Flex Space with
For Sale
$499,900
Pending
52 Austin Avenue, Marietta, GA 30060
Commercial, Marietta, GA
Property Size3,040 SF
Lot Size0.29 Acres
Days on Market213
Property Features for 52 Austin Avenue
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
CRC
Subdivision
Ar 2 Other County GA
Standard status
Pending
Lot size
0.29 Acres
Amenities
private offices
reception area
break room
warehouse
outbuilding storage
Building Details
Year built
1981
Listing Agency:
Atlanta Communities - West Cobb
(770) 240-2004
Listed By:
Michael Gravitt
(404) 844-4198
Added: Mar 23
Changed: Oct 3
Last Checked: Oct 21 at 2:06AM
MLS# 428790
Copyright © 2026 Northeast Georgia Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This 3,040-square-foot flex property, built in 1981, combines administrative and operational space within a functional commercial building. The interior includes five private offices, a reception area, a break room with a stove and sink, and three restrooms, including one serving the warehouse area. A roll-up door supports loading, storage, and equipment access. An additional outbuilding provides separate storage capacity. The building has aluminum siding and a metal roof, with on-site parking for employees, company vehicles, and clients.
The property is located at 52 Austin Avenue in downtown Marietta, Georgia, with approximately 90" of road frontage. CRC zoning is in place, and the site offers access to major roads and nearby local businesses within the surrounding commercial area.
The property is located at 52 Austin Avenue in downtown Marietta, Georgia, with approximately 90" of road frontage. CRC zoning is in place, and the site offers access to major roads and nearby local businesses within the surrounding commercial area.
Key Highlights
- 3,040 SF flex property on 0.2893 acres
- Five private offices, reception area, and break room with stove and sink
- Warehouse area with roll‑up door
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$40,709
Cap Rate
8.14%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$814,180
$814.2K
Cap Rate 7%
$581,557
$581.6K
Cap Rate 9%
$452,322
$452.3K
Market Conditions
NOI Build-Up for 3,040 SF
Gross rent
$72.6K $23.87/SF
− Vacancy
−$18.3K −$6.02/SF
EGI
$54.3K $17.85/SF
− OpEx
−$13.6K −$4.46/SF
NOI
$40.7K $13.39/SF
Area
Cobb 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%
$814,180
Cap Rate 7%
$581,557
Cap Rate 9%
$452,322
Alternative Uses
Best Use
Office B
$581.6K
$508.9K – $678.5K
NOI $40,709 @ 7.0% cap · market cap 8.14%
Second Best
Warehouse
$318.8K
$279.0K – $371.9K
NOI $22,316 @ 7.0% cap · market cap 4.46%
Theoretical Best
Office A
$853.6K
$746.9K – $995.9K
NOI $59,754 @ 7.0% cap · market cap 11.95%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,393
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 30060, GA
39,890
Population
15,036
Households
2.7
Avg Household Size
32
Median Age
29%
College-Educated
79%
High-School Grad
15.5 sq mi
ZIP Area
2,574
Density / Sq Mi
$62,180
Median Household Income
$34,537
Median Earnings
$1,344
Median Rent
$282,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
Similar Off Market Nearby
- Chef Cary's Cuisine — 32 Ayers Ave, Marietta, GA 30060
- Anton Cat — 150 Austin Ave NE, Marietta, GA 30060
Frequently Asked Questions
What type of property is this?
Flex space - Flexible commercial layout with private offices, warehouse access, and an additional storage outbuilding.
Where is this flex space located?
The property is located at 52 Austin Avenue Marietta, GA.
What is the asking price?
The asking price for this property is $499,900.
What are key features of this property?
This property features: 3,040 SF flex property on 0.2893 acres; Five private offices, reception area, and break room with stove and sink; Warehouse area with roll‑up door
