Freestanding Office Building with Meeting
For Sale
$1,400,000
Pending
2791 Woodland Terrace, Smyrna, GA 30080
Single-story office property with private work areas, two meeting spaces, and a full kitchen.
Property Size5,600 SF
Lot Size1.09 Acres
Days on Market59
Property Features for 2791 Woodland Terrace
General Information
Standard status
Pending
Size
5,600 SF
Total Parking Spaces
28
Lot size
1.09 Acres
Property subtype
Office
Additional Details
Highway Access
Yes
Amenities
break room
full kitchen
washer/dryer
multi-purpose room
conference room
fob-controlled entry system
shower
Building Details
Building Size
5,600 SF
Year Built
2008
Year Renovated
2024
Buildings
1
Stories
1
Construction
brick
Listing Agency:
NAI Elrod Group
Listed By:
Brian Elrod · License #251606
(678) 859-6110
Source:
Evatlanta
Added: Aug 13
Changed: Oct 8
Last Checked: Oct 10 at 12:21AM
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 NAI Elrod Group
Investment Insights
Based on property information with market context.
The 5,600 SF freestanding office building occupies 1.09 acres and was built in 2008, with a permitted remodel completed in 2024. Its single-story, all-brick construction includes seven private offices, four restrooms, and a break room equipped with a full kitchen, stove, dishwasher, ice maker, washer, and dryer. One restroom includes a shower. Separate conference and multi-purpose rooms provide distinct settings for meetings or training, while six HVAC units support the building. Entry is managed through a fob-controlled access system, and the site provides 28 parking spaces.
Located off Spring Rd SE near Cobb Pkwy (US-41), the property is approximately ½ mile from Cobb Parkway, 0.7 miles from I-285, and approximately 2 miles from I-75. Cobb Pkwy carries 34,500 vehicles per day. Cobb Convention Center – Atlanta, Truist Park, and The Battery Atlanta are each less than one mile away, within the Cumberland commercial district.
Located off Spring Rd SE near Cobb Pkwy (US-41), the property is approximately ½ mile from Cobb Parkway, 0.7 miles from I-285, and approximately 2 miles from I-75. Cobb Pkwy carries 34,500 vehicles per day. Cobb Convention Center – Atlanta, Truist Park, and The Battery Atlanta are each less than one mile away, within the Cumberland commercial district.
Key Highlights
- 5,600 SF freestanding office building on 1.09 acres
- Permitted remodel completed in 2024; built in 2008
- Seven private offices plus separate conference and multi‑purpose rooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$74,990
Cap Rate
5.36%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,499,800
$1.5M
Cap Rate 7%
$1,071,286
$1.1M
Cap Rate 9%
$833,222
$833.2K
Market Conditions
NOI Build-Up for 5,600 SF
Gross rent
$133.7K $23.87/SF
− Vacancy
−$33.7K −$6.02/SF
EGI
$100.0K $17.85/SF
− OpEx
−$25.0K −$4.46/SF
NOI
$75.0K $13.39/SF
Area
Cobb 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 Rate 5%
$1,499,800
Cap Rate 7%
$1,071,286
Cap Rate 9%
$833,222
Alternative Uses
Best Use
Office B
$1.07M
$937.4K – $1.25M
NOI $74,990 @ 7.0% cap · market cap 5.36%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.57M
$1.38M – $1.83M
NOI $110,074 @ 7.0% cap · market cap 7.86%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,185
Businesses Nearby
Explore this area
Business Placement
Demographics for 30080, GA
52,125
Population
27,081
Households
1.9
Avg Household Size
35
Median Age
58%
College-Educated
94%
High-School Grad
12.6 sq mi
ZIP Area
4,137
Density / Sq Mi
$87,949
Median Household Income
$59,267
Median Earnings
$1,660
Median Rent
$409,700
Median Home Value
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Market
Vacancy Rate% for Office in South region
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Frequently Asked Questions
What type of property is this?
Office building - Single-story office property with private work areas, two meeting spaces, and a full kitchen.
Where is this office building located?
The property is located at 2791 Woodland Terrace Smyrna, 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: 5,600 SF freestanding office building on 1.09 acres; Permitted remodel completed in 2024; built in 2008; Seven private offices plus separate conference and multi‑purpose rooms
