Church Facility with Office
New
For Sale
$2,800,000
4450 Peachtree Lakes Drive, Duluth, GA 30096
COMMERCIAL - Duluth, GA
Property Size16,224 SF
Lot Size2.54 Acres
Price / SF$172.58
Days on Market1
Property Features for 4450 Peachtree Lakes Drive
General Information
Property type
Commercial Sale
Property subtype
Other
Parking
70
Parking features
Parking Lot
Accessibility
Accessible Approach with Ramp
Lot features
Business Park, Industrial Park
Directions
GPS Friendly
Standard status
Active
APN
R6268 048
Size
16,224 SF
Lot size
2.54 Acres
Taxes and HOA fees
Tax Year
2025
Utilities
Utilities
Cable Available
Sewer type
Public Sewer
Heating system
Zoned, Natural Gas, Forced Air
Cooling system
Zoned, Central Air, Electric
Water source
Public
Building Details
Year built
2000
Flooring type
Carpet
Building materials
Stucco
Roof type
Metal
Listing Agency:
Virtual Properties Realty.com
(770) 495-5050
Listed By:
Grace S Yoon · License #205413
(404) 514-1000
Added: Aug 10
Last Checked: Aug 10 at 5:06PM
MLS# 10822601
Copyright © 2026 Georgia Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Built in 2000, this 16,224 SF church and religious facility occupies 2.54 acres within Peachtree Lakes Business Center. The primary area is approximately 12,000+ SF and includes a sanctuary with seating for 270+ people, 6-7 classrooms, a nursery, a dedicated children's worship area, 3 offices, a conference room, fellowship hall, kitchen, and substantial storage. The property also includes a separate 4,000 SF office suite that is currently leased through 11/30/26.
The building is located at 4450 Peachtree Lakes Drive in Duluth, near Peachtree Industrial Blvd and South Berkeley Lake Drive. Site features include 70+ parking spaces, a parking lot, accessible ramp approach, public water, public sewer, a metal roof, stucco construction, zoned natural-gas forced-air heating, and zoned electric central air.
The building is located at 4450 Peachtree Lakes Drive in Duluth, near Peachtree Industrial Blvd and South Berkeley Lake Drive. Site features include 70+ parking spaces, a parking lot, accessible ramp approach, public water, public sewer, a metal roof, stucco construction, zoned natural-gas forced-air heating, and zoned electric central air.
Key Highlights
- 16,224 SF facility on 2.54 acres in Peachtree Lakes Business Center
- Sanctuary accommodates seating for 270+ people
- Primary church area includes 6‑7 classrooms, nursery, offices, fellowship hall, kitchen, and storage
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
$217,257
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
7.76%
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%
$4,345,140
$4.3M
Cap Rate 7%
$3,103,671
$3.1M
Cap Rate 9%
$2,413,967
$2.4M
Market Conditions
NOI Build-Up for 16,224 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
$387.3K $23.87/SF
− Vacancy
−$97.6K −$6.02/SF
EGI
$289.7K $17.85/SF
− OpEx
−$72.4K −$4.46/SF
NOI
$217.3K $13.39/SF
Area
Fulton 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 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%
$4,345,140
Cap Rate 7%
$3,103,671
Cap Rate 9%
$2,413,967
Alternative Uses
Best Use
Office B
$3.10M
$2.72M – $3.62M
NOI $217,257 @ 7.0% cap · market cap 7.76%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$4.54M
$3.97M – $5.29M
NOI $317,466 @ 7.0% cap · market cap 11.34%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
455
Businesses Nearby
Explore this area
Business Placement
Demographics for 30096, GA
69,953
Population
28,903
Households
2.4
Avg Household Size
36
Median Age
42%
College-Educated
90%
High-School Grad
22.7 sq mi
ZIP Area
3,082
Density / Sq Mi
$75,478
Median Household Income
$43,080
Median Earnings
$1,741
Median Rent
$342,700
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Church & religious facility - Church-oriented facility with worship, classroom, administrative, kitchen, fellowship, and storage areas, plus an occupied office suite.
Where is this church & religious facility located?
The property is located at 4450 Peachtree Lakes Drive Duluth, GA.
What is the asking price?
The asking price for this property is $2,800,000.
What are key features of this property?
This property features: 16,224 SF facility on 2.54 acres in Peachtree Lakes Business Center; Sanctuary accommodates seating for 270+ people; Primary church area includes 6‑7 classrooms, nursery, offices, fellowship hall, kitchen, and storage
