Corner Office
610-4439 Suwanee Dam Road, Suwanee, GA 30024
For Sale
$320,000
A multi-room workspace includes dedicated meeting, reception, support, and break areas.
Property Size1,152 SF
Price / SF$277.78
Days on Market1108
Property Features for 610-4439 Suwanee Dam Road
General Information
Standard status
Size
Additional Details
Tenant in Place
Property Use
Taxes and HOA fees
Annual Taxes
Building Details
Construction
Tenancy
Listing Agency:
Sekhars Realty, LLC.
(404) 808-9978
Listed By:
Chandra Sivalingam
(678) 428-2809
Source:
Exprealty
Added: Oct 31, 2023
Changed: Nov 10
Last Checked: Nov 10 at 2:15PM
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 Sekhars Realty, LLC.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 1,152-square-foot office suite has three offices, a conference room, reception area, workroom, storage closet, coffee area, and restroom. The workroom could serve as an additional office. Brick construction and windows in every room are among the suite’s physical features; the property is described as being in good condition.
The corner unit is located in Suwanee, Georgia, and ample parking is available.
The corner unit is located in Suwanee, Georgia, and ample parking is available.
Key Highlights
- 1,152‑square‑foot corner office suite
- Three offices, conference room, reception area, workroom, storage closet, coffee area, and restroom
- Windows in every room
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$20,060
Cap Rate
6.27%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$401,200
$401.2K
Cap Rate 7%
$286,571
$286.6K
Cap Rate 9%
$222,889
$222.9K
Market Conditions
NOI Build-Up for 1,152 SF
Gross rent
$35.8K $31.04/SF
− Vacancy
−$9.0K −$7.82/SF
EGI
$26.7K $23.22/SF
− OpEx
−$6.7K −$5.80/SF
NOI
$20.1K $17.41/SF
Area
Gwinnett County, GA
Vacancy
25.20%
Lease Rate
$31.04 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$401,200
Cap Rate 7%
$286,571
Cap Rate 9%
$222,889
Alternative Uses
Best Use
Office B
$286.6K
$250.8K – $334.3K
NOI $20,060 @ 7.0% cap · market cap 6.27%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$322.0K
$281.8K – $375.7K
NOI $22,542 @ 7.0% cap · market cap 7.04%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
120
Businesses Nearby
Explore this area
Business Placement
Demographics for 30024, GA
87,115
Population
29,306
Households
3
Avg Household Size
39
Median Age
63%
College-Educated
95%
High-School Grad
41.7 sq mi
ZIP Area
2,089
Density / Sq Mi
$139,918
Median Household Income
$60,932
Median Earnings
$1,872
Median Rent
$491,400
Median Home Value
Market
Average Price Trend$/SF for Office Units in Gwinnett County, GA
Properties on Market for Office Units in Gwinnett County
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - A multi-room workspace includes dedicated meeting, reception, support, and break areas.
Where is this office unit located?
The property is located at 610-4439 Suwanee Dam Road Suwanee, GA.
What is the asking price?
The asking price for this property is $320,000.
What are key features of this property?
This property features: 1,152‑square‑foot corner office suite; Three offices, conference room, reception area, workroom, storage closet, coffee area, and restroom; Windows in every room
