Office Building with Conference
For Sale
$475,000
200-1060 Garland Dr, Bogart, GA 30622
Professional layout includes private offices, restrooms, and a kitchenette.
Property Size1,764 SF
Price / SF$269.27
Days on Market70
Property Features for 200-1060 Garland Dr
General Information
Standard status
Active
Size
1,764 SF
Listing Agency:
NAI Elrod Group
(706) 553-1000
Listed By:
Brian Elrod · License ##251606
(678) 859-6110
Source:
Exprealty
Added: Aug 6
Changed: Oct 13
Last Checked: Oct 12 at 8:32PM
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 NAI Elrod Group
Investment Insights
Based on property information with market context.
This 1,764-square-foot office building combines upscale interior finishes with a brick and stacked-stone exterior. The floor plan includes private offices, a conference room, restrooms, and a kitchenette. Building 200 is the final structure completed within the Beacon Pointe office park.
The property is positioned on Highway 78 in Bogart, with access to Hwy 53 and Hwy 316. Downtown Athens and The University of Georgia are 12 miles away, while downtown Atlanta is less than 60 miles from the property. The Georgia Club, Lane Creek Golf Club, and Oconee County Parks are nearby, and Epps Bridge shopping and dining is 10 minutes away. Seven schools are within a 5-minute radius.
The property is positioned on Highway 78 in Bogart, with access to Hwy 53 and Hwy 316. Downtown Athens and The University of Georgia are 12 miles away, while downtown Atlanta is less than 60 miles from the property. The Georgia Club, Lane Creek Golf Club, and Oconee County Parks are nearby, and Epps Bridge shopping and dining is 10 minutes away. Seven schools are within a 5-minute radius.
Key Highlights
- 1,764 SF office building with private offices, conference room, restrooms, and kitchenette
- Upscale interior finishes with brick and stacked‑stone exterior
- Building 200 is the final building constructed in Beacon Pointe office park
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$22,833
Cap Rate
4.81%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$456,660
$456.7K
Cap Rate 7%
$326,186
$326.2K
Cap Rate 9%
$253,700
$253.7K
Market Conditions
NOI Build-Up for 1,764 SF
Gross rent
$38.1K $21.60/SF
− Vacancy
−$7.7K −$4.34/SF
EGI
$30.4K $17.26/SF
− OpEx
−$7.6K −$4.31/SF
NOI
$22.8K $12.94/SF
Area
Clarke County, GA
Vacancy
20.10%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$456,660
Cap Rate 7%
$326,186
Cap Rate 9%
$253,700
Alternative Uses
Best Use
Office B
$326.2K
$285.4K – $380.6K
NOI $22,833 @ 7.0% cap · market cap 4.81%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$425.2K
$372.1K – $496.1K
NOI $29,767 @ 7.0% cap · market cap 6.27%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
35
Businesses Nearby
Explore this area
Business Placement
Demographics for 30622, GA
11,044
Population
4,336
Households
2.5
Avg Household Size
39
Median Age
58%
College-Educated
96%
High-School Grad
37.0 sq mi
ZIP Area
298
Density / Sq Mi
$127,530
Median Household Income
$60,960
Median Earnings
$1,603
Median Rent
$379,400
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Professional layout includes private offices, restrooms, and a kitchenette.
Where is this office building located?
The property is located at 200-1060 Garland Dr Bogart, GA.
What is the asking price?
The asking price for this property is $475,000.
What are key features of this property?
This property features: 1,764 SF office building with private offices, conference room, restrooms, and kitchenette; Upscale interior finishes with brick and stacked‑stone exterior; Building 200 is the final building constructed in Beacon Pointe office park
