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    755 Mount Vernon Hwy Atlanta, GA 30328

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    Class A Medical Office Space, Atlanta

    Lot size:
    12,987 SF

    Property Features for 755 Mount Vernon Hwy

    General Information

    Property type
    Medical Office Space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    12,987 SF
    Class
    A

    Spaces For Lease

    at 755 Mount Vernon Hwy, Atlanta, GA 30328 Contact us

    We can help!

    Listing Contact
    Ryan Lewis
    Ryan Lewis

    Listing Agency: Keller Williams Realty a dba of WinWin Charlotte Partners, LLC Listing Agent: Ryan Lewis

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Mt. Vernon Medical Center offers exceptional medical office space for lease in a prime Atlanta location, just 1.5 miles from Pill Hill, near Northside Hospital Atlanta and Emory Saint Joseph's Hospital. This Class A building provides a thriving environment for medical practices, boasting active referral patterns among existing tenants. Multiple suites are available, ranging from a minimum of 938 square feet to a maximum contiguous space of 3,469 square feet, with a total of 9,779 square feet currently vacant. The building caters to both primary care and specialist practices, offering competitive lease rates and generous tenant improvement allowances to help customize your space. Ample parking is available, with a ratio of 4.4 spaces per 1,000 square feet, ensuring convenient access for patients and staff. Located in Fulton County, this is an unparalleled opportunity for medical professionals seeking a prestigious and well-connected location to establish or expand their practice. The building's design and amenities are tailored to meet the specific needs of medical professionals, creating a collaborative and efficient work environment. Inquire today to learn more about available suites and lease terms.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Pediatric Dental Specialists ... Dental Office Pediatric Dental Specialists ... Dental Office Mt Vernon OB-GYN, ... Physician Academia of Women's Health ... Physician Children’s Surgical Associates Hospital

    Suggested Use

    Restaurant Real Estate Agency Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Atlanta
    County
    Fulton
    State
    Georgia
    Longitude
    -84.3620092
    Latitude
    33.9281283

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    FAQs

    What type of property is this?
    Medical Office Space - Class A Medical Office Space, Atlanta
    Where is this medical office space located?
    The property is located at 755 Mount Vernon Hwy Atlanta, GA.
    What are key features of this property?
    This property features: Class A medical office building in Fulton County.; Multiple suites available, ranging from 938 to 3,469 contiguous square feet, with 9,779 square feet currently vacant.; Located 1.5 miles from major hospital campuses (Northside Hospital Atlanta and Emory Saint Joseph's Hospital).
    (302) 388-0193 Call to check price and availability
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    755 Mount Vernon Hwy Atlanta, GA 30328
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    Atlanta, GA 30328
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    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
    755 Mount Vernon Hwy Atlanta, GA 30328
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    Contact for Pricing
    Please call us for current price
    and status of this listing Ryan Lewis
    Ryan Lewis
    (302) 388-0193
    Learn more
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