Freestanding Mixed-Use
For Sale
$330,000
4154 Clairmont Road, Chamblee, GA 30341
Standalone urban property with display windows, fencing, natural gas service, and on-site surface parking.
Property Size988 SF
Price / SF$334.01
Days on Market327
Property Features for 4154 Clairmont Road
General Information
Standard status
Active
Size
988 SF
Total Parking Spaces
8
Property subtype
Commercial Sale / Mixed Use
Taxes and HOA fees
Annual Taxes
$3,368
Amenities
Gas
Natural Gas
Other
Block, Slab
One
Display Window(s)
Fenced
No
Carbon Monoxide Detector(s), Fire Alarm, Fire Sprinkler System
1
Building Details
Year Built
1948
Buildings
1
Listing Agency:
Atlanta Leasing & Investment
(404) 348-4448
Listed By:
Stephan Dickie · License #426845
(404) 348-4448
Source:
Compass
Added: Oct 8, 2025
Changed: Aug 29
Last Checked: Aug 29 at 6:15PM
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 Atlanta Leasing & Investment
Investment Insights
Based on property information with market context.
This freestanding mixed-use building contains 988 square feet and was built in 1948. The property includes display windows, block and slab construction, natural gas service, fencing, and fire protection features including a fire alarm, sprinkler system, and carbon monoxide detectors. Eight surface parking spaces serve the building.
The property is located at 4154 Clairmont Road in Chamblee, within the Chamblee/Doraville/North Druid Hills submarket. Access to I-85 and I-285 places the building near major employment centers and the expanding Chamblee corridor. More than 109,000 residents live within 3 miles, where median household income exceeds $131,000 and population growth is projected.
The property is located at 4154 Clairmont Road in Chamblee, within the Chamblee/Doraville/North Druid Hills submarket. Access to I-85 and I-285 places the building near major employment centers and the expanding Chamblee corridor. More than 109,000 residents live within 3 miles, where median household income exceeds $131,000 and population growth is projected.
Key Highlights
- 988‑square‑foot freestanding mixed‑use building
- Eight on‑site surface parking spaces
- Built in 1948 with block and slab construction
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
$12,004
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
3.64%
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%
$240,080
$240.1K
Cap Rate 7%
$171,486
$171.5K
Cap Rate 9%
$133,378
$133.4K
Market Conditions
NOI Build-Up for 988 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
$21.3K $21.60/SF
− Vacancy
−$2.1K −$2.16/SF
EGI
$19.2K $19.44/SF
− OpEx
−$7.2K −$7.29/SF
NOI
$12.0K $12.15/SF
Area
DeKalb County, GA
Vacancy
10.00%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
37.50%
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%
$240,080
Cap Rate 7%
$171,486
Cap Rate 9%
$133,378
Alternative Uses
Best Use
Mixed Use
$171.5K
$150.1K – $200.1K
NOI $12,004 @ 7.0% cap · market cap 3.64%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$276.2K
$241.7K – $322.2K
NOI $19,333 @ 7.0% cap · market cap 5.86%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,353
Businesses Nearby
Explore this area
Business Placement
Demographics for 30341, GA
35,959
Population
15,347
Households
2.3
Avg Household Size
33
Median Age
54%
College-Educated
86%
High-School Grad
10.0 sq mi
ZIP Area
3,596
Density / Sq Mi
$81,774
Median Household Income
$55,563
Median Earnings
$1,746
Median Rent
$438,500
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Standalone urban property with display windows, fencing, natural gas service, and on-site surface parking.
Where is this mixed-use property located?
The property is located at 4154 Clairmont Road Chamblee, GA.
What is the asking price?
The asking price for this property is $330,000.
What are key features of this property?
This property features: 988‑square‑foot freestanding mixed‑use building; Eight on‑site surface parking spaces; Built in 1948 with block and slab construction
