Medical Office Condo with Exam
New
For Sale
$469,000
B-4905 Lavista Rd, Tucker, GA 30084
Configured with reception, treatment, laboratory, staff, and storage areas for an established or expanding healthcare practice.
Property Size1,550 SF
Price / SF$302.58
Days on Market5
Property Features for B-4905 Lavista Rd
General Information
Standard status
Active
Size
1,550 SF
Site & Location
Highway Access
Yes
Road Access
Yes
Taxes and HOA fees
Annual Taxes
$5,900
Listing Agency:
Realco Brokers, Inc.
Listed By:
IGOR ARKHIPOV · License #208057
(404) 786-0988
Source:
Exprealty
Added: Aug 29
Changed: Aug 31
Last Checked: Sep 1 at 11:14PM
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 Realco Brokers, Inc.
Investment Insights
Based on property information with market context.
This medical office condominium encompasses approximately 1, 550± square feet with a layout organized around patient intake, clinical care, and staff support. The suite includes a reception and waiting area, business office, five private examination rooms, a separate treatment room, laboratory/workroom, two restrooms, staff break room, and walk-in storage. Built-in cabinetry, solid-surface counters, commercial flooring, and existing plumbing and electrical improvements support medical-office operations. Medical equipment is not included, allowing the purchaser to configure the space for its intended specialty and licensing requirements.
The property is located on LaVista Road in Tucker, with access to I-285, Lawrenceville Highway, Northlake, Decatur, Emory, and the broader Atlanta metropolitan area. Nearby healthcare and service providers include physician practices, hospitals, specialty medical providers, pharmacies, banks, restaurants, and national retailers.
The property is located on LaVista Road in Tucker, with access to I-285, Lawrenceville Highway, Northlake, Decatur, Emory, and the broader Atlanta metropolitan area. Nearby healthcare and service providers include physician practices, hospitals, specialty medical providers, pharmacies, banks, restaurants, and national retailers.
Key Highlights
- Approximately 1, 550± square feet in a medical office condominium
- Five private examination rooms plus a dedicated specialty treatment room
- Reception and waiting area with a business office that can serve as a sixth examination room
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$22,473
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.79%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$449,460
$449.5K
Cap Rate 7%
$321,043
$321.0K
Cap Rate 9%
$249,700
$249.7K
Market Conditions
NOI Build-Up for 1,550 SF
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.
Gross rent
$41.9K $27.00/SF
− Vacancy
−$4.4K −$2.84/SF
EGI
$37.5K $24.17/SF
− OpEx
−$15.0K −$9.67/SF
NOI
$22.5K $14.50/SF
Area
DeKalb County, GA
Vacancy
10.50%
Lease Rate
$27.00 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$449,460
Cap Rate 7%
$321,043
Cap Rate 9%
$249,700
Alternative Uses
Best Use
Healthcare Medical
$321.0K
$280.9K – $374.6K
NOI $22,473 @ 7.0% cap · market cap 4.79%
Second Best
Office B
$296.5K
$259.5K – $345.9K
NOI $20,756 @ 7.0% cap · market cap 4.43%
Theoretical Best
Office A
$433.3K
$379.1K – $505.5K
NOI $30,330 @ 7.0% cap · market cap 6.47%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
885
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 30084, GA
41,654
Population
15,950
Households
2.6
Avg Household Size
38
Median Age
42%
College-Educated
87%
High-School Grad
14.9 sq mi
ZIP Area
2,796
Density / Sq Mi
$82,747
Median Household Income
$42,528
Median Earnings
$1,617
Median Rent
$332,000
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Banfield Pet Hospital — 4023 Lavista Rd Suite 233, Tucker, GA 30084
Frequently Asked Questions
What type of property is this?
Medical Office Space - Configured with reception, treatment, laboratory, staff, and storage areas for an established or expanding healthcare practice.
Where is this medical office space located?
The property is located at B-4905 Lavista Rd Tucker, GA.
What is the asking price?
The asking price for this property is $469,000.
What are key features of this property?
This property features: Approximately 1, 550± square feet in a medical office condominium; Five private examination rooms plus a dedicated specialty treatment room; Reception and waiting area with a business office that can serve as a sixth examination room
