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    Buckhead Office Condo For Sale Title is generated by Realmo AI

    3017 Piedmont Road NE, Atlanta, GA 30305

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    For Sale
    $350,000

    SINGLE_FAMILY - Atlanta, GA

    Type:Office
    Property size:
    1,416 SF
    Price / SF:
    $247/SF
    Added:
    Jun 16, 2025
    Days on Market:
    345
    Last Refresh:
    May 26 at 1:06 am

    Property Features for 3017 Piedmont Road NE

    General Information

    Property type
    Residential
    Property subtype
    Office
    Zoning
    RLCC
    Parking features
    Parking Lot
    Interior features
    Reception Area, Restrooms
    Standard status
    Active
    APN
    17 004600140160
    Size
    1,416 SF

    Taxes and HOA fees

    Tax Year
    2024
    Tax Annual Amount
    4525

    Utilities

    Utilities
    Cable Available
    Sewer type
    Public Sewer
    Heating system
    Central
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Year built
    1981
    Floors in Building
    1
    Flooring type
    Hardwood, Carpet
    Building materials
    Brick Front
    Roof type
    Asphalt

    We can help!

    Listing Contact
    RICHARD REID
    RICHARD REID

    Listing agent RICHARD REID License #275749

    Listing office Direct Link Realty, Inc 11 Glenn Ct, Decatur, GA

    Listing date Jun 16, 2025

    MLS# 7594890

    Copyright © 2026 First Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Prime Buckhead Location: Prestigious address with unparalleled access to Atlanta's business core, top‑tier dining, and shopping.
    • Turnkey Office Condo: 1,416 sq ft, move‑in ready with reception area, private offices, conference space, and restrooms.
    • Investment Opportunity: Own your workspace, build equity, and avoid rising rents.
    • Convenient Accessibility: Easy access to GA‑400, I‑85, and Lenox Square.
    • Functional Layout: Ideal for client‑facing businesses or teams needing focused workspace.
    • Abundant Natural Light: Overlooks the vibrant Buckhead commercial district.

    Overview

    Located in the heart of Buckhead, this 1,416 square foot office condo at 3017 Piedmont Road NE, Suite 200, presents an opportunity for professionals. The second-floor suite is suited for law firms, accounting practices, consultants, or any private office user. Situated within a well-maintained brick-front building, this turnkey unit features a reception area, multiple private offices, conference space, and restrooms. The layout is ideal for client-facing businesses or teams needing focused workspace. The suite has natural light and overlooks the Buckhead commercial district, surrounded by dining, shopping, and amenities. Located within a professional office park just off Piedmont Road, the property offers access to GA-400, I-85, and Lenox Square. Utilities including water, electricity, phone, and cable are available. Zoned RLCC, this office condo is a strategic choice for professionals looking to invest in their business long term.

    Financial Insights

    Value Estimation Calculated for Office B

    Conservative
    $210.7K
    NOI $18,962 @ 9.00% cap · cautious / downside scenario
    Moderate
    $270.9K
    NOI $18,962 @ 7.00% cap · market / base-case scenario
    Aggressive
    $379.2K
    NOI $18,962 @ 5.00% cap · optimistic / upside scenario

    NOI & Cap Rate Calculator

    NOI Build-Up
    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.
         Calculated for Office B

    Component $ $/SF
    Gross rent $33.8k $23.87
    − Vacancy −$8.5k −$6.02
    EGI $25.3k $17.85
    − OpEx −$6.3k −$4.46
    NOI $19.0k $13.39
    1,416 SF · lease $23.87/SF/yr · vacancy 25.20% · expense 25.00%

    Alternative Use Scenarios

    Best Use
    Office B
    $270.9K
    $237.0K – $316.0K (±1% cap)
    NOI $18,962 @ 7.0% cap · market cap 5.42%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $395.8K
    $346.4K – $461.8K (±1% cap)
    NOI $27,708 @ 7.0% cap · market cap 7.92%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    The Susko Law Firm, ... Law Firm Griffith Jr William ... Law Firm VIBE Construction Group Construction Company Bio Health & Wellness ... Alternative Medicine Practice

    Suggested Use

    Restaurant Dental Office Spa & Massage Center Real Estate Agency Hair Salon Law Firm Nail Salon Building Supply Daycare Center Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Atlanta
    County
    Cobb
    State
    Georgia
    Longitude
    -84.367641
    Latitude
    33.836723

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    FAQs

    What type of property is this?
    Office units - Prime 1,416 SF office condo in the heart of Buckhead.
    Where is this office units located?
    The property is located at 3017 Piedmont Road NE Atlanta, GA.
    What is the asking price?
    The asking price for this property is $350,000.
    What are key features of this property?
    This property features: Prime Buckhead Location: Prestigious address with unparalleled access to Atlanta's business core, top‑tier dining, and shopping.; Turnkey Office Condo: 1,416 sq ft, move‑in ready with reception area, private offices, conference space, and restrooms.; Investment Opportunity: Own your workspace, build equity, and avoid rising rents.
    (404) 961-4400
    We can help!
    Listing Contact
    RICHARD REID
    RICHARD REID
    Real Estate License ID: 275749
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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