Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Renovated Flex-Office Space Available Title is generated by Realmo AI

    1835 E Park Pl Blvd, Stone Mountain, GA 30087

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Newly renovated flex-office space with tenant-controlled HVAC in Stone Mountain.

    Type:Office, Industrial, Special Purpose
    Added:
    May 18, 2023
    Days on Market:
    1092
    Last Refresh:
    Mar 17 at 1:19 pm

    Property Features for 1835 E Park Pl Blvd

    General Information

    Standard status
    Active
    Property subtype
    Office, Industrial, Special Purpose

    Building Details

    Year Built
    1987

    Spaces For Lease

    at 1835 E Park Pl Blvd Contact us

    Suite 115 $15 /Mo

    Size
    2,200 SF
    Type
    Office, Industrial
    Suite 115 offers 2,200 SF of industrial/flex space at Mountain Park Place, located...
    show more
    Contact us

    Suite 105 $15 /Mo

    Size
    Type
    Office, Industrial
    Suite 105 offers 1,713 SF with 80% warehouse and 20% office, featuring a rear drive-in...
    show more
    Contact us

    Suite 108 $15 /Mo

    Size
    1,989 SF
    Type
    Office, Industrial
    2,000 SFnOne-drive in doorn80% Warehouse n20% Office
    Contact us

    Suite 111 $15 /Mo

    Size
    2,011 SF
    Type
    Office, Industrial
    Newly renovated flex-office space with tenant controlled HVAC. This site is centrally...
    show more
    Contact us

    We can help!

    Listing Contact
    Caden Herring

    Listing agent Caden Herring License #415246

    Listing office Rise Property Group

    Listing date May 18, 2023

    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 Rise Property Group

    HighLights

    • Newly renovated flex‑office space.
    • Tenant controlled HVAC.
    • Centrally located near Stone Mountain Parkway and US‑78.
    • High‑traffic location near national retailers.
    • Flexible suites available.
    • Built in 1987.

    Overview

    This newly renovated flex-office space features tenant-controlled HVAC. The property is centrally located at the intersection of E Park Place Boulevard and Rockbridge Road SW, within half a mile of Stone Mountain Parkway and US-78. The location is surrounded by national retailers, including a Walmart Shopping Center, McDonald’s, Wendy’s, Dollar Tree, and Marco’s Pizza. With its convenient location and flexible suites, this property is suitable for businesses looking to establish or expand their operations.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Multiprint + Design Marketing & Advertising The Jim Terry Group, ... Military Base Agape Life Coaching Consultant webuyanycar.com Car Dealership HCISI Freight Service

    Suggested Use

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

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

    Similar Places Nearby

    • Tigi's Cafe & Food Truck — 1979 Parker Ct Ste. H, Snellville, GA 30087
    • cfa stone mountain — 5075 Stone Mountain Hwy, Stone Mountain, GA 30087

    Location Insight

    • Map
    • Local Demand
    City
    Stone Mountain
    County
    DeKalb
    State
    Georgia
    Longitude
    -84.1197341
    Latitude
    33.825304

    Nearby Similar for Lease

    • $3,000/Mo

      Historic Granite Flex Space

      Adaptable commercial space in historic Stone Mountain Village.
      5367 E Mountain Street, Stone Mountain, GA 30083
      View Details
    • $11,800/Mo

      Stone Mountain Retail Space For Rent

      Retail space with loading dock, kitchenette, and ample parking.
      4964 Redan Road, Stone Mountain, GA 30088
      View Details
    • $11,800/Mo

      Stone Mountain Retail Space Available

      Retail space with loading dock in a high-traffic Stone Mountain location.
      4964 Redan Road, Stone Mountain, GA 30088
      View Details
    • Contact for pricing

      New Retail Space Available

      New construction retail space, co-tenanted with Dunkin'.
      4850 Redan Rd, Stone Mountain, GA 30088
      View Details
    • Contact for pricing

      Retail Space Near I-285

      Former Walgreens location with high traffic and retail proximity.
      Stone Mountain, GA 30083
      View Details
    • Contact for pricing

      Retail Freestanding Building For Lease

      Retail freestanding building available for lease in neighborhood center.
      1475 E Park Place Boulevard, Stone Mountain, GA 30087
      View Details
    • Contact for pricing

      Flexible Office Suites For Rent

      Office suites available in accessible, highly visible Stone Mountain location.
      900 N Hairston Rd, Stone Mountain, GA 30083
      View Details
    • Contact for pricing

      Retail Space Near Highway 78

      Retail spaces available near major retailers and Highway 78.
      5295 Stone Mountain Freeway, Stone Mountain, GA 30087
      View Details
    • Contact for pricing

      Publix Anchored Retail Center

      Highly visible, fully leased retail center in growing area.
      380 N. Deshon Road, Stone Mountain, GA 30087
      View Details
    • Contact for pricing

      Single Tenant Building For Rent

      Single tenant building on 2.05 acres, convenient highway access.
      4801 Lewis Road, Stone Mountain, GA 30083
      View Details
    • Contact for pricing

      Stone Mountain Office Space Available

      Office space for lease in Stone Mountain with private offices.
      1600 Mountain Industrial Blvd, Stone Mountain, GA 30083
      View Details
    • Contact for pricing

      Retail Space Available For Rent

      Retail space available, approximately 1,000 square feet.
      1525 E Park Pl Blvd, Stone Mountain, GA 30087
      View Details

    FAQs

    What type of property is this?
    Flex space - Newly renovated flex-office space with tenant-controlled HVAC in Stone Mountain.
    Where is this flex space located?
    The property is located at 1835 E Park Pl Blvd Stone Mountain, GA.
    What are key features of this property?
    This property features: Newly renovated flex‑office space.; Tenant controlled HVAC.; Centrally located near Stone Mountain Parkway and US‑78.
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Caden Herring
    Real Estate License ID: 415246
    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
    1835 E Park Pl Blvd, Stone Mountain, GA 30087
    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!