Buckhead Office Building For
3021 Piedmont Rd NE Atlanta, GA 30305
3021 Piedmont Rd NE, Atlanta, GA, 30305
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For Sale
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Four-story office building in prime Buckhead location with versatile zoning.
Property Size5,000 SF
Price / SF$260
Days on Market670
Property Features for 3021 Piedmont Rd NE
General Information
- Standard status
- Active
- Size
- 5,000 SF
- Property subtype
- Office
Listing agency
KW Commercial First Atlanta
(404) 255-6810
Listed by
Steve Massell · License #GA
Source
Crexi
Added: Sep 20, 2024 Updated: Jul 10 at 3:44PM Checked: Jul 21 at 4:02AM
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 KW Commercial First Atlanta
Investment Insights
Based on property information with market context.
Located in central Buckhead at the intersection of Pharr Road and Piedmont Road, this four-story office building is situated in an established office park with ample parking. The property offers approximately 5,000 square feet of townhome-style space. Currently, the building has a 25% occupancy rate with annual increases, with each floor occupied by a different tenant. This property is ideal for an owner/operator or investor. The zoning of the 4th floor allows for office, live-work, or apartment use. Each level has rear entrances, and there is a shared front door with an interior stairwell. The location provides easy access to GA 400 and I-75/85, as well as the Buckhead epicenter. Security is provided on each floor and exterior.
Key Highlights
- Prime Central Buckhead location at Pharr Rd and Piedmont Rd intersection.
- Versatile 4th‑floor zoning allows for office, live‑work, or apartment use.
- Ideal for owner/operator or investor.
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 | $119.4k | $23.87 |
| − Vacancy | −$30.1k | −$6.02 |
| EGI | $89.3k | $17.85 |
| − OpEx | −$22.3k | −$4.46 |
| NOI | $67.0k | $13.39 |
5,000 SF · lease $23.87/SF/yr · vacancy 25.20% · expense 25.00%
Alternative Uses
Best Use
Office B
$956.5K
$836.9K – $1.12M
NOI $66,955 @ 7.0% cap · market cap 5.15%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.40M
$1.22M – $1.63M
NOI $97,838 @ 7.0% cap · market cap 7.53%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Senior Solutions Home ...
Employment Agency
O'Réal Aesthetics MedSpa
Spa & Massage Center
Senior Solutions Transportation
Handicapped Transportation Service
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FAQs
What type of property is this?
Office building - Four-story office building in prime Buckhead location with versatile zoning.
Where is this office building located?
The property is located at 3021 Piedmont Rd NE Atlanta, GA.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: Prime Central Buckhead location at Pharr Rd and Piedmont Rd intersection.; Versatile 4th‑floor zoning allows for office, live‑work, or apartment use.; Ideal for owner/operator or investor.
