Church and Community
For Sale
$1,999,999
512 Eagles Crossing Circle, Riverdale, GA 30274
Commercial Sale, Riverdale, GA
Property Size11,195 SF
Lot Size2.00 Acres
Price / SF$178.65
Days on Market89
Property Features for 512 Eagles Crossing Circle
General Information
Property type
Commercial Sale
Property subtype
Other
Parking features
Parking Lot
Lot features
Corner Lot
Directions
GPS
Standard status
Active
APN
13107C B006
Size
11,195 SF
Lot size
2.00 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
37364
Utilities
Utilities
Cable Available
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Water source
Public
Amenities
kitchenette
dining area
Building Details
Year built
2006
Building materials
Brick, Frame
Listing Agency:
Compass
(404) 668-6621
Listed By:
Donna Smiley · License #366454
(404) 882-3575
Added: Jul 1
Changed: Sep 23
Last Checked: Sep 27 at 10:06AM
MLS# 10851901
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 2006, this 11,195-square-foot church and community facility occupies 2 acres in Clayton County. The building includes an open sanctuary, multiple offices and classrooms, a kitchenette, and a dining area, with a parking lot on site. Brick and frame construction is supported by central heating and central air conditioning.
The property is zoned General Business (GB) and is currently used for church and assembly functions. Its location near Highway 85 and I-75 provides access to major regional routes and nearby retail corridors. Public water and public sewer serve the site, with cable availability also identified.
The property is zoned General Business (GB) and is currently used for church and assembly functions. Its location near Highway 85 and I-75 provides access to major regional routes and nearby retail corridors. Public water and public sewer serve the site, with cable availability also identified.
Key Highlights
- 11,195‑square‑foot building on 2 acres
- General Business (GB) zoning in Clayton County
- Open sanctuary with multiple offices and classrooms
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
$136,019
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
6.80%
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%
$2,720,380
$2.7M
Cap Rate 7%
$1,943,129
$1.9M
Cap Rate 9%
$1,511,322
$1.5M
Market Conditions
NOI Build-Up for 11,195 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
$241.8K $21.60/SF
− Vacancy
−$24.2K −$2.16/SF
EGI
$217.6K $19.44/SF
− OpEx
−$81.6K −$7.29/SF
NOI
$136.0K $12.15/SF
Area
Clayton County, GA
Vacancy
10.00%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
37.50%
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%
$2,720,380
Cap Rate 7%
$1,943,129
Cap Rate 9%
$1,511,322
Alternative Uses
Best Use
Mixed Use
$1.94M
$1.70M – $2.27M
NOI $136,019 @ 7.0% cap · market cap 6.80%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.13M
$2.74M – $3.65M
NOI $219,060 @ 7.0% cap · market cap 10.95%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
Single-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
310
Businesses Nearby
Explore this area
Business Placement
Demographics for 30274, GA
34,537
Population
14,299
Households
2.4
Avg Household Size
34
Median Age
21%
College-Educated
87%
High-School Grad
10.2 sq mi
ZIP Area
3,386
Density / Sq Mi
$50,455
Median Household Income
$33,141
Median Earnings
$1,241
Median Rent
$157,100
Median Home Value
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Frequently Asked Questions
What type of property is this?
Church & religious facility - General Business zoning and proximity to Highway 85 and I-75 support continued community use and county-approved commercial applications.
Where is this church & religious facility located?
The property is located at 512 Eagles Crossing Circle Riverdale, GA.
What is the asking price?
The asking price for this property is $1,999,999.
What are key features of this property?
This property features: 11,195‑square‑foot building on 2 acres; General Business (GB) zoning in Clayton County; Open sanctuary with multiple offices and classrooms
