Renovated Office Space Near
For Sale
$1,272,050
4163 Clairmont Rd, Atlanta, GA 30341
Recently renovated office space suitable for various business types.
Property Size3,914 SF
Lot Size0.26 Acres
Price / SF$325
Days on Market196
Property Features for 4163 Clairmont Rd
General Information
Standard status
Active
Size
3,914 SF
Lot size
0.26 Acres
Taxes and HOA fees
Annual Taxes
$12,200
Listing Agency:
LIR GA, LLC
(404) 952-7599
Listed By:
Cordero Hinton · License #362512
(404) 952-7599
Source:
Exprealty
Added: Jan 26
Changed: Aug 8
Last Checked: Jul 16 at 8:09PM
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 LIR GA, LLC
Investment Insights
Based on property information with market context.
This property offers approximately 3,914 square feet of office space located at 4163 Clairmont Rd in Atlanta, Georgia, minutes from Downtown Chamblee. The space has been recently renovated and includes 9 private offices, 4 conference or meeting rooms, and an open floor plan. It also features a reception area and handicap access. The location provides convenient access to PDK Airport, MARTA, and major highways. Buckhead is a 10-minute drive away. The property is suitable for salon suites, general office use, or boutique service providers.
Key Highlights
- Prime 3,914 SF office space in Atlanta.
- Recently renovated with 9 private offices and 4 conference/meeting rooms.
- Convenient access to PDK Airport, MARTA, and major highways.
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
$52,413
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
4.12%
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%
$1,048,260
$1.0M
Cap Rate 7%
$748,757
$748.8K
Cap Rate 9%
$582,367
$582.4K
Market Conditions
NOI Build-Up for 3,914 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
$93.4K $23.87/SF
− Vacancy
−$23.5K −$6.02/SF
EGI
$69.9K $17.85/SF
− OpEx
−$17.5K −$4.46/SF
NOI
$52.4K $13.39/SF
Area
Atlanta, 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%
$1,048,260
Cap Rate 7%
$748,757
Cap Rate 9%
$582,367
Alternative Uses
Best Use
Office B
$748.8K
$655.2K – $873.6K
NOI $52,413 @ 7.0% cap · market cap 4.12%
Second Best
Retail
$651.7K
$570.2K – $760.3K
NOI $45,618 @ 7.0% cap · market cap 3.59%
Theoretical Best
Office A
$1.09M
$957.4K – $1.28M
NOI $76,588 @ 7.0% cap · market cap 6.02%
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
Market
Vacancy Rate% for Office in Atlanta, GA
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Recently renovated office space suitable for various business types.
Where is this office units located?
The property is located at 4163 Clairmont Rd Atlanta, GA.
What is the asking price?
The asking price for this property is $1,272,050.
What are key features of this property?
This property features: Prime 3,914 SF office space in Atlanta.; Recently renovated with 9 private offices and 4 conference/meeting rooms.; Convenient access to PDK Airport, MARTA, and major highways.
