Second-Floor Mixed-Use
For Sale
$1,400,000
2730 North Berkeley Lake Road Northwest Unit B1000, Duluth, GA 30096
Five rooms, two bathrooms, and an open area provide a flexible commercial layout within a shopping center.
Property Size7,240 SF
Price / SF$193.37
Days on Market349
Property Features for 2730 North Berkeley Lake Road Northwest Unit B1000
General Information
Standard status
Active
Size
7,240 SF
Total Parking Spaces
6
Property subtype
Commercial Sale / Mixed Use
Site & Location
Highway Access
Yes
Road Access
Yes
Additional Details
Floor
2
Taxes and HOA fees
Annual Taxes
$8,792
Amenities
private bathroom
spacious open area
additional separate bathroom
Central Air
Central, Other
Laminate, Other
Concrete Perimeter
Two
Aluminum Frames, Insulated Windows
High Ceilings 10 or Greater, Low Flow Plumbing Fixtures, Restrooms
Flat, Other
Delivery Door, Dock
No
Asphalt
Fire Alarm
3
City Street
Accessible Approach with Ramp, Accessible Doors, Accessible Entrance, Accessible for Hearing-Impairment, Accessible Hallway(s), Accessible Kitchen
Block, Fiber Cement
Building Details
Year Built
2006
Listing Agency:
Heritage GA. Realty
(770) 212-1616
Listed By:
Justin J Oh · License #291982
(770) 212-1616
Source:
Compass
Added: Sep 17, 2025
Changed: Aug 31
Last Checked: Aug 31 at 2:06AM
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 Heritage GA. Realty
Investment Insights
Based on property information with market context.
Located at 2730 North Berkeley Lake Road Northwest, Unit B1000, this mixed-use property includes a second-floor configuration with five separate rooms, a private bathroom, an additional bathroom, and a broad open area suitable for meetings or team workspace. Central air, high ceilings, insulated windows, laminate and concrete finishes, low-flow plumbing fixtures, and fire-alarm protection are among the reported improvements. The building was constructed in 2006 and includes a delivery door and dock.
The property is situated in a shopping center near Super Walmart and H-Mart, with restaurants and retail services in the surrounding area. Access to I-85 and Pleasant Hill Road supports connectivity to the broader Duluth market. Accessible entrances, doors, hallways, and ramp access are also provided.
The property is situated in a shopping center near Super Walmart and H-Mart, with restaurants and retail services in the surrounding area. Access to I-85 and Pleasant Hill Road supports connectivity to the broader Duluth market. Accessible entrances, doors, hallways, and ramp access are also provided.
Key Highlights
- Second‑floor layout with five rooms, a private bathroom, an additional bathroom, and an open area
- 7,240 property size
- Shopping center setting near Super Walmart and H‑Mart
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
$96,951
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
6.93%
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%
$1,939,020
$1.9M
Cap Rate 7%
$1,385,014
$1.4M
Cap Rate 9%
$1,077,233
$1.1M
Market Conditions
NOI Build-Up for 7,240 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
$172.8K $23.87/SF
− Vacancy
−$43.6K −$6.02/SF
EGI
$129.3K $17.85/SF
− OpEx
−$32.3K −$4.46/SF
NOI
$97.0K $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%
$1,939,020
Cap Rate 7%
$1,385,014
Cap Rate 9%
$1,077,233
Alternative Uses
Best Use
Office B
$1.39M
$1.21M – $1.62M
NOI $96,951 @ 7.0% cap · market cap 6.93%
Second Best
Mixed Use
$1.26M
$1.10M – $1.47M
NOI $87,966 @ 7.0% cap · market cap 6.28%
Theoretical Best
Office A
$2.02M
$1.77M – $2.36M
NOI $141,670 @ 7.0% cap · market cap 10.12%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
705
Businesses Nearby
Explore this area
Business Placement
Demographics for 30096, GA
69,953
Population
28,903
Households
2.4
Avg Household Size
36
Median Age
42%
College-Educated
90%
High-School Grad
22.7 sq mi
ZIP Area
3,082
Density / Sq Mi
$75,478
Median Household Income
$43,080
Median Earnings
$1,741
Median Rent
$342,700
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?
Mixed-use property - Five rooms, two bathrooms, and an open area provide a flexible commercial layout within a shopping center.
Where is this mixed-use property located?
The property is located at 2730 North Berkeley Lake Road Northwest Unit B1000 Duluth, GA.
What is the asking price?
The asking price for this property is $1,400,000.
What are key features of this property?
This property features: Second‑floor layout with five rooms, a private bathroom, an additional bathroom, and an open area; 7,240 property size; Shopping center setting near Super Walmart and H‑Mart
