5712 Redan Rd Stone Mountain, GA 30088
For Sale
$649,000
Multi-purpose building in high traffic area, Dekalb County.
Property Size2,900 SF
Lot Size0.67 Acres
Price / SF$223.79
Days on Market153
Property Features for 5712 Redan Rd
General Information
Standard status
Active
Property type
Medical Office Space, Office Spaces, Day care centers, Specialty properties, Office Units, Commercial real estate
Size
2,900 SF
Lot size
0.67 Acres
Building Details
Year Built
1946
Listing Agency:
(404) 242-9070
Listed By:
Collis
(404) 242-9070
Added: Feb 25
Changed: Jun 10
Financial Insights For Healthcare Medical
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 | $78.3k | $27.00 |
| − Vacancy | −$8.2k | −$2.84 |
| EGI | $70.1k | $24.17 |
| − OpEx | −$28.0k | −$9.67 |
| NOI | $42.0k | $14.50 |
2,900 SF · lease $27.00/SF/yr · vacancy 10.50% · expense 40.00%
Alternative Uses
Best Use
Healthcare Medical
$600.7K
$525.6K – $700.8K
NOI $42,047 @ 7.0% cap · market cap 6.48%
Second Best
Office B
$554.8K
$485.4K – $647.2K
NOI $38,834 @ 7.0% cap · market cap 5.98%
Theoretical Best
Office A
$810.7K
$709.3K – $945.8K
NOI $56,746 @ 7.0% cap · market cap 8.74%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Similar Off Market Nearby
- Lotts General Hospital — 5449 forest e ln, stone mountain, ga 30088
Frequently Asked Questions
What type of property is this?
Medical Office Space - Multi-purpose building in high traffic area, Dekalb County.
Where is this medical office space located?
The property is located at 5712 Redan Rd Stone Mountain, GA.
What is the asking price?
The asking price for this property is $649,000.
