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Live-Work Townhome Condo
For Sale
$565,000

752 Moreland Avenue, Atlanta, GA 30316

Corner unit offers ground-floor commercial space with half bath and separate upstairs living quarters plus private 1-car garage.

Property Size2,214 SF
Price / SF$255.19
Days on Market30

Property Features for 752 Moreland Avenue

General Information

Standard status Active
Size 2,214 SF
Total Parking Spaces 2
Property subtype General Commercial

Additional Details

Clear Height 14 ft

Taxes and HOA fees

Annual Taxes $5,621

Amenities

Central Air
3
Hardwood
Parking. Corner Lot.
2 Parking Spaces. Covered, On Street.
Level
871.2
Corner, Level.

Building Details

Year Built 2007
Listing Agency:
Listed By: Harry Norman Realtors
Source: Xome
Added: Jul 13 Changed: Aug 10 Last Checked: Aug 11 at 4:53AM

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 Harry Norman Realtors

Investment Insights

Based on property information with market context.

This live-work townhome-style condo includes a ground-floor commercial area with abundant windows and a half bath for guests, along with separate upstairs living quarters. The layout features soaring 14-foot ceilings and oversized east- and west-facing windows designed to bring in natural light throughout the day. Upstairs, the primary suite includes a soaking tub, double vanity, walk-in closet, and additional storage, with a second bedroom offering its own en-suite full bath. There is also a large lower-level flex space that can support commercial live/work needs as well as residential uses. The home includes a half bath on each level, plus outdoor balcony space.

Located on the corner of Moreland Ave, across from Oremwood Square Shopping Plaza, the unit benefits from a prominent setting within East Atlanta.

A private 1-car garage with an EV charger and an additional dedicated parking space outside support on-site parking convenience. The total property size is approximately 2,214 square feet.

Key Highlights

  • Live/work townhome condo with separate ground‑floor commercial space and upstairs private living quarters
  • Over 2,200 total SF with soaring 14‑foot ceilings and oversized east- and west‑facing windows
  • Ground‑floor commercial space includes windows and a half bath; lower level offers oversized flex space for commercial use or extra living

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
$29,648
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
5.25%
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%
$592,960 $593.0K
Cap Rate 7%
$423,543 $423.5K
Cap Rate 9%
$329,422 $329.4K
Market Conditions
NOI Build-Up for 2,214 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
$52.8K $23.87/SF
− Vacancy
−$13.3K −$6.02/SF
EGI
$39.5K $17.85/SF
− OpEx
−$9.9K −$4.46/SF
NOI
$29.6K $13.39/SF
Area
Atlanta, 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%
$592,960
Cap Rate 7%
$423,543
Cap Rate 9%
$329,422

Alternative Uses

Best Use
Office B
$423.5K
$370.6K – $494.1K (±1% cap)
NOI $29,648 @ 7.0% cap · market cap 5.25%
Second Best
Mixed Use
$384.3K
$336.3K – $448.3K (±1% cap)
NOI $26,900 @ 7.0% cap · market cap 4.76%
Theoretical Best
Office A
$618.9K
$541.5K – $722.1K (±1% cap)
NOI $43,323 @ 7.0% cap · market cap 7.67%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Galish Group Insurance Agency Wright & James Law Firm Holcomb Insurance Services Insurance Agency

Suggested Use

Top Pick Parking Lot & Garage Electrical Service (Bike/Boat/Book/etc) Store Building Supply Storage Facility HVAC Service

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

14 ft
Clear height

Location Intelligence

Trade Area within ½ mile

821
Businesses Nearby

Demographics for 30316, GA

33,625
Population
18,095
Households
1.9
Avg Household Size
36
Median Age
55%
College-Educated
92%
High-School Grad
13.0 sq mi
ZIP Area
2,587
Density / Sq Mi
$96,491
Median Household Income
$61,116
Median Earnings
$1,570
Median Rent
$401,800
Median Home Value

Market

Vacancy Rate% for Office in Atlanta, GA

17.9% 2019
20.4% 2020
22.2% 2021
22.4% 2022
23.8% 2023
25.2% 2024
25% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Live-work space - Corner unit offers ground-floor commercial space with half bath and separate upstairs living quarters plus private 1-car garage.
Where is this live-work space located?
The property is located at 752 Moreland Avenue Atlanta, GA.
What is the asking price?
The asking price for this property is $565,000.
What are key features of this property?
This property features: Live/work townhome condo with separate ground‑floor commercial space and upstairs private living quarters; Over 2,200 total SF with soaring 14‑foot ceilings and oversized east- and west‑facing windows; Ground‑floor commercial space includes windows and a half bath; lower level offers oversized flex space for commercial use or extra living
More about this property
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