Medical/Professional Office Building For
500 Plantation Park Drive Loganville, GA 30052
For Sale
$2,799,000
Two-story, 15,150 SF medical/professional office building in Loganville, GA.
Property Size15,150 SF
Lot Size1.64 Acres
Price / SF$184.75
Days on Market159
Property Features for 500 Plantation Park Drive
General Information
Standard status
Active
Size
15,150 SF
Lot size
1.64 Acres
Property subtype
Commercial
Building Details
Year Built
2006
Listing Agency:
Shockley Partners Realty
(770) 867-6821
Listed By:
David Shockley · License #402540
Source:
Corcoran
Added: Feb 19
Changed: Jul 6
Last Checked: Jul 27 at 9:25AM
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 For Healthcare Medical
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $409.1k | $27.00 |
| − Vacancy | −$43.0k | −$2.84 |
| EGI | $366.1k | $24.17 |
| − OpEx | −$146.4k | −$9.67 |
| NOI | $219.7k | $14.50 |
15,150 SF · lease $27.00/SF/yr · vacancy 10.50% · expense 40.00%
Alternative Uses
Best Use
Healthcare Medical
$3.14M
$2.75M – $3.66M
NOI $219,660 @ 7.0% cap · market cap 7.85%
Second Best
Office B
$2.90M
$2.54M – $3.38M
NOI $202,875 @ 7.0% cap · market cap 7.25%
Theoretical Best
Office A
$4.25M
$3.72M – $4.96M
NOI $297,788 @ 7.0% cap · market cap 10.64%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
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.
