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Turnkey Wellness and Office Campus

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
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.

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 (±1% cap)
NOI $29,805 @ 7.0% cap · market cap 3.73%
Second Best
Office B
$405.4K
$354.7K – $472.9K (±1% cap)
NOI $28,376 @ 7.0% cap · market cap 3.55%
Theoretical Best
Office A
$595.0K
$520.6K – $694.2K (±1% cap)
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

Suggested Use

Parking Lot & Garage Dental Office Skin Care Clinic Law Firm Home Appliance Store (Bike/Boat/Book/etc) Store Garden Center (Bike/Boat/Book/etc) Store Real Estate Agency Acupuncture

Zoning and permitted uses should be independently verified with local authorities.

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.
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