual Taxes
$4,984
Building Details
Building Size
2,600 SF
Year Built
2011
Buildings
1
Stories
1
Construction
brick
Listed By:
Debbie Conner Smith
(770) 464-0897
Source:
Connersmithrealty
Added: Aug 26
Changed: Oct 25
Last Checked: Oct 26 at 3:54AM
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 Debbie Conner Smith
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Investment Insights
Based on property information with market context.
This freestanding, one-story brick medical office building contains 2,600 square feet and was built in 2011. The interior includes a lobby and reception area, two private offices, file and storage areas, a break room, and two bathrooms. Additional rooms can function as offices or patient areas, and the property is zoned O/I (Office/Industrial).
The site has access from Old Salem Road and Flat Shoals Road, with I-20 reachable via the Hwy 138 exit 84. The sale includes both the building and land; the property is offered for sale only.
The site has access from Old Salem Road and Flat Shoals Road, with I-20 reachable via the Hwy 138 exit 84. The sale includes both the building and land; the property is offered for sale only.
Key Highlights
- 2,600‑square‑foot, one‑story brick medical office building
- Built in 2011; zoned O/I (Office/Industrial)
- Lobby, reception area, two private offices, file and storage areas
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$37,697
Cap Rate
6.98%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$753,940
$753.9K
Cap Rate 7%
$538,529
$538.5K
Cap Rate 9%
$418,856
$418.9K
Market Conditions
NOI Build-Up for 2,600 SF
Gross rent
$70.2K $27.00/SF
− Vacancy
−$7.4K −$2.84/SF
EGI
$62.8K $24.17/SF
− OpEx
−$25.1K −$9.67/SF
NOI
$37.7K $14.50/SF
Area
Rockdale County, GA
Vacancy
10.50%
Lease Rate
$27.00 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$753,940
Cap Rate 7%
$538,529
Cap Rate 9%
$418,856
Alternative Uses
Best Use
Healthcare Medical
$538.5K
$471.2K – $628.3K
NOI $37,697 @ 7.0% cap · market cap 6.98%
Second Best
Office B
$497.4K
$435.2K – $580.3K
NOI $34,817 @ 7.0% cap · market cap 6.45%
Theoretical Best
Office A
$730.1K
$638.8K – $851.8K
NOI $51,106 @ 7.0% cap · market cap 9.46%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
202
Businesses Nearby
Under-served
Demand for This Use
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Business Placement
Demographics for 30013, GA
29,181
Population
11,138
Households
2.6
Avg Household Size
38
Median Age
33%
College-Educated
93%
High-School Grad
28.4 sq mi
ZIP Area
1,028
Density / Sq Mi
$71,086
Median Household Income
$41,244
Median Earnings
$1,447
Median Rent
$274,300
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?
Medical Office Space - A one-story office layout includes private offices, storage, and space suited to patient-facing use.
Where is this medical office space located?
The property is located at 1929 Old Salem Road SE Conyers, GA.
What is the asking price?
The asking price for this property is $540,000.
What are key features of this property?
This property features: 2,600‑square‑foot, one‑story brick medical office building; Built in 2011; zoned O/I (Office/Industrial); Lobby, reception area, two private offices, file and storage areas
