Office Space For
381 Venable St NW Atlanta, GA 30313
4,500 SqFt office space available for purchase.
Type:Office
Property size:
4,500 SFPrice / SF:
$244/SF- Added:
- Mar 14, 2026
- Days on Market:
- 119
- Last Refresh:
- Jul 5 at 5:03 am
Property Features for 381 Venable St NW
General Information
- Standard status
- Active
- Size
- 4,500 SF
- Property subtype
- Office
Building Details
- Year Built
- 1964
Listing office CRESA Houston
Listing date Mar 14, 2026
Source Crexi
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 CRESA Houston
Investment Insights
Based on property information with market context.
This is a 4,500 square foot office space available for sale.
Key Highlights
- Office Space available
- 4,500 SqFt of space
- Built in 1964
Local Financial Insights For Office B
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 | $107.4k | $23.87 |
| − Vacancy | −$27.1k | −$6.02 |
| EGI | $80.3k | $17.85 |
| − OpEx | −$20.1k | −$4.46 |
| NOI | $60.3k | $13.39 |
4,500 SF · lease $23.87/SF/yr · vacancy 25.20% · expense 25.00%
Alternative Uses
Best Use
Office B
$860.9K
$753.3K – $1.00M
NOI $60,260 @ 7.0% cap · market cap 5.48%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.26M
$1.10M – $1.47M
NOI $88,055 @ 7.0% cap · market cap 8.00%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Architecture and Design Center
Architect
Wendel
Architecture Firm
Similar For Sale Nearby
FAQs
What type of property is this?
Office units - 4,500 SqFt office space available for purchase.
Where is this office units located?
The property is located at 381 Venable St NW Atlanta, GA.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: Office Space available; 4,500 SqFt of space; Built in 1964
