Office Building with Two
For Sale
$350,000
5480 Old National Hwy, Atlanta, GA 30349
Built in 2005, this commercial property offers adaptable space for an owner-occupant or investor.
Property Size1,969 SF
Price / SF$177.76
Days on Market59
Property Features for 5480 Old National Hwy
General Information
Standard status
Active
Size
1,969 SF
Building Details
Year Built
2005
Buildings
1
Building Size
1,969 SF
Listing Agency:
HomeSmart
Listed By:
Johnishia Jones
(678) 249-4189
Source:
Leagrouprealestate
Added: Aug 13
Changed: Oct 4
Last Checked: Oct 7 at 2:08PM
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 HomeSmart
Investment Insights
Based on property information with market context.
This office building contains 1,969 square feet of commercial space and was constructed in 2005. The layout is adaptable for different business operations, with two bathrooms and finished interior areas suited to client and staff use.
Located at 5480 Old National Hwy in Atlanta, Georgia, the property offers a commercial address along Old National Highway. Its configuration supports consideration by an owner-occupant or investor seeking an office asset with an established building and flexible space.
Located at 5480 Old National Hwy in Atlanta, Georgia, the property offers a commercial address along Old National Highway. Its configuration supports consideration by an owner-occupant or investor seeking an office asset with an established building and flexible space.
Key Highlights
- 1,969 square feet of commercial space
- Built in 2005
- Two bathrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$26,378
Cap Rate
7.54%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$527,560
$527.6K
Cap Rate 7%
$376,829
$376.8K
Cap Rate 9%
$293,089
$293.1K
Market Conditions
NOI Build-Up for 1,969 SF
Gross rent
$47.0K $23.88/SF
− Vacancy
−$11.8K −$6.02/SF
EGI
$35.2K $17.86/SF
− OpEx
−$8.8K −$4.47/SF
NOI
$26.4K $13.40/SF
Area
ZIP 30349
Vacancy
25.20%
Lease Rate
$23.88 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$527,560
Cap Rate 7%
$376,829
Cap Rate 9%
$293,089
Alternative Uses
Best Use
Office B
$376.8K
$329.7K – $439.6K
NOI $26,378 @ 7.0% cap · market cap 7.54%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$552.9K
$483.8K – $645.1K
NOI $38,703 @ 7.0% cap · market cap 11.06%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
567
Businesses Nearby
Explore this area
Business Placement
Demographics for 30349, GA
81,320
Population
34,176
Households
2.4
Avg Household Size
35
Median Age
32%
College-Educated
91%
High-School Grad
45.9 sq mi
ZIP Area
1,772
Density / Sq Mi
$64,732
Median Household Income
$39,195
Median Earnings
$1,323
Median Rent
$236,800
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 Atlanta, GA
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Built in 2005, this commercial property offers adaptable space for an owner-occupant or investor.
Where is this office building located?
The property is located at 5480 Old National Hwy Atlanta, GA.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: 1,969 square feet of commercial space; Built in 2005; Two bathrooms
