Office
For Sale
Contact for pricing
2911 Piedmont Rd NE, Atlanta, GA 30305
Office property with access to GA-400, I-85, and Peachtree Road.
Property Size8,000 SF
Price / SF$274.38
Days on Market307
Property Features for 2911 Piedmont Rd NE
General Information
Standard status
Active
Size
8,000 SF
Property subtype
Office
Additional Details
Highway Access
Yes
Building Details
Stories
2
Listing Agency:
Cresa
(404) 257-8866
Listed By:
Steve Hanna · License #GA
Source:
Crexi
Added: Oct 30, 2025
Changed: Aug 30
Last Checked: Aug 30 at 1:02PM
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 Cresa
Investment Insights
Based on property information with market context.
The property is an 8,000-square-foot office building at 2911 Piedmont Rd NE. Located in Buckhead, the asset is just minutes from GA-400, I-85, and Peachtree Road, providing access to Midtown, Downtown, and the surrounding Atlanta metro area. The property is in Atlanta, GA 30305.
Key Highlights
- 8,000‑square‑foot office building
- 2911 Piedmont Rd NE address in Atlanta, GA 30305
- Located in Buckhead
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
$107,129
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
4.88%
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%
$2,142,580
$2.1M
Cap Rate 7%
$1,530,414
$1.5M
Cap Rate 9%
$1,190,322
$1.2M
Market Conditions
NOI Build-Up for 8,000 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
$191.0K $23.87/SF
− Vacancy
−$48.1K −$6.02/SF
EGI
$142.8K $17.85/SF
− OpEx
−$35.7K −$4.46/SF
NOI
$107.1K $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 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%
$2,142,580
Cap Rate 7%
$1,530,414
Cap Rate 9%
$1,190,322
Alternative Uses
Best Use
Office B
$1.53M
$1.34M – $1.79M
NOI $107,129 @ 7.0% cap · market cap 4.88%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.24M
$1.96M – $2.61M
NOI $156,541 @ 7.0% cap · market cap 7.13%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
2,766
Businesses Nearby
Explore this area
Business Placement
Demographics for 30305, GA
29,173
Population
17,272
Households
1.7
Avg Household Size
38
Median Age
78%
College-Educated
98%
High-School Grad
6.5 sq mi
ZIP Area
4,488
Density / Sq Mi
$107,836
Median Household Income
$83,332
Median Earnings
$1,914
Median Rent
$703,500
Median Home Value
Market
Vacancy Rate% for Office in Atlanta, GA
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Office property with access to GA-400, I-85, and Peachtree Road.
Where is this office building located?
The property is located at 2911 Piedmont Rd NE Atlanta, GA.
What is the asking price?
The asking price for this property is $2,195,000.
What are key features of this property?
This property features: 8,000‑square‑foot office building; 2911 Piedmont Rd NE address in Atlanta, GA 30305; Located in Buckhead
