Office Unit with Private
For Sale
$300,000
600 Houze Way Unit E4, Roswell, GA 30076
Flexible office layout with reception, kitchen areas, storage, and two half baths.
Property Size1,982 SF
Price / SF$311.20
Days on Market14
Property Features for 600 Houze Way Unit E4
General Information
Standard status
Active
Size
1,982 SF
Property subtype
Other
Amenities
0.022 acres, Level
Composition
Public Sewer
Annual Amount: $1,555, Year: 2025
Carpet
Central Air
Central
Cumulative Days on Market: 2, 2 days on market, On Market Date: 2026-08-18
Parking Total: 4, Parking Lot
Built in 1982, Brick
County: Fulton
Resale
Electricity Available, Natural Gas Available, Phone Available, Water Available, Public
Negotiable
Water body: None
Accessible Entrance
Building Details
Building Size
1,982 SF
Year Built
1982
Listing Agency:
REMAX Around Atlanta
(404) 403-8702
Listed By:
Terre Slaughter
(404) 403-8702
Source:
Blackstreaminternational
Added: Aug 18
Changed: Aug 29
Last Checked: Aug 30 at 5:03PM
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 REMAX Around Atlanta
Investment Insights
Based on property information with market context.
This 964-square-foot office unit, built in 1982, includes four private rooms, a lobby and reception area, two half baths, a kitchen area, kitchenette, and storage room. Interior updates include new carpet, a tiled room, and a new tankless water heater. The unit also has a newer roof and HVAC system.
The office is located within a complex that has undergone substantial exterior renovation. Access to the complex is straightforward, and the property is close to downtown Roswell. The association handles trash and water service, providing an established operating arrangement for the unit.
The office is located within a complex that has undergone substantial exterior renovation. Access to the complex is straightforward, and the property is close to downtown Roswell. The association handles trash and water service, providing an established operating arrangement for the unit.
Key Highlights
- 964 SF office unit with four private rooms
- Lobby and reception area plus kitchen, kitchenette, and storage room
- Two half baths and one tiled room
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
$12,909
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
4.30%
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%
$258,180
$258.2K
Cap Rate 7%
$184,414
$184.4K
Cap Rate 9%
$143,433
$143.4K
Market Conditions
NOI Build-Up for 964 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
$23.0K $23.87/SF
− Vacancy
−$5.8K −$6.02/SF
EGI
$17.2K $17.85/SF
− OpEx
−$4.3K −$4.46/SF
NOI
$12.9K $13.39/SF
Area
Fulton 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%
$258,180
Cap Rate 7%
$184,414
Cap Rate 9%
$143,433
Alternative Uses
Best Use
Office B
$184.4K
$161.4K – $215.2K
NOI $12,909 @ 7.0% cap · market cap 4.30%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$269.5K
$235.8K – $314.4K
NOI $18,863 @ 7.0% cap · market cap 6.29%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,633
Businesses Nearby
Explore this area
Business Placement
Demographics for 30076, GA
43,786
Population
18,169
Households
2.4
Avg Household Size
38
Median Age
59%
College-Educated
92%
High-School Grad
16.0 sq mi
ZIP Area
2,737
Density / Sq Mi
$113,166
Median Household Income
$52,413
Median Earnings
$1,673
Median Rent
$461,300
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Office units - Flexible office layout with reception, kitchen areas, storage, and two half baths.
Where is this office units located?
The property is located at 600 Houze Way Unit E4 Roswell, GA.
What is the asking price?
The asking price for this property is $300,000.
What are key features of this property?
This property features: 964 SF office unit with four private rooms; Lobby and reception area plus kitchen, kitchenette, and storage room; Two half baths and one tiled room
