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Office Building with Meeting Rooms

2791 Woodland Terrace, Smyrna, GA 30080

For Sale
$1,400,000
Under Contract

Commercial Sale, Smyrna, GA

Property Size5,600 SF
Lot Size1.09 Acres
Price / SF$250
Days on Market91

Property Features for 2791 Woodland Terrace

General Information

Property type Commercial Sale
Property subtype Office
Parking 28
Appliances Dryer, Dishwasher, Electric Water Heater, Ice Maker, Microwave, Oven, Range, Refrigerator, Washer
Directions Exit I-285 at Cobb Pkwy/US-41 (Exit 19) and follow Cobb Pkwy to Spring Rd SE. Turn onto Spring Rd SE, then turn onto Woodland Terrace SE. The property is on the left.
Standard status Active Under Contract
APN 17084700240
Size 5,600 SF
Lot size 1.09 Acres

Additional Details

Property Use Office
Condition Newly Renovated

Taxes and HOA fees

Tax Description 14541 5253
Legal Description 14541 5253

Utilities

Sewer type Public Sewer
Heating system Electric (Heating), Central
Cooling system Central Air, Electric
Water source Public

Amenities

break room with full kitchen
Multi-Purpose Room
conference room

Building Details

Year built 2008
Floors in Building 1
Building materials Brick
Architectural style Other
Buildings 1
Listing Agency: NAI Elrod Group
Listed By: Brian Elrod · License GA #251606
Added: Aug 13 Changed: Nov 11 Last Checked: Nov 11 at 1:06PM
MLS# CL362611

Copyright © 2026 Hive MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Rey
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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 5,600-square-foot freestanding office building occupies 1.09 acres and was constructed in 2008, with a permitted remodel completed in 2024. The single-story, all-brick property offers seven private offices, four restrooms, a break room with a full kitchen, and separate conference and multipurpose rooms. Kitchen equipment includes a stove, dishwasher, ice maker, washer, and dryer. Six HVAC units support the building, while a fob-based entry system manages access. The site includes 28 parking spaces.

Located off Spring Rd SE in Smyrna, the property is near Cobb Pkwy (US-41), which carries 34,500 vehicles per day. Cobb Parkway is approximately 1/2 mile away, I-285 is 0.7 miles away, and I-75 is approximately 2 miles away. Cobb Convention Center - Atlanta, Truist Park, and The Battery Atlanta are each less than one mile from the property.

Key Highlights

  • 5,600 SF freestanding office building on 1.09 acres
  • 2008 construction with permitted remodel completed in 2024
  • Seven private offices, conference room, and separate multipurpose room

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 (±1% cap)
NOI $74,990 @ 7.0% cap · market cap 5.36%
Second Best
—
—
no second resolved use
Theoretical Best
Retail
$1.61M
$1.41M – $1.88M (±1% cap)
NOI $113,014 @ 7.0% cap · market cap 8.07%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

IBEW Local 84 Advocacy Group

Suggested Use

Top Pick Building Supply Auto Parts Store Electrical Service Garden Center Auto Repair Shop Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

7
Office units
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1,271
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Average Price Trend$/SF for Office buildings in Cobb County, GA

$252 Jul
$300 Aug
$287 Sep
$286 Oct

Properties on Market for Office buildings in Cobb County

Jul
Aug
Sep
Oct

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025

Frequently Asked Questions

What type of property is this?
Office building - Freestanding, single-story office property with private offices, kitchen facilities, and controlled access.
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; 2008 construction with permitted remodel completed in 2024; Seven private offices, conference room, and separate multipurpose room
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Includes: Price & PSF · Cap rate · Location · Zoning

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