Office Building with Customizable
640 Claremore Professional Way, Woodstock, GA 30188
For Sale
Contact for pricing
An unpoured floor slab allows the interior layout and plumbing to be configured for the next occupant.
Property Size7,000 SF
Price / SF$500
Days on Market9
Property Features for 640 Claremore Professional Way
General Information
Standard status
Size
Property subtype
Additional Details
Condition
Property Use
Building Details
Buildings
Building Size
Construction
Listing Agency:
Vision Commercial Advisors, Inc.
Listed By:
David Hacker · License GA #174269
(770) 329-2878
Source:
Crexi
Added: Nov 2
Changed: Nov 8
Last Checked: Nov 8 at 5:55PM
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 Vision Commercial Advisors, Inc.
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Investment Insights
Based on property information with market context.
This 7,000-square-foot office building combines a masonry exterior with ACM panels across the front. Curtain wall glazing and storefront windows bring natural light into the interior. The floor slab has not been poured, leaving the interior layout and plumbing available for configuration to suit the buyer’s requirements.
Key Highlights
- 7,000‑square‑foot office building
- Unpoured interior slab allows layout and plumbing to be customized
- Architectural CMU masonry exterior with ACM panels across the front
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$122,051
Cap Rate
3.49%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,441,020
$2.4M
Cap Rate 7%
$1,743,586
$1.7M
Cap Rate 9%
$1,356,122
$1.4M
Market Conditions
NOI Build-Up for 7,000 SF
Gross rent
$217.6K $31.08/SF
− Vacancy
−$54.8K −$7.83/SF
EGI
$162.7K $23.25/SF
− OpEx
−$40.7K −$5.81/SF
NOI
$122.1K $17.44/SF
Area
Cherokee County, GA
Vacancy
25.20%
Lease Rate
$31.08 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,441,020
Cap Rate 7%
$1,743,586
Cap Rate 9%
$1,356,122
Alternative Uses
Best Use
Office B
$1.74M
$1.53M – $2.03M
NOI $122,051 @ 7.0% cap · market cap 3.49%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.96M
$1.72M – $2.29M
NOI $137,225 @ 7.0% cap · market cap 3.92%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
469
Businesses Nearby
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Business Placement
Demographics for 30188, GA
67,972
Population
26,759
Households
2.5
Avg Household Size
40
Median Age
47%
College-Educated
95%
High-School Grad
43.7 sq mi
ZIP Area
1,555
Density / Sq Mi
$105,395
Median Household Income
$55,281
Median Earnings
$1,736
Median Rent
$389,100
Median Home Value
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office building - An unpoured floor slab allows the interior layout and plumbing to be configured for the next occupant.
Where is this office building located?
The property is located at 640 Claremore Professional Way Woodstock, GA.
What is the asking price?
The asking price for this property is $3,500,000.
What are key features of this property?
This property features: 7,000‑square‑foot office building; Unpoured interior slab allows layout and plumbing to be customized; Architectural CMU masonry exterior with ACM panels across the front
