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Brick Office Building For Sale

4661 N Shallowford Rd Atlanta, GA 30338

4661 N Shallowford Rd, Atlanta, GA, 30338
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For Sale
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5445 SF brick office building in high-traffic Atlanta area.

Property Size5,445 SF
Lot Size1.10 Acres
Price / SF$303.03
Days on Market1259

Property Features for 4661 N Shallowford Rd

General Information

Standard status
Active
Size
5,445 SF
Lot size
1.10 Acres
Property subtype
Office

Building Details

Year Built
1999
Listing agency Acme Property Group
Listed by Zach Rogers · License #GA 359958
Source Crexi
Added: Feb 8, 2023 Updated: Jul 6 at 8:00AM Checked: Jul 19 at 9:45AM

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 Acme Property Group


Investment Insights

Based on property information with market context.

This brick office building, situated in a high-traffic area just north of Atlanta, offers 5445 square feet of space, including a main level and a full, unfinished basement, on a 1.098-acre lot. The property features 13 regular parking spaces and 2 handicap spaces, providing flexibility for various business needs, including medical, office, or church use. The main level, spanning over 3774 square feet, includes 9 large offices, a conference room, a server/utility room, a separate kitchen area, and a large open flex space at the rear. Its location offers quick access to several major roadways, making it suitable for established businesses looking to expand or relocate, as well as startups. The property has undergone recent updates, including the installation of 3 new HVAC units in 2021 and a new roof in 2018. The property is being refreshed with summer cleaning, new light bulbs, and new ceiling tiles.

Key Highlights

  • High‑traffic location just north of Atlanta with quick access to major roadways.
  • Large 5445 sq ft office building on 1.098 acres, suitable for various uses.
  • Main level features 9 large offices, conference room, kitchen, server room, and open flex space.

Local Financial Insights For Office B

Simulate Cap Rate and NOI

NOI Build-Up
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.

Component $ $/SF
Gross rent $130.0k $23.87
− Vacancy −$32.8k −$6.02
EGI $97.2k $17.85
− OpEx −$24.3k −$4.46
NOI $72.9k $13.39
5,445 SF · lease $23.87/SF/yr · vacancy 25.20% · expense 25.00%

Alternative Uses

Best Use
Office B
$1.04M
$911.4K – $1.22M (±1% cap)
NOI $72,914 @ 7.0% cap · market cap 4.42%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.52M
$1.33M – $1.78M (±1% cap)
NOI $106,546 @ 7.0% cap · market cap 6.46%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Seco International LLC Physician

Suggested Use

Parking Lot & Garage Auto Repair Shop (Bike/Boat/Book/etc) Store Auto Parts Store Building Supply Big Box & Wholesale Store Cafe & Coffee Shop Barber Shop Bakery Daycare Center

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

FAQs

What type of property is this?
Office building - 5445 SF brick office building in high-traffic Atlanta area.
Where is this office building located?
The property is located at 4661 N Shallowford Rd Atlanta, GA.
What is the asking price?
The asking price for this property is $1,650,000.
What are key features of this property?
This property features: High‑traffic location just north of Atlanta with quick access to major roadways.; Large 5445 sq ft office building on 1.098 acres, suitable for various uses.; Main level features **9 large offices, conference room, kitchen, server room, and open flex space.**
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