Freestanding Office
New
For Sale
$340,000
2054 Harobi Drive, Tucker, GA 30084
Tenant-occupied office property with private and collaborative work areas in a landscaped setting.
Property Size1,982 SF
Price / SF$271.13
Days on Market7
Property Features for 2054 Harobi Drive
General Information
Standard status
Active
Size
1,982 SF
Property subtype
Other
Additional Details
Gross Income
$27,864
Amenities
0.3 acres, Corner Lot
Composition
Public Sewer
Annual Amount: $120, Year: 2025
Carpet
Central Air, Electric
Electric
Cumulative Days on Market: 2, 2 days on market, On Market Date: 2026-08-10
Parking Total: 12, Parking Lot
Built in 1982, Vinyl Siding, Office, Retail
County: DeKalb
Resale
Cable Available, Electricity Available, Phone Available, Sewer Available, Underground Utilities, Water Available, Private
Close Of Escrow
Water body: NONE
Fixtures
Building Details
Building Size
1,982 SF
Year Built
1982
Buildings
1
Tenancy
Single
Owner Occupied
No
Abandoned
No
Listing Agency:
Sellect Realty, LLC
(770) 509-0265
Listed By:
Chris Evans
(770) 509-0265
Source:
Blackstreaminternational
Added: Aug 10
Changed: Aug 14
Last Checked: Aug 15 at 7:07AM
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 Sellect Realty, LLC
Investment Insights
Based on property information with market context.
This freestanding office building contains 1,254 SF arranged for both focused and shared work. The floor plan includes a reception area, private office, open bullpen, conference room, kitchen, two bathrooms, and a dedicated mechanical room. Vaulted ceilings, built-in cabinetry, shelving, and abundant natural light add functional character throughout the interior. The property was built in 1982 and is currently occupied by a tenant.
On-site parking, mature landscaping, and wooded surroundings provide a private setting at 2054 Harobi Drive in Tucker, Georgia. The combination of enclosed offices, meeting space, and a larger work area supports a range of professional office configurations without the constraints of a conventional multi-tenant suite.
On-site parking, mature landscaping, and wooded surroundings provide a private setting at 2054 Harobi Drive in Tucker, Georgia. The combination of enclosed offices, meeting space, and a larger work area supports a range of professional office configurations without the constraints of a conventional multi-tenant suite.
Key Highlights
- 1,254 SF freestanding office building
- Tenant in place at the time of sale
- Reception area, private office, bullpen, and conference room
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
$16,792
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
4.94%
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%
$335,840
$335.8K
Cap Rate 7%
$239,886
$239.9K
Cap Rate 9%
$186,578
$186.6K
Market Conditions
NOI Build-Up for 1,254 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
$29.9K $23.87/SF
− Vacancy
−$7.5K −$6.02/SF
EGI
$22.4K $17.85/SF
− OpEx
−$5.6K −$4.46/SF
NOI
$16.8K $13.39/SF
Area
DeKalb 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%
$335,840
Cap Rate 7%
$239,886
Cap Rate 9%
$186,578
Alternative Uses
Best Use
Office B
$239.9K
$209.9K – $279.9K
NOI $16,792 @ 7.0% cap · market cap 4.94%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$350.5K
$306.7K – $409.0K
NOI $24,538 @ 7.0% cap · market cap 7.22%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,236
Businesses Nearby
Explore this area
Business Placement
Demographics for 30084, GA
41,654
Population
15,950
Households
2.6
Avg Household Size
38
Median Age
42%
College-Educated
87%
High-School Grad
14.9 sq mi
ZIP Area
2,796
Density / Sq Mi
$82,747
Median Household Income
$42,528
Median Earnings
$1,617
Median Rent
$332,000
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 - Tenant-occupied office property with private and collaborative work areas in a landscaped setting.
Where is this office building located?
The property is located at 2054 Harobi Drive Tucker, GA.
What is the asking price?
The asking price for this property is $340,000.
What are key features of this property?
This property features: 1,254 SF freestanding office building; Tenant in place at the time of sale; Reception area, private office, bullpen, and conference room
