Two-Story Building Near
For Sale
$750,000
525 Forest Parkway, Forest Park, GA 30297
Two-story building with suites available near major interstates and airport.
Property Size5,000 SF
Price / SF$150
Days on Market225
Property Features for 525 Forest Parkway
General Information
Standard status
Active
Size
5,000 SF
Class
A
Property subtype
Office
Building Details
Building Size
5,000 SF
Listed By:
Bob Stephens · License #GA 264563
(404) 277-1625
Source:
Kingindustrial
Added: Mar 5
Changed: Oct 6
Last Checked: Oct 16 at 6:27AM
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
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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.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$66,955
Cap Rate
8.93%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,339,100
$1.3M
Cap Rate 7%
$956,500
$956.5K
Cap Rate 9%
$743,944
$743.9K
Market Conditions
NOI Build-Up for 5,000 SF
Gross rent
$119.4K $23.87/SF
− Vacancy
−$30.1K −$6.02/SF
EGI
$89.3K $17.85/SF
− OpEx
−$22.3K −$4.46/SF
NOI
$67.0K $13.39/SF
Area
Clayton 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%
$1,339,100
Cap Rate 7%
$956,500
Cap Rate 9%
$743,944
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 authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
638
Businesses Nearby
Explore this area
Business Placement
Demographics for 30297, GA
29,669
Population
11,438
Households
2.6
Avg Household Size
33
Median Age
13%
College-Educated
75%
High-School Grad
11.0 sq mi
ZIP Area
2,697
Density / Sq Mi
$45,975
Median Household Income
$34,330
Median Earnings
$1,144
Median Rent
$121,400
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
Frequently Asked Questions
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.
