Modern Office
For Sale
$1,495,000
410 Bradford Street Northwest, Gainesville, GA 30501
Modern 4,840 SF office building with a versatile interior suited for multiple office configurations.
Property Size4,840 SF
Days on Market50
Property Features for 410 Bradford Street Northwest
General Information
Standard status
Active
Size
4,840 SF
Property subtype
Office
Building Details
Building Size
4,840 SF
Listing Agency:
Lincoln Property Company
Listed By:
Sam Simpson · License #419624
(770) 654-0062
Source:
Lpc
Added: Jul 22
Changed: Aug 12
Last Checked: Sep 9 at 6:14AM
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 Lincoln Property Company
Investment Insights
Based on property information with market context.
410 Bradford Street Northwest is a modern office building offering 4,840 SF of interior space with a versatile layout. The property is designed to support functional office use, with expansive areas that can be adapted for a range of office configurations.
The building is located in Gainesville, GA, with convenient access to nearby amenities. Its straightforward design and efficient workspace planning make it a practical option for investors and occupiers seeking an office asset with flexibility.
As a commercial office property, it provides a strong base for businesses looking to tailor their space within a modern, functional environment.
The building is located in Gainesville, GA, with convenient access to nearby amenities. Its straightforward design and efficient workspace planning make it a practical option for investors and occupiers seeking an office asset with flexibility.
As a commercial office property, it provides a strong base for businesses looking to tailor their space within a modern, functional environment.
Key Highlights
- 4,840 SF modern office building in Gainesville, GA
- Versatile interior layout suited for multiple office configurations
- Functional and efficient workspace design for office use
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
$64,840
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
4.34%
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%
$1,296,800
$1.3M
Cap Rate 7%
$926,286
$926.3K
Cap Rate 9%
$720,444
$720.4K
Market Conditions
NOI Build-Up for 4,840 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
$115.6K $23.88/SF
− Vacancy
−$29.1K −$6.02/SF
EGI
$86.5K $17.86/SF
− OpEx
−$21.6K −$4.47/SF
NOI
$64.8K $13.40/SF
Area
Hall County, GA
Vacancy
25.20%
Lease Rate
$23.88 /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%
$1,296,800
Cap Rate 7%
$926,286
Cap Rate 9%
$720,444
Alternative Uses
Best Use
Office B
$926.3K
$810.5K – $1.08M
NOI $64,840 @ 7.0% cap · market cap 4.34%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.36M
$1.19M – $1.58M
NOI $94,881 @ 7.0% cap · market cap 6.35%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
666
Businesses Nearby
Explore this area
Business Placement
Demographics for 30501, GA
29,779
Population
12,916
Households
2.3
Avg Household Size
33
Median Age
21%
College-Educated
71%
High-School Grad
21.9 sq mi
ZIP Area
1,360
Density / Sq Mi
$58,214
Median Household Income
$33,299
Median Earnings
$1,152
Median Rent
$249,900
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 - Modern 4,840 SF office building with a versatile interior suited for multiple office configurations.
Where is this office building located?
The property is located at 410 Bradford Street Northwest Gainesville, GA.
What is the asking price?
The asking price for this property is $1,495,000.
What are key features of this property?
This property features: 4,840 SF modern office building in Gainesville, GA; Versatile interior layout suited for multiple office configurations; Functional and efficient workspace design for office use
