Office Building For
For Sale
$6,950,000
812 Lambert Drive, Atlanta, GA 30324
Office building offered for sale with flexibility for either investment or owner-user use.
Property Size30,096 SF
Days on Market124
Property Features for 812 Lambert Drive
General Information
Standard status
Active
Size
30,096 SF
Property subtype
Office
Site & Location
Neighborhood
Lindridge/Martin Manor
Building Details
Building Size
30,096 SF
Year Built
1966
Listed By:
Kurt Unger
(404) 281-6988
Source:
Lee-associates
Added: Jun 24
Changed: Oct 13
Last Checked: Oct 24 at 2:17PM
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 Kurt Unger
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Investment Insights
Based on property information with market context.
This office building is being offered for sale and may be acquired for either investment purposes or as an owner-user. The property falls within the commercial office category and is presented as a for-sale option for buyers seeking an office real estate asset that can support different ownership goals.
The property is located at 812 Lambert Drive in Atlanta, Georgia (30324).
The property is located at 812 Lambert Drive in Atlanta, Georgia (30324).
Key Highlights
- Office building for sale (1966 build year)
- Flexible use as either an investment property or an owner‑user office building
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$403,018
Cap Rate
5.80%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$8,060,360
$8.1M
Cap Rate 7%
$5,757,400
$5.8M
Cap Rate 9%
$4,477,978
$4.5M
Market Conditions
NOI Build-Up for 30,096 SF
Gross rent
$718.4K $23.87/SF
− Vacancy
−$181.0K −$6.02/SF
EGI
$537.4K $17.85/SF
− OpEx
−$134.3K −$4.46/SF
NOI
$403.0K $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 Rate 5%
$8,060,360
Cap Rate 7%
$5,757,400
Cap Rate 9%
$4,477,978
Alternative Uses
Best Use
Office B
$5.76M
$5.04M – $6.72M
NOI $403,018 @ 7.0% cap · market cap 5.80%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$8.41M
$7.36M – $9.82M
NOI $588,909 @ 7.0% cap · market cap 8.47%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,454
Businesses Nearby
Explore this area
Business Placement
Demographics for 30324, GA
30,942
Population
18,232
Households
1.7
Avg Household Size
34
Median Age
75%
College-Educated
98%
High-School Grad
5.3 sq mi
ZIP Area
5,838
Density / Sq Mi
$93,815
Median Household Income
$70,026
Median Earnings
$1,759
Median Rent
$505,300
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Atlanta, GA
Frequently Asked Questions
What type of property is this?
Office building - Office building offered for sale with flexibility for either investment or owner-user use.
Where is this office building located?
The property is located at 812 Lambert Drive Atlanta, GA.
What is the asking price?
The asking price for this property is $6,950,000.
What are key features of this property?
This property features: Office building for sale (1966 build year); Flexible use as either an investment property or an owner‑user office building
