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    119 Court Sq Decatur, GA 30030

    Sponsored
    For Lease
    $36 SF/Yr

    Prime Decatur Office Space Available

    Lot size:
    12,699 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional Downtown Decatur office property, located at 119 E Court Square, offers a variety of flexible spaces ideal for businesses of all sizes. The building, boasting 12,699 square feet across two stories, underwent a complete renovation in 2022. Tenants can choose from traditional office, coworking, or creative office spaces, with a minimum divisible space of 231 square feet and a maximum contiguous space of 2,269 square feet. Currently, 2,269 square feet are available. The building features a 12-foot ceiling height and is classified as Class B. While there is no on-site parking, the property benefits from its exceptional location in the heart of Downtown Decatur, providing easy access to a wide array of restaurants, retail shops, and the MARTA train and bus system. The building comprises ten total suites, offering a variety of configurations to suit diverse business needs. The address is conveniently situated near Ponce Street, within the Decatur submarket and Downtown Decatur submarket cluster, offering unparalleled access to the vibrant Decatur community. This is a unique opportunity to secure office space in a highly desirable and well-connected location. The property's convenient location and recent renovation make it an attractive option for businesses seeking a modern and accessible workspace in the thriving Downtown Decatur area. The building's flexible space options cater to a wide range of business sizes and requirements, making it a versatile and appealing investment.

    Property Features for 119 Court Sq

    General Information

    Property type
    Office space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    12,699 SF
    Class
    B
    Total Rate
    38097

    Building Details

    Year Renovated
    2022
    Buildings
    1
    Stories
    2

    Unit(s) available at that property

    Space
    Available Space 1
    Size
    2,394 SF
    Rate per SF
    $36

    HighLights

    • Historic building on Decatur Square.
    • 12‑foot ceilings.
    • Building signage available.
    • Office suites available from 145 RSF to 4,131 RSF (entire 2nd floor).
    • Flexible lease terms.
    • Large windows.
    Property Profile Location Intelligence

    Current Use by Public Records

    Lenz Marketing Marketing Agency Tall Rocker Company Outdoor Furniture Store Brannon R Lamar Attorney

    Suggested Use

    Realty agency Restaurant Spa & Massage Law Firm Dental Office Hair Salon Nail Salon Clothing Store Building Supply Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Decatur
    County
    Dekalb
    State
    Georgia
    Longitude
    -84.295908618731
    Latitude
    33.775057790735

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    FAQs

    What type of property is this?
    Office space - Prime Decatur Office Space Available
    Where is this office space located?
    The property is located at 119 Court Sq Decatur, GA.
    What is the lease rate?
    The lease rate is $36 SF/Yr.
    What are key features of this property?
    This property features: Historic building on Decatur Square.; 12-foot ceilings.; Building signage available.
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    Realmo Value Estimation

    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.

    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.

    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
    119 Court Sq Decatur, GA 30030
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