Standalone Brick Office
For Sale
$675,000
2381 Shallowford Terrace, Atlanta, GA 30341
Four-sided brick office building with a corner-lot layout, reception, offices, conference room, and ample surface parking.
Property Size1,952 SF
Days on Market97
Property Features for 2381 Shallowford Terrace
General Information
Standard status
Active
Size
1,952 SF
Total Parking Spaces
10
Property subtype
Commercial
Zoning
O&I
Additional Details
Highway Access
Yes
Amenities
0.266 acres, Corner Lot, Level
Composition
Public Sewer
Parcel Number: 18 269 02 001, Annual Amount: $6,090, Year: 2025
Carpet, Tile
Central Air, Electric
Central, Natural Gas
Listing ID: 10804940, Standard Status: Active, MLS Status: Active, On market as of 2026-07-14, 94 days on market, Special Conditions: As Is
10 total parking spaces, Parking Lot, Paved
Built in 1952, Construction Materials: Brick
County/Parish: DeKalb
Resale
Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available, Water Source: Public
Negotiable
Water Body Name: NONE
Building Security
Accessible Approach with Ramp, Accessible Entrance
Building Details
Building Size
1,952 SF
Year Built
1952
Listing Agency:
HomeMax Realty, Inc.
(770) 986-9900
Listed By:
Peter Nguyen · License #182975
(770) 633-7786
Source:
Blackstreaminternational
Added: Jul 14
Changed: Oct 16
Last Checked: Oct 16 at 8:02AM
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 HomeMax Realty, Inc.
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This standalone four-sided brick office building sits on a corner lot and is currently zoned O&I. The interior is set up with a reception area, a conference room, workstation area, restrooms, a kitchenette, and a storage room. The property also includes 10 or more surface parking spaces in the lot.
The building is located in the Chamblee/Doraville/North Druid Hills area, with convenient access to I-85 and I-285. Public transportation is nearby.
For owners and investors seeking an office property with a straightforward on-site parking arrangement and multiple functional interior rooms, this is a well-suited option in its current configuration.
The building is located in the Chamblee/Doraville/North Druid Hills area, with convenient access to I-85 and I-285. Public transportation is nearby.
For owners and investors seeking an office property with a straightforward on-site parking arrangement and multiple functional interior rooms, this is a well-suited option in its current configuration.
Key Highlights
- 1952‑built four‑sided brick office building on a corner lot with standalone layout
- Current O&I zoning
- Interior includes reception area, conference room, workstation area, restrooms, kitchenette, and storage room
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$26,139
Cap Rate
3.87%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$522,780
$522.8K
Cap Rate 7%
$373,414
$373.4K
Cap Rate 9%
$290,433
$290.4K
Market Conditions
NOI Build-Up for 1,952 SF
Gross rent
$46.6K $23.87/SF
− Vacancy
−$11.7K −$6.02/SF
EGI
$34.9K $17.85/SF
− OpEx
−$8.7K −$4.46/SF
NOI
$26.1K $13.39/SF
Area
Atlanta, 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 Rate 5%
$522,780
Cap Rate 7%
$373,414
Cap Rate 9%
$290,433
Alternative Uses
Best Use
Office B
$373.4K
$326.7K – $435.7K
NOI $26,139 @ 7.0% cap · market cap 3.87%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$545.7K
$477.5K – $636.6K
NOI $38,196 @ 7.0% cap · market cap 5.66%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
683
Businesses Nearby
Explore this area
Business Placement
Demographics for 30341, GA
35,959
Population
15,347
Households
2.3
Avg Household Size
33
Median Age
54%
College-Educated
86%
High-School Grad
10.0 sq mi
ZIP Area
3,596
Density / Sq Mi
$81,774
Median Household Income
$55,563
Median Earnings
$1,746
Median Rent
$438,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Atlanta, GA
Frequently Asked Questions
What type of property is this?
Office building - Four-sided brick office building with a corner-lot layout, reception, offices, conference room, and ample surface parking.
Where is this office building located?
The property is located at 2381 Shallowford Terrace Atlanta, GA.
What is the asking price?
The asking price for this property is $675,000.
What are key features of this property?
This property features: 1952‑built four‑sided brick office building on a corner lot with standalone layout; Current O&I zoning; Interior includes reception area, conference room, workstation area, restrooms, kitchenette, and storage room
