Second-Floor Office
For Sale
$175,000
200 Market Place Unit 240, Roswell, GA 30075
Well-maintained office condo with reception, three private offices, restroom, and flexible support space.
Property Size975 SF
Price / SF$179.49
Days on Market322
Property Features for 200 Market Place Unit 240
General Information
Standard status
Active
Size
975 SF
Property subtype
General Commercial
Additional Details
Floor
2
Highway Access
Yes
Taxes and HOA fees
Annual Taxes
$1,461
Amenities
Central Air
3
Parking.
Paved Driveway, Lot.
958.3200073242188
Business Park.
Building Details
Year Built
1983
Listing Agency:
CBC Metro Brokers
(678) 320-4800
Listed By:
Andrea Paulinelli · License #324417
(678) 320-4800
Source:
Xome
Added: Oct 14, 2025
Changed: Aug 30
Last Checked: Aug 30 at 12:55PM
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 CBC Metro Brokers
Investment Insights
Based on property information with market context.
This 975 SF second-floor office condo includes a reception area, three private offices, a restroom, and an additional flex area. The flexible space can accommodate a small kitchen, break room, or storage function, providing practical support for a compact professional office configuration.
The property is positioned near the Grimes Bridge and Holcomb Bridge Road intersection, with access to GA-400 and downtown Roswell. Shopping, dining, and entertainment destinations are also located minutes away. The office condo is suited to an owner-user or investor seeking a small professional office property in Roswell.
The property is positioned near the Grimes Bridge and Holcomb Bridge Road intersection, with access to GA-400 and downtown Roswell. Shopping, dining, and entertainment destinations are also located minutes away. The office condo is suited to an owner-user or investor seeking a small professional office property in Roswell.
Key Highlights
- 975 SF second‑floor office condo
- Reception area, three private offices, and restroom
- Flex area suitable for a small kitchen, break room, or storage
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$13,056
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.46%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$261,120
$261.1K
Cap Rate 7%
$186,514
$186.5K
Cap Rate 9%
$145,067
$145.1K
Market Conditions
NOI Build-Up for 975 SF
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.
Gross rent
$23.3K $23.87/SF
− Vacancy
−$5.9K −$6.02/SF
EGI
$17.4K $17.85/SF
− OpEx
−$4.4K −$4.46/SF
NOI
$13.1K $13.39/SF
Area
Fulton County, 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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$261,120
Cap Rate 7%
$186,514
Cap Rate 9%
$145,067
Alternative Uses
Best Use
Office B
$186.5K
$163.2K – $217.6K
NOI $13,056 @ 7.0% cap · market cap 7.46%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$272.5K
$238.5K – $318.0K
NOI $19,078 @ 7.0% cap · market cap 10.90%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,883
Businesses Nearby
Explore this area
Business Placement
Demographics for 30075, GA
56,161
Population
22,190
Households
2.5
Avg Household Size
43
Median Age
70%
College-Educated
98%
High-School Grad
29.7 sq mi
ZIP Area
1,891
Density / Sq Mi
$153,743
Median Household Income
$76,630
Median Earnings
$1,790
Median Rent
$575,200
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Office units - Well-maintained office condo with reception, three private offices, restroom, and flexible support space.
Where is this office units located?
The property is located at 200 Market Place Unit 240 Roswell, GA.
What is the asking price?
The asking price for this property is $175,000.
What are key features of this property?
This property features: 975 SF second‑floor office condo; Reception area, three private offices, and restroom; Flex area suitable for a small kitchen, break room, or storage
