Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Office Building with Multiple Suites Title is generated by Realmo AI

    724 King Road, Riverdale, GA 30274

    View on Map
    Claim this Listing
    New
    For Sale
    Contact for pricing

    For sale office property providing dedicated space for professional and service-related operations.

    Type:Office
    Property size:
    2,508 SF
    Price / SF:
    $79/SF
    Added:
    Jun 3, 2026
    Days on Market:
    5
    Last Refresh:
    Jun 6 at 2:55 am

    Property Features for 724 King Road

    General Information

    Standard status
    Active
    Size
    2,508 SF
    Property subtype
    Office

    Building Details

    Year Built
    1962

    We can help!

    Listing Contact
    Aleathea Oates

    Listing agent Aleathea Oates License #GA 253332

    Listing office Cross Creek Realty

    Listing date Jun 3, 2026

    Source Crexi

    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 Cross Creek Realty

    HighLights

    • Office property built in 1962
    • Dedicated space designed for professional and service‑related operations

    Overview

    This for-sale office property consists of office units and office space totaling 2,508 square feet. It is set up for business use and offers a practical footprint for a professional tenant seeking dedicated work areas.

    The building is located at 724 King Road in Riverdale, GA 30274. This local address provides a straightforward point of reference for site visits, due diligence, and planning around the existing office layout.

    Depending on the end user’s requirements, the property can support a range of professional uses that typically fit an office environment. For buyers, it may also be considered as an office holding opportunity, with the key underwriting starting point being how the existing 2,508-square-foot configuration aligns with the intended occupant’s needs.
    Location Intelligence

    Current Use by Public Records

    Stonewall Insurance Agency ... Insurance Agency Ultimax Transport Inc Moving Company The Healing Spa Atl Spa & Massage Center Integrity Insurance Inc Insurance Agency

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Hair Salon Auto Repair Shop Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Riverdale
    County
    Clayton
    State
    Georgia
    Longitude
    -84.4135505
    Latitude
    33.5783854

    Nearby Similar for Sale

    • $5,000,000
      41,800 SF

      Repurposed Warehouse and Office Facility

      Warehouse building with theater-style capacity adaptable for studio, warehouse, and office uses on a sizable Riverdale site.
      274 Highway 138 SW, Riverdale, GA 30274
      View Details
    • $5,000,000
      41,800 SF

      Warehouse with Movie Studio Potential

      Large warehouse building with former theater layout, offering flexible studio or warehouse/office options for investors.
      274 Highway 138 SW, Riverdale, GA 30274
      View Details
    • $740,000
      7,200 SF

      Riverdale Retail Space on Highway

      7,200 SF retail space with high visibility and parking.
      6474 Highway 85, Riverdale, GA 30274
      View Details
    • $1,025,000
      6,583 SF

      Professional Office Building in Riverdale

      6,583 SF office building in established medical corridor.
      275 Professional Court, Riverdale, GA 30274
      View Details
    • $199,000
      2,588 SF

      Owner-Occupy Office Space

      Versatile office space in Riverdale suited for professional services, training, salon, or select retail uses.
      724 King Road, Riverdale, GA 30274
      View Details
    • $1,000,000

      Highway 85 Retail Opportunity

      Prime retail space off Highway 85 in Riverdale, Georgia.
      6843 HIGHWAY 85, Riverdale, GA 30271
      View Details
    • $1,025,000
      6,583 SF

      Riverdale Professional Office Building

      6,583 SF office building in Riverdale's medical corridor.
      275 Professional Ct, Riverdale, GA 30274
      View Details
    • $220,000

      Riverdale Townhome with New Features

      Two-bedroom townhome in Riverdale with updated flooring and paint.
      8010 Woodlake Drive, Riverdale, GA 30274
      View Details
    • $1,200,000
      15,820 SF

      Industrial Property with Fenced Storage

      Industrial property featuring office space and fenced outside storage.
      Riverdale, GA 30274
      View Details
    • $5,000,000
      41,800 SF

      Warehouse/Studio Near Atlanta Airport

      41,800 SF warehouse/studio on 7.6 acres near Atlanta Airport.
      274 Highway 138 SW, Riverdale, GA 30274
      View Details
    • $1,000,000

      Highway 85 Retail Opportunity

      Prime retail space off Highway 85 with ample parking.
      6843 HIGHWAY 85, Riverdale, GA 30271
      View Details

    FAQs

    What type of property is this?
    Office units - For sale office property providing dedicated space for professional and service-related operations.
    Where is this office units located?
    The property is located at 724 King Road Riverdale, GA.
    What is the asking price?
    The asking price for this property is $199,000.
    What are key features of this property?
    This property features: Office property built in 1962; Dedicated space designed for professional and service‑related operations
    (404) 242-9070 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Aleathea Oates
    Real Estate License ID: GA 253332
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    724 King Road, Riverdale, GA 30274
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!