Freestanding Office
3193 Evelyn Street Tucker, GA 30084
3193 Evelyn Street, Tucker, GA, 30084
$744,000
For Sale
$744,000
Freestanding building on a corner lot with flexible open layouts, high ceilings, and 27 parking spaces.
Property Size4,367 SF
Price / SF$170.37
Days on Market186
Property Features for 3193 Evelyn Street
General Information
- Standard status
- Active
- Size
- 4,367 SF
- Property subtype
- General Commercial
Building Details
- Year Built
- 1960
Listing agency
Virtual Properties Realty.com
(770) 274-9954
Listed by
Mechelle Bowser
(770) 274-9954
Source
Xome
Added: Jan 18 Updated: Jul 23 at 12:06AM Checked: Jul 23 at 12:06AM
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 Virtual Properties Realty.com
Investment Insights
Based on property information with market context.
A freestanding commercial building featuring a unique floor plan with flexible open layouts, high ceilings, and heavily demised interior areas. The property has 27 parking spaces and was light remodeled in 2007. Permits and approved renovation plans are in place through DeKalb County, allowing work to start immediately. The current plans are intended to bring the building’s size to almost 6,000 square feet, and the seller is willing to accommodate the plans as part of the sale.
Located on a corner lot at 3193 Evelyn Street in Tucker, Georgia, the building provides visibility for a range of potential uses. It is positioned near the new Emory Northlake Mall expansion, with national brands in the surrounding area including Target, PetSmart, Chick-Fil-A, Dunkin, McDonald’s, and others.
Located on a corner lot at 3193 Evelyn Street in Tucker, Georgia, the building provides visibility for a range of potential uses. It is positioned near the new Emory Northlake Mall expansion, with national brands in the surrounding area including Target, PetSmart, Chick-Fil-A, Dunkin, McDonald’s, and others.
Key Highlights
- Freestanding commercial building on a corner lot in Tucker with parking on a paved driveway and paved road access
- Approximately 5,000 sq ft building with a unique, flexible floor plan and high ceilings for multiple possible uses
- Permits and approved plans are in place (DeKalb County), allowing work to start immediately
Local Financial Insights For Healthcare Medical
Simulate Cap Rate and NOI
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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $117.9k | $27.00 |
| − Vacancy | −$12.4k | −$2.84 |
| EGI | $105.5k | $24.17 |
| − OpEx | −$42.2k | −$9.67 |
| NOI | $63.3k | $14.50 |
4,367 SF · lease $27.00/SF/yr · vacancy 10.50% · expense 40.00%
Alternative Uses
Best Use
Healthcare Medical
$904.5K
$791.5K – $1.06M
NOI $63,317 @ 7.0% cap · market cap 8.51%
Second Best
Office B
$835.4K
$731.0K – $974.7K
NOI $58,479 @ 7.0% cap · market cap 7.86%
Theoretical Best
Office A
$1.22M
$1.07M – $1.42M
NOI $85,452 @ 7.0% cap · market cap 11.49%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Frisson LLC
Consultant
Trinity Environmental
Training Center
Mobile Closings USA
Law Firm
Similar For Sale Nearby
FAQs
What type of property is this?
Office building - Freestanding building on a corner lot with flexible open layouts, high ceilings, and 27 parking spaces.
Where is this office building located?
The property is located at 3193 Evelyn Street Tucker, GA.
What is the asking price?
The asking price for this property is $744,000.
What are key features of this property?
This property features: Freestanding commercial building on a corner lot in Tucker with parking on a paved driveway and paved road access; Approximately 5,000 sq ft building with a unique, flexible floor plan and high ceilings for multiple possible uses; Permits and approved plans are in place (DeKalb County), allowing work to start immediately
