Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    High-Visibility Commercial Space in Conyers Title is generated by Realmo AI

    974 Milstead Avenue NE, Conyers, GA 30012

    View on Map
    Claim this Listing
    For Lease
    $3,200/Mo $24 SF/Yr (calc)

    COMMERCIAL - Conyers, GA

    Property size:
    1,578 SF
    Lot size:
    0.26 Acres
    Added:
    Oct 28, 2025
    Days on Market:
    199
    Last Refresh:
    May 14 at 8:06 am

    Property Features for 974 Milstead Avenue NE

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Parking features
    Parking Lot
    Standard status
    Active
    APN
    C150010004
    Size
    1,578 SF
    Lot size
    0.26 Acres

    Utilities

    Utilities
    Electricity Available
    Sewer type
    Public Sewer
    Heating system
    Central
    Cooling system
    Electric, Central Air
    Water source
    Public

    Building Details

    Year built
    1900
    Building materials
    Wood Siding

    We can help!

    Listing Contact
    Marleen C Ashford

    Listing agent Marleen C Ashford

    Listing office Carter's Galaxy Of Homes 1061 Pine Street NE, Conyers, GA

    Listing date Oct 28, 2025

    MLS# 10632739

    Copyright © 2026 Georgia Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • High‑visibility location on Milstead Avenue with high daily traffic counts.
    • Proximity to the dining, shopping, and government services of Olde Town Conyers.
    • Flexible layout with approximately 1578 sq. ft. of adaptable space.
    • Convenient parking with dedicated parking spaces in the rear.
    • Minutes from major local routes and convenient access to I‑20.
    • Suitable for a wide variety of commercial uses (subject to zoning confirmation).

    Overview

    This standalone building on Milstead Avenue in Conyers, GA, offers approximately 1578 square feet of adaptable space suitable for various commercial uses, subject to zoning confirmation. The property is located moments from Olde Town Conyers, providing convenient access to dining, shopping, and government services. The current layout includes a reception area, private offices, a breakroom, and a restroom. Dedicated parking spaces are available in the rear of the property for customer convenience. The location on Milstead Avenue ensures high daily traffic counts and excellent exposure, with convenient access to major local routes and I-20. The 0.26-acre lot provides excellent visibility, drawing customers and clients. The property is ideal for professional services such as law, accounting, or insurance, as well as a medical or wellness clinic, creative studio or design firm, boutique retail or e-commerce hub, or a real estate or mortgage office.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Edward Jones - Financial ... Financial Advisor Rich Arrington Real ... Real Estate Agency Carters Galaxy of Homes ... Real Estate Agency Nubi Locs by ... Hair Salon

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Conyers
    County
    Rockdale
    State
    Georgia
    Longitude
    -84.016966
    Latitude
    33.669078

    Nearby Similar for Lease

    • $3,150/Mo

      Conyers Commercial Suite For Rent

      Optical suite with exam rooms, offices, and convenient highway access.
      1455 Old McDonough Highway SE, Conyers, GA 30094
      View Details
    • $4,166/Mo

      New Retail Space with Drive-Through

      2,000 SF corner retail space with drive-through in Conyers.
      597 Sigman Road NE, Conyers, GA 30013
      View Details
    • $4,000/Mo

      Downtown Conyers Commercial Space

      Versatile 6,000 sq ft space in high-traffic downtown area.
      902 Center Street NE, Conyers, GA 30012
      View Details
    • Sponsored
      Contact for pricing

      Corner Market at Almand Creek

      1775 Parker Rd, Unit C, Conyers, GA 30094
      View Details
    • $22 SF/Yr

      Retail Space Near Sigman Road

      Retail space available near Sigman and Rockbridge Road intersection.
      1500 Sigman Rd NW, Conyers, GA
      View Details
    • $20 SF/Yr

      Available Office Space For Rent

      6,238 SF office space available in Conyers, Georgia.
      1981 Highway 138 Southeast, Conyers, GA, 30013
      View Details
    • Contact for pricing

      Conyers Office Space For Lease

      Office units for lease in Conyers, GA near I-20.
      833 Commerce Dr SW, Conyers, GA 30094
      View Details
    • Contact for pricing

      Medical Office Building in Conyers

      Two-story medical office building with move-in ready suites for lease.
      1415 Milstead Road, Conyers, GA 30012
      View Details
    • Contact for pricing

      Retail Center in Conyers Corridor

      Multi-tenant retail center with high traffic and quality construction.
      1550 Highway 138 SE, Conyers, GA 30013
      View Details
    • $1,100/Mo

      Retail Space on Highway 138

      Retail space available on Highway 138 in Conyers, Georgia.
      1728 Highway 138 SE 5, Conyers, GA 30013
      View Details
    • Contact for pricing

      Conyers Warehouse Space Available

      Multi-tenant warehouse in Conyers, GA with office space.
      Conyers, GA 30094
      View Details
    • Contact for pricing

      Industrial Property with Fenced Storage

      Industrial space featuring office, high ceilings, dock doors, and storage.
      Conyers, GA 30013
      View Details

    FAQs

    What type of property is this?
    Office units - Adaptable commercial space on Milstead Avenue near Olde Town Conyers.
    Where is this office units located?
    The property is located at 974 Milstead Avenue NE Conyers, GA.
    What is the lease rate?
    The lease rate is $3,200 /Mo.
    What are key features of this property?
    This property features: High‑visibility location on Milstead Avenue with high daily traffic counts.; Proximity to the dining, shopping, and government services of Olde Town Conyers.; Flexible layout with approximately 1578 sq. ft. of adaptable space.
    (770) 510-6318
    We can help!
    Listing Contact
    Marleen C Ashford
    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
    974 Milstead Avenue NE, Conyers, GA 30012
    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!