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Freestanding Office Building with Parking
For Sale
$2,200,000

574 Conyers Road, Loganville, GA 30052

Commercial Sale, Loganville, GA

Property Size12,000 SF
Lot Size1.52 Acres
Price / SF$183.33
Days on Market283

Property Features for 574 Conyers Road

General Information

Property type Commercial Sale
Property subtype Office
Parking 43
Parking features Parking Lot
Lot features Business Park, Level
Directions Use GPS. Hwy 78 East through Loganville. Right by Loganville library. Go half a mile on Hwy 20 and the property will be on left.
Standard status Active
APN LG060124
Size 12,000 SF
Lot size 1.52 Acres

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 19380

Utilities

Utilities Water Available
Sewer type Public Sewer
Heating system Natural Gas, Central, Forced Air
Cooling system Central Air
Water source Public

Amenities

reception area
conference rooms
kitchettes

Building Details

Year built 2004
Flooring type Hardwood, Carpet
Building materials Frame
Roof type Tile
Listing Agency: Keller Williams Realty Atl. Partners
Listed By: Deborah Ayeni · License #204461
Added: Nov 10, 2025 Changed: Aug 19 Last Checked: Aug 20 at 7:06PM
MLS# 10641968

Copyright © 2026 Georgia Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Freestanding office building totaling 12,000 square feet with a layout designed for multiple business configurations. The interior features a reception area, a beautiful hallway, and a mix of office space including conference rooms and kitchettes. Finishes include carpet and hardwood flooring, and the building is served by central heating and central air with natural gas forced air. An elevator supports accessibility throughout the office environment.

Set on 1.52 acres, the property offers parking lot parking with 40 spaces and more than 20 individual offices. The building is served by public water and public sewer, and it has a tile roof. Constructed with frame materials and built in 2004, it also has strong road frontage for visibility and accessibility.

This office building is positioned for corporate headquarters or professional service uses, while its existing office configuration can also support investor ownership seeking stable income.

Key Highlights

  • 12,000‑square‑foot freestanding office building with more than 20 individual offices
  • Reception area, hallway layout, conference rooms, kitchettes, and elevator
  • 1.52‑acre site with outstanding road frontage for visibility and accessibility

Financial Insights

Estimated NOI and Cap Rate

NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$160,693
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.30%
Suggested Prices Based on Cap Rates Cap rates vary significantly by property type, market, and asset quality. Typical U.S. stable-market ranges: Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+) Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand) Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically) Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher) Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk) Self-Storage — 5.5% to 7.5% Medical Office — 6.0% to 7.5% Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term Rules of thumb: Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%). Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C. Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI. Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$3,213,860 $3.2M
Cap Rate 7%
$2,295,614 $2.3M
Cap Rate 9%
$1,785,478 $1.8M
Market Conditions
NOI Build-Up for 12,000 SF 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.
Gross rent
$286.4K $23.87/SF
− Vacancy
−$72.2K −$6.02/SF
EGI
$214.3K $17.85/SF
− OpEx
−$53.6K −$4.46/SF
NOI
$160.7K $13.39/SF
Area
Walton 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 rates vary significantly by property type, market, and asset quality. Typical U.S. stable-market ranges: Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+) Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand) Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically) Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher) Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk) Self-Storage — 5.5% to 7.5% Medical Office — 6.0% to 7.5% Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term Rules of thumb: Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%). Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C. Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI. Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$3,213,860
Cap Rate 7%
$2,295,614
Cap Rate 9%
$1,785,478

Alternative Uses

Best Use
Office B
$2.30M
$2.01M – $2.68M (±1% cap)
NOI $160,693 @ 7.0% cap · market cap 7.30%
Second Best
no second resolved use
Theoretical Best
Office A
$3.37M
$2.95M – $3.93M (±1% cap)
NOI $235,872 @ 7.0% cap · market cap 10.72%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Southeast Mortgage of Georgia Loan Service Acopla Home Loans Loan Service Reliant Homes Construction Company FedEx Drop Box Postal Service

Suggested Use

Top Pick Building Supply Storage Facility Law Firm Auto Parts Store (Bike/Boat/Book/etc) Store Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

600
Businesses Nearby

Demographics for 30052, GA

74,442
Population
26,768
Households
2.8
Avg Household Size
37
Median Age
31%
College-Educated
91%
High-School Grad
88.9 sq mi
ZIP Area
837
Density / Sq Mi
$90,567
Median Household Income
$43,034
Median Earnings
$1,749
Median Rent
$325,200
Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office building - Freestanding office building with a reception area, elevator, multiple offices, and on-site parking lot access.
Where is this office building located?
The property is located at 574 Conyers Road Loganville, GA.
What is the asking price?
The asking price for this property is $2,200,000.
What are key features of this property?
This property features: 12,000‑square‑foot freestanding office building with more than 20 individual offices; Reception area, hallway layout, conference rooms, kitchettes, and elevator; 1.52‑acre site with outstanding road frontage for visibility and accessibility
More about this property
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