Commercial Land with Office
For Sale
$350,000
Pending
353 Campbell Hill Street NW, Marietta, GA 30060
Commercial Sale, Marietta, GA
Property Size1,426 SF
Lot Size0.18 Acres
Days on Market177
Property Features for 353 Campbell Hill Street NW
General Information
Property type
Residential
Property subtype
Office
Zoning
Comcl
Parking
4
Parking features
Parking Lot
Window features
Wood Frames
Interior features
Reception Area, Restrooms
Lot features
Corner Lot, Irregular Lot, Level
View
City
Directions
From the Marietta Square, head north on Cherokee Street. Left on Sessions Street. Left on Campbell Hill St. Last house on the right. Sign in yard.
Standard status
Pending
APN
16114700590
Size
1,426 SF
Lot size
0.18 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
524
Utilities
Utilities
Water Available
Sewer type
Public Sewer
Heating system
Natural Gas, Forced Air
Cooling system
Central Air
Water source
Public
Building Details
Year built
1910
Floors in Building
1
Flooring type
Hardwood, Carpet
Building materials
Aluminum Siding
Roof type
Asphalt
Additional Structures
Outbuilding
Listing Agency:
Ansley Real Estate
(404) 480-8805
Listed By:
JOHNNY SINCLAIR · License #257364
(770) 605-4755
Added: Mar 16
Changed: Aug 19
Last Checked: Sep 8 at 10:06PM
MLS# 7735922
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.
Investment Insights
Based on property information with market context.
This 0.179-acre commercial parcel includes a 1,426-square-foot structure currently operating as a lawyers office. Built in 1910, the building offers a reception area, restrooms, hardwood and carpet flooring, aluminum siding, natural gas forced-air heat, and central air conditioning. An on-site parking lot serves the property, while the roof is asphalt.
The property is zoned Comcl in the City of Marietta and sits directly beside the Mountain to River Multi-Use Trail. Its Downtown Marietta setting places it near Historic Marietta Square, Sessions Stand, Micah-Angelo's Pizza, and Kennestone Hospital. Public water and public sewer serve the site, with water available noted among the utilities.
The property is zoned Comcl in the City of Marietta and sits directly beside the Mountain to River Multi-Use Trail. Its Downtown Marietta setting places it near Historic Marietta Square, Sessions Stand, Micah-Angelo's Pizza, and Kennestone Hospital. Public water and public sewer serve the site, with water available noted among the utilities.
Key Highlights
- 0.179‑acre commercial parcel in Marietta, GA
- 1,426‑square‑foot office structure built in 1910
- Zoned Comcl in the City of Marietta
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$19,096
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.46%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$381,920
$381.9K
Cap Rate 7%
$272,800
$272.8K
Cap Rate 9%
$212,178
$212.2K
Market Conditions
NOI Build-Up for 1,426 SF
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.
Gross rent
$34.0K $23.87/SF
− Vacancy
−$8.6K −$6.02/SF
EGI
$25.5K $17.85/SF
− OpEx
−$6.4K −$4.46/SF
NOI
$19.1K $13.39/SF
Area
Cobb County, 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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$381,920
Cap Rate 7%
$272,800
Cap Rate 9%
$212,178
Alternative Uses
Best Use
Office B
$272.8K
$238.7K – $318.3K
NOI $19,096 @ 7.0% cap · market cap 5.46%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$400.4K
$350.4K – $467.2K
NOI $28,029 @ 7.0% cap · market cap 8.01%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2,734
Businesses Nearby
Explore this area
Business Placement
Demographics for 30060, GA
39,890
Population
15,036
Households
2.7
Avg Household Size
32
Median Age
29%
College-Educated
79%
High-School Grad
15.5 sq mi
ZIP Area
2,574
Density / Sq Mi
$62,180
Median Household Income
$34,537
Median Earnings
$1,344
Median Rent
$282,200
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?
Commercial land - Commercially zoned parcel with an existing office structure, public utilities, and on-site parking.
Where is this commercial land located?
The property is located at 353 Campbell Hill Street NW Marietta, 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: 0.179‑acre commercial parcel in Marietta, GA; 1,426‑square‑foot office structure built in 1910; Zoned Comcl in the City of Marietta
