Freestanding Office
For Sale
$719,000
3193 Evelyn Street, Tucker, GA 30084
Approved plans and permits are in place for renovation work.
Property Size4,367 SF
Days on Market42
Property Features for 3193 Evelyn Street
General Information
Standard status
Active
Size
4,367 SF
Total Parking Spaces
27
Property subtype
Commercial
Taxes and HOA fees
Annual Taxes
$10,200
Building Details
Building Size
4,367 SF
Year Built
1960
Year Renovated
2007
Buildings
1
Listing Agency:
Virtual Properties Realty.com
(770) 495-5050
Listed By:
Mechelle Bowser
Source:
Evatlanta
Added: Jun 25
Changed: Aug 2
Last Checked: Aug 5 at 4:21AM
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.
This freestanding office building offers almost 5,000 square feet on a corner lot in Tucker. The interior includes flexible open areas, high ceilings, and extensive demising, creating a configuration that can support multiple office layouts. The property was built in 1960 and received a light remodel in 2007. Approved plans and a DeKalb County permit are in place, with plans available to expand the building to almost 6,000 square feet.
The site includes 27 parking spaces and sits near the Emory Northlake Mall expansion. Surrounding national retailers and restaurants include Target, PetSmart, Chick-fil-A, Dunkin, and McDonald’s. The building’s existing layout and approved plans support consideration for medical office, daycare, studio, tax business, law firm, call center, yoga studio, or creative office uses, as identified in the property information.
The site includes 27 parking spaces and sits near the Emory Northlake Mall expansion. Surrounding national retailers and restaurants include Target, PetSmart, Chick-fil-A, Dunkin, and McDonald’s. The building’s existing layout and approved plans support consideration for medical office, daycare, studio, tax business, law firm, call center, yoga studio, or creative office uses, as identified in the property information.
Key Highlights
- Almost 5,000 square feet in a freestanding office building
- Approved plans and DeKalb County permit in place
- Plans available to expand the building to almost 6,000 square feet
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 8.81%
Second Best
Office B
$835.4K
$731.0K – $974.7K
NOI $58,479 @ 7.0% cap · market cap 8.13%
Theoretical Best
Office A
$1.22M
$1.07M – $1.42M
NOI $85,452 @ 7.0% cap · market cap 11.88%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,586
Businesses Nearby
Explore this area
Business Placement
Demographics for 30084, GA
41,654
Population
15,950
Households
2.6
Avg Household Size
38
Median Age
42%
College-Educated
87%
High-School Grad
14.9 sq mi
ZIP Area
2,796
Density / Sq Mi
$82,747
Median Household Income
$42,528
Median Earnings
$1,617
Median Rent
$332,000
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Approved plans and permits are in place for renovation work.
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 $719,000.
What are key features of this property?
This property features: Almost 5,000 square feet in a freestanding office building; Approved plans and DeKalb County permit in place; Plans available to expand the building to almost 6,000 square feet
