Roswell Two-Story Adaptable
For Sale
Contact for pricing
205 Market Pl, Roswell, GA 30075
Two-story vacant property suitable for various uses with outdoor playground.
Property Size8,692 SF
Price / SF$270.36
Days on Market163
Property Features for 205 Market Pl
General Information
Standard status
Active
Size
8,692 SF
Property subtype
Special Purpose
Building Details
Year Built
1984
Listing Agency:
Coldwell Banker Commercial Metro Brokers
(770) 241-5658
Listed By:
Ben Choi · License #GA
Source:
Crexi
Added: Mar 14
Changed: Aug 8
Last Checked: Aug 22 at 7:53AM
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 Coldwell Banker Commercial Metro Brokers
Investment Insights
Based on property information with market context.
This two-story property, offered vacant, features approximately 6,546 square feet on the first floor and approximately 2,146 square feet on the second floor, totaling 8,692 square feet. The property includes an outdoor playground and is adaptable to various uses. The roof was replaced around 2020. It is ideally located for businesses servicing clients from Roswell, Alpharetta, Johns Creek, East Cobb, Woodstock, and surrounding areas. The property provides easy access via Market Place to Holcomb Bridge Road, or via Market Place to Grimes Bridge Road, utilizing the signalized intersection at Holcomb Bridge Road and Grimes Bridge Road. It also offers quick and easy access to major corridors, including Holcomb Bridge Road, Highway 9, E Crossville Road, and GA 400 (Exit 7). The property is located approximately 1.1 miles northwest of Exit 7A on GA 400 (Holcomb Bridge Road Exit) and approximately 0.6 miles southeast of the intersection of Highway 9, Holcomb Bridge Road (140), and E Crossville Road. Situated within the city limits of Roswell, it is close to Alpharetta and Johns Creek to the east and East Cobb to the west, approximately 1.2 miles west of Alpharetta, 4.1 miles west of Johns Creek, 4.6 miles east of East Cobb, 8.3 miles south of Woodstock (with easy access via Highway 92), and 9.4 miles north of the I-285/GA 400 Interchange. Currently configured as a preschool, this property is located in Roswell, Georgia.
Key Highlights
- Excellent location near Roswell, Alpharetta, Johns Creek, East Cobb, and Woodstock, with easy access to major corridors.
- Adaptable vacant property suitable for various uses.
- Two‑story building featuring approximately 8,692 SF.
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
$116,395
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
4.95%
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%
$2,327,900
$2.3M
Cap Rate 7%
$1,662,786
$1.7M
Cap Rate 9%
$1,293,278
$1.3M
Market Conditions
NOI Build-Up for 8,692 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
$207.5K $23.87/SF
− Vacancy
−$52.3K −$6.02/SF
EGI
$155.2K $17.85/SF
− OpEx
−$38.8K −$4.46/SF
NOI
$116.4K $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%
$2,327,900
Cap Rate 7%
$1,662,786
Cap Rate 9%
$1,293,278
Alternative Uses
Best Use
Office B
$1.66M
$1.45M – $1.94M
NOI $116,395 @ 7.0% cap · market cap 4.95%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.43M
$2.13M – $2.83M
NOI $170,082 @ 7.0% cap · market cap 7.24%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,883
Businesses Nearby
Well-served
Demand for This Use
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.
Similar Off Market Nearby
- HealthCare for Kids — 576 Colonial Park Dr Suite 120, Roswell, GA 30075
- Easter Seals North Georgia — 1240 Warsaw Rd, Roswell, GA 30076
- Water Oak Family Child Care Learning Home — 600 Rocky Creek Dr, Roswell, GA 30075
- Stepping Stones Academy — 9835 Old Dogwood Rd, Roswell, GA 30075
- Sterling Center for Kids — 970 Grimes Bridge Rd, Roswell, GA 30075
Frequently Asked Questions
What type of property is this?
Day care center - Two-story vacant property suitable for various uses with outdoor playground.
Where is this day care center located?
The property is located at 205 Market Pl Roswell, GA.
What is the asking price?
The asking price for this property is $2,350,000.
What are key features of this property?
This property features: Excellent location near Roswell, Alpharetta, Johns Creek, East Cobb, and Woodstock, with easy access to major corridors.; Adaptable vacant property suitable for various uses.; Two‑story building featuring approximately 8,692 SF.
