Buckhead Office Building For
For Sale
Contact for pricing
3021 Piedmont Rd NE, Atlanta, GA 30305
Four-story office building in prime Buckhead location with versatile zoning.
Property Size5,000 SF
Price / SF$260
Days on Market762
Property Features for 3021 Piedmont Rd NE
General Information
Standard status
Active
Size
5,000 SF
Class
B
Property subtype
Office
Lease Type
Modified Gross
Investment Type
Owner/User
Building Details
Buildings
1
Units
4
Tenancy
Multi
Listing Agency:
KW Commercial First Atlanta
Listed By:
Steve Massell · License #GA
(404) 255-6810
Source:
Crexi
Added: Sep 20, 2024
Changed: Oct 10
Last Checked: Oct 20 at 5:39PM
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 KW Commercial First Atlanta
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Located in central Buckhead at the intersection of Pharr Road and Piedmont Road, this four-story office building is situated in an established office park with ample parking. The property offers approximately 5,000 square feet of townhome-style space. Currently, the building has a 25% occupancy rate with annual increases, with each floor occupied by a different tenant. This property is ideal for an owner/operator or investor. The zoning of the 4th floor allows for office, live-work, or apartment use. Each level has rear entrances, and there is a shared front door with an interior stairwell. The location provides easy access to GA 400 and I-75/85, as well as the Buckhead epicenter. Security is provided on each floor and exterior.
Key Highlights
- Prime Central Buckhead location at Pharr Rd and Piedmont Rd intersection.
- Versatile 4th‑floor zoning allows for office, live‑work, or apartment use.
- Ideal for owner/operator or investor.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$66,955
Cap Rate
5.15%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,339,100
$1.3M
Cap Rate 7%
$956,500
$956.5K
Cap Rate 9%
$743,944
$743.9K
Market Conditions
NOI Build-Up for 5,000 SF
Gross rent
$119.4K $23.87/SF
− Vacancy
−$30.1K −$6.02/SF
EGI
$89.3K $17.85/SF
− OpEx
−$22.3K −$4.46/SF
NOI
$67.0K $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 Rate 5%
$1,339,100
Cap Rate 7%
$956,500
Cap Rate 9%
$743,944
Alternative Uses
Best Use
Office B
$956.5K
$836.9K – $1.12M
NOI $66,955 @ 7.0% cap · market cap 5.15%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.40M
$1.22M – $1.63M
NOI $97,838 @ 7.0% cap · market cap 7.53%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
2,989
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in Atlanta, GA
Frequently Asked Questions
What type of property is this?
Office building - Four-story office building in prime Buckhead location with versatile zoning.
Where is this office building located?
The property is located at 3021 Piedmont Rd NE Atlanta, GA.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: Prime Central Buckhead location at Pharr Rd and Piedmont Rd intersection.; Versatile 4th‑floor zoning allows for office, live‑work, or apartment use.; Ideal for owner/operator or investor.
