Building Details

Year Built 1987

Listing Agency: Keller Williams Greater Athens

Listed By: Brittany Powers · License #406237 Show Phone

Source: Bradberrygarnerrealestate

Added: Aug 9 Changed: Sep 13 Last Checked: Oct 12 at 11:38PM

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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 Keller Williams Greater Athens

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$78,578

Cap Rate

7.67%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$1,571,560 $1.6M

Cap Rate 7%

$1,122,543 $1.1M

Cap Rate 9%

$873,089 $873.1K

Market Conditions

NOI Build-Up for 5,408 SF

Gross rent

$120.1K $22.20/SF

− Vacancy

−$7.8K −$1.44/SF

EGI

$112.3K $20.76/SF

− OpEx

−$33.7K −$6.23/SF

NOI

$78.6K $14.53/SF

Area

Barrow County, GA

Vacancy

6.50%

Lease Rate

$22.20 /SF/Yr

Expense Ratio

30.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$1,571,560

Cap Rate 7%

$1,122,543

Cap Rate 9%

$873,089

Alternative Uses

Best Use

Multifamily LT 5

$1.12M

$982.2K – $1.31M (±1% cap)

NOI $78,578 @ 7.0% cap · market cap 7.67%

Second Best

Apartment 5plus

$1.04M

$908.1K – $1.21M (±1% cap)

NOI $72,651 @ 7.0% cap · market cap 7.09%

Theoretical Best

Office A

$1.51M

$1.32M – $1.76M (±1% cap)

NOI $105,822 @ 7.0% cap · market cap 10.32%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Restaurant Kitchen & Bath Showroom HVAC Service Furniture & Home Goods Pet Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

27

Businesses Nearby

Explore this area Business Placement

Demographics for 30011, GA

18,827

Population

7,039

Households

2.7

Avg Household Size

36

Median Age

28%

College-Educated

89%

High-School Grad

26.9 sq mi

ZIP Area

700

Density / Sq Mi

$84,776

Median Household Income

$42,207

Median Earnings

$1,489

Median Rent

$287,800

Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022

10.2% 2023

11.4% 2024

11.3% 2025

Questions? Ask Rey

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What type of property is this? Where is this duplexes located? What is the asking price? Find similar properties What are key features of this property?

Frequently Asked Questions

Where is this duplex located?

The property is located at 342 Brown Bridge Rd Auburn, GA.

What is the asking price?

The asking price for this property is $1,025,000.