Medical/Professional Office Building For
For Sale
$2,799,000
500 Plantation Park Drive, Loganville, GA 30052
Two-story, 15,150 SF medical/professional office building in Loganville, GA.
Property Size10,050 SF
Price / SF$278.51
Days on Market287
Property Features for 500 Plantation Park Drive
General Information
Standard status
Active
Size
10,050 SF
Property subtype
General Commercial
Taxes and HOA fees
Annual Taxes
$21,783
Amenities
Central Air
3
Parking. Corner Lot.
53 Parking Spaces. Lot.
1.6399999856948853
Business Park, Corner, Paved Road, US Highway.
Building Details
Year Built
2006
Listing Agency:
Shockley Partners Realty
Listed By:
David Shockley · License #83020
(404) 372-5764
Source:
Xome
Added: Nov 21, 2025
Changed: Sep 1
Last Checked: Sep 4 at 2:59AM
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 Shockley Partners Realty
Investment Insights
Based on property information with market context.
This 15,150 square foot, two-story medical/professional office building is located in the Loganville submarket of East Metro Atlanta, within Plantation Park. The building is suited for medical and healthcare tenancy, offering a layout conducive to exam rooms, clinical flow, administrative offices, and patient reception areas. The design supports single-tenant occupancy or multi-tenant configuration, providing flexibility for owner-users or investors seeking income-producing potential. Loganville and Monroe are experiencing residential growth, supporting demand for medical and specialty healthcare services throughout Walton and Gwinnett Counties. The property benefits from access to Highway 78 and surrounding commercial corridors, ensuring ease of access for patients and staff. The building has potential for medical use in the high-growth East Metro Atlanta market with ample parking for medical operations in an established professional office park environment. The location serves Walton and Gwinnett County demographics.
Key Highlights
- 15,150 SF two‑story building ideal for medical/professional office use.
- Located in the high‑growth Loganville submarket of East Metro Atlanta.
- Flexible configuration supports single‑tenant or multi‑tenant occupancy.
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
$145,715
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
5.21%
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%
$2,914,300
$2.9M
Cap Rate 7%
$2,081,643
$2.1M
Cap Rate 9%
$1,619,056
$1.6M
Market Conditions
NOI Build-Up for 10,050 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
$271.4K $27.00/SF
− Vacancy
−$28.5K −$2.84/SF
EGI
$242.9K $24.17/SF
− OpEx
−$97.1K −$9.67/SF
NOI
$145.7K $14.50/SF
Area
Walton County, GA
Vacancy
10.50%
Lease Rate
$27.00 /SF/Yr
Expense Ratio
40.00%
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%
$2,914,300
Cap Rate 7%
$2,081,643
Cap Rate 9%
$1,619,056
Alternative Uses
Best Use
Healthcare Medical
$2.08M
$1.82M – $2.43M
NOI $145,715 @ 7.0% cap · market cap 5.21%
Second Best
Office B
$1.92M
$1.68M – $2.24M
NOI $134,580 @ 7.0% cap · market cap 4.81%
Theoretical Best
Office A
$2.82M
$2.47M – $3.29M
NOI $197,543 @ 7.0% cap · market cap 7.06%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
134
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 30052, GA
74,442
Population
26,768
Households
2.8
Avg Household Size
37
Median Age
31%
College-Educated
91%
High-School Grad
88.9 sq mi
ZIP Area
837
Density / Sq Mi
$90,567
Median Household Income
$43,034
Median Earnings
$1,749
Median Rent
$325,200
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?
Medical Office Space - Two-story, 15,150 SF medical/professional office building in Loganville, GA.
Where is this medical office space located?
The property is located at 500 Plantation Park Drive Loganville, GA.
What is the asking price?
The asking price for this property is $2,799,000.
What are key features of this property?
This property features: 15,150 SF two‑story building ideal for medical/professional office use.; Located in the high‑growth Loganville submarket of East Metro Atlanta.; Flexible configuration supports single‑tenant or multi‑tenant occupancy.
