Two-Story Building Near
525 Forest Parkway Forest Park, GA 30297
525 Forest Parkway, Forest Park, GA, 30297
$750,000
For Sale
$750,000
Two-story building with suites available near major interstates and airport.
Property Size5,000 SF
Price / SF$150
Days on Market134
Property Features for 525 Forest Parkway
General Information
- Standard status
- Active
- Size
- 5,000 SF
- Property subtype
- Office
Listing Agency
(404) 277-1625
Listed by
Bob Stephens · License #GA 264563
(404) 277-1625
Source
Kingindustrial
Added: Mar 5 Checked: Jul 17 at 3:48 am
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 Bob Stephens
Investment Insights
Based on property information with market context.
This two-story building offers 5,000 +/- square feet of space. Suites ranging from 1,200 to 5,000 square feet are available. The first floor provides 2,500 square feet, while the second floor offers suites ranging from 1,200 to 2,500 square feet. The property is located close to I-85 and I-285, and is 7.8 miles from Hartsfield-Jackson International Airport and 11.7 miles from Downtown Atlanta.
Key Highlights
- Convenient access to I‑85 and I‑285.
- Proximity to Hartsfield‑Jackson International Airport (7.8 miles).
- Suites available from 1,200 - 5,000 SF.
Local Financial Insights For Office B
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 | $119.4k | $23.87 |
| − Vacancy | −$30.1k | −$6.02 |
| EGI | $89.3k | $17.85 |
| − OpEx | −$22.3k | −$4.46 |
| NOI | $67.0k | $13.39 |
5,000 SF · lease $23.87/SF/yr · vacancy 25.20% · expense 25.00%
Alternative Uses
Best Use
Office B
$956.5K
$836.9K – $1.12M
NOI $66,955 @ 7.0% cap · market cap 8.93%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.40M
$1.22M – $1.63M
NOI $97,838 @ 7.0% cap · market cap 13.05%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Forest Park Cash ...
Car Dealership
Similar For Sale Nearby
FAQs
What type of property is this?
Office building - Two-story building with suites available near major interstates and airport.
Where is this office building located?
The property is located at 525 Forest Parkway Forest Park, GA.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: Convenient access to I‑85 and I‑285.; Proximity to Hartsfield‑Jackson International Airport (7.8 miles).; Suites available from 1,200 - 5,000 SF.
