4298 Memorial Dr, Decatur, GA 30032

Building Details

Year Built 1982 More

Year Renovated 2017 More

Listing Agency: RE/MAX Town and Country

Listed By: Sharron Merrell Bassil · License GA #178080 Show Phone

Source: Findgreateratlantaproperties

Added: Sep 10 Changed: Nov 7 Last Checked: Nov 10 at 11:20AM

Report an Issue

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 RE/MAX Town and Country

Ask AI about this property

Review the available facts, identify missing information and prepare questions for the agent.

What should I ask the agent before proceeding? What information is missing from this listing?

Investment Insights

Based on property information with market context.

This office condo provides approximately 1,350 square feet in a single-level configuration with multiple enclosed offices. The interior includes a reception area, private workspaces, kitchen facilities, a restroom, and additional storage. An update completed in 2017 supports immediate occupancy.

The property is located at 4298 Memorial Dr in Decatur, just inside I-285, with convenient connections to I-285 and Memorial Drive. On-site parking is included, and the layout accommodates a range of office or service-based business operations.

Key Highlights

• Approximately 1,350 sq ft of office space
• Updated in 2017 and ready for immediate occupancy
• Multiple enclosed offices in a single‑level layout

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$18,078

Cap Rate

6.57%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$361,560 $361.6K

Cap Rate 7%

$258,257 $258.3K

Cap Rate 9%

$200,867 $200.9K

Is this asking price fair?

Market Conditions

NOI Build-Up for 1,350 SF

Gross rent

$32.2K $23.87/SF

− Vacancy

−$8.1K −$6.02/SF

EGI

$24.1K $17.85/SF

− OpEx

−$6.0K −$4.46/SF

NOI

$18.1K $13.39/SF

Area

DeKalb 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 Rate 5%

$361,560

Cap Rate 7%

$258,257

Cap Rate 9%

$200,867

Alternative Uses

Best Use

Office B

$258.3K

$226.0K – $301.3K (±1% cap)

NOI $18,078 @ 7.0% cap · market cap 6.57%

Second Best

—

—

no second resolved use

Theoretical Best

Office A

$377.4K

$330.2K – $440.3K (±1% cap)

NOI $26,416 @ 7.0% cap · market cap 9.61%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history

Open Analytics

Current Use

Families First Charitable Organization Smith Chiropractic Clinic Alternative Medicine Practice Jeffrey G. Smith, ... Alternative Medicine Practice The Braid Xplosion Hair Salon Braids By Mani Hair Salon

Suggested Use

Top Pick Real Estate Agency Building Supply Dental Office Big Box & Wholesale Store Spa & Massage Center Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

1

Office units

Yes

Highway access

Yes

Paved road access

Location Intelligence

Trade Area within ½ mile

571

Businesses Nearby

Explore this area Business Placement

Demographics for 30032, GA

44,697

Population

20,676

Households

2.2

Avg Household Size

38

Median Age

30%

College-Educated

91%

High-School Grad

13.6 sq mi

ZIP Area

3,287

Density / Sq Mi

$61,292

Median Household Income

$37,443

Median Earnings

$1,364

Median Rent

$245,000

Median Home Value

Market

Average Price Trend$/SF for Office Units in DeKalb County, GA

$447 Jul

$291 Aug

$217 Sep

$232 Oct

Properties on Market for Office Units in DeKalb County

Jul

Aug

Sep

Oct

Vacancy Rate% for Office in South region

14.4% 2019

16.4% 2020

17.3% 2021

18% 2022

18.6% 2023

20.3% 2024

20.2% 2025

Similar For Sale Nearby

See more

Updated Office Unit

D-4298 Memorial Dr, Decatur, GA 30032

$277,000

1,350 SF

View details

Second-Floor Office Unit

208-1549 Clairmont Rd, Decatur, GA 30030

$375,000

1,250 SF

View details

Decatur Commercial Building For Sale

1799 Clairmont Rd, Decatur, GA 30033

$475,000

2,100 SF

View details

Medical Office Condominium

104-5243 Snapfinger Woods Dr, Decatur, GA 30035

$349,900

2,736 SF

View details

Single-Story Office Building

1683 Candler Road, Decatur, GA 30032

$325,000

1,295 SF

View details

Freestanding Storefront with Parking

1715 Candler Road, Decatur, GA 30032

$279,900

1,161 SF

View details

Brick Office Building

2316 Candler Road, Decatur, GA 30032

$269,000

1,567 SF

View details

Residential Income Property

3724 Redan Road, Decatur, GA 30032

$250,000

1,775 SF

View details

C1 Zoning Retail Storefront

1707 Candler Road, Decatur, GA 30032

$299,900

1,005 SF

View details

Move-In Ready Condo with 3-Bedroom

14203 Waldrop Cove #14203, Decatur, GA 30034

$83,200

View details

Decatur Commercial Building For Sale

2612 Rainbow Way, Decatur, GA 30034

$495,000

1,696 SF

View details

Retail Building with Parking Lot

4022 Glenwood Road, Decatur, GA 30032

$350,000

0.60 Acres

View details

Frequently Asked Questions

What type of property is this?

Office unit - Single-level suite includes reception, private work areas, kitchen, restroom, and storage.

Where is this office unit located?

The property is located at 4298 Memorial Dr Decatur, GA.

What is the asking price?

The asking price for this property is $275,000.

What are key features of this property?

This property features: Approximately 1,350 sq ft of office space; Updated in 2017 and ready for immediate occupancy; Multiple enclosed offices in a single‑level layout