Turnkey Wellness and Office
1951 Old Concord Rd SE Smyrna, GA 30080
New
1951 Old Concord Rd SE, Smyrna, GA, 30080
$800,000
For Sale
$800,000
Six renovated buildings on a 0.97-acre lot with frontage on Old Concord Road in LRO-zoned Smyrna.
Property Size2,119 SF
Lot Size0.97 Acres
Price / SF$377.54
Days on Market2
Property Features for 1951 Old Concord Rd SE
General Information
- Standard status
- Active
- Size
- 2,119 SF
- Lot size
- 0.97 Acres
Building Details
- Year Built
- 1947
Listing agency
Keller Williams Realty First Atlanta
(404) 531-5700
Listed by
Charlie Gonzalez · License #361032
Source
Harmonandharmon
Added: Jul 20 Updated: Jul 21 at 11:23AM Checked: Jul 21 at 11:23AM
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 Keller Williams Realty First Atlanta
Investment Insights
Based on property information with market context.
This 2,119-square-foot commercial property consists of six buildings on a 0.97-acre campus. Originally built in 1947 and renovated in 2024 and 2025, the property is currently operating as The Rest Spot and features updated interiors and systems. The site is configured to support multiple commercial uses within its flexible campus layout.
The property is located at 1951 Old Concord Road SE in Smyrna, Georgia, with frontage on Old Concord Road. It is described as minutes from Downtown Smyrna and The Battery, and it provides convenient access to I-285, I-75, Atlanta Road, and South Cobb Drive.
Zoned LRO (Low Rise Office District), the property is positioned for a move-in-ready setup in an established mixed-use area, with suitability noted for wellness, office, retail, or other commercial uses.
The property is located at 1951 Old Concord Road SE in Smyrna, Georgia, with frontage on Old Concord Road. It is described as minutes from Downtown Smyrna and The Battery, and it provides convenient access to I-285, I-75, Atlanta Road, and South Cobb Drive.
Zoned LRO (Low Rise Office District), the property is positioned for a move-in-ready setup in an established mixed-use area, with suitability noted for wellness, office, retail, or other commercial uses.
Key Highlights
- 2,119 SF commercial property with six buildings on a 0.97‑acre lot in Smyrna, GA.
- Originally built in 1947; renovated interiors and systems in 2024 and 2025.
- Frontage on Old Concord Road at 1951 Old Concord Road, minutes from Downtown Smyrna and The Battery.
Local Financial Insights For Retail
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 | $46.5k | $21.96 |
| − Vacancy | −$4.0k | −$1.87 |
| EGI | $42.6k | $20.09 |
| − OpEx | −$12.8k | −$6.03 |
| NOI | $29.8k | $14.07 |
2,119 SF · lease $21.96/SF/yr · vacancy 8.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$425.8K
$372.6K – $496.8K
NOI $29,805 @ 7.0% cap · market cap 3.73%
Second Best
Office B
$405.4K
$354.7K – $472.9K
NOI $28,376 @ 7.0% cap · market cap 3.55%
Theoretical Best
Office A
$595.0K
$520.6K – $694.2K
NOI $41,651 @ 7.0% cap · market cap 5.21%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
The Rest Spot
Health Resort
Asistencia Latino Americana. ...
Tax Preparation
Centro De Taxes ...
Tax Preparation
Similar For Sale Nearby
Similar Off Market Nearby
- Perfect 4 U Wellness — 221 Spring Valley Rd SE, Marietta, GA 30060
FAQs
What type of property is this?
Spa & wellness property - Six renovated buildings on a 0.97-acre lot with frontage on Old Concord Road in LRO-zoned Smyrna.
Where is this spa & wellness property located?
The property is located at 1951 Old Concord Rd SE Smyrna, GA.
What is the asking price?
The asking price for this property is $800,000.
What are key features of this property?
This property features: 2,119 SF commercial property with six buildings on a 0.97‑acre lot in Smyrna, GA.; Originally built in 1947; renovated interiors and systems in 2024 and 2025.; Frontage on Old Concord Road at 1951 Old Concord Road, minutes from Downtown Smyrna and The Battery.