Office Unit with Private
For Sale
$300,000
C-1870 Independence Sq, Atlanta, GA 30338
An office condominium features built-in cabinetry, luxury vinyl plank flooring, neutral paint and on-site parking.
Property Size1,000 SF
Price / SF$300
Days on Market15
Property Features for C-1870 Independence Sq
General Information
Standard status
Active
Size
1,000 SF
Additional Details
Highway Access
Yes
Property Use
Office
Taxes and HOA fees
Annual Taxes
$2,474
Listing Agency:
Watch Realty Co
(404) 630-2616
Listed By:
Tiffany Feliciano
(404) 649-7496
Source:
Exprealty
Added: Oct 11
Changed: Oct 25
Last Checked: Oct 25 at 2:50AM
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 Watch Realty Co
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This office condominium in Independence Square offers approximately 1,000 square feet arranged with multiple private offices and a central hallway. Built-in cabinetry lines the hall, while luxury vinyl plank flooring and neutral paint finish the interior.
The property is near the intersection of Chamblee-Dunwoody, Peeler and Shallowford Roads, with access to I-285 and GA-400. On-site parking is available.
The property is near the intersection of Chamblee-Dunwoody, Peeler and Shallowford Roads, with access to I-285 and GA-400. On-site parking is available.
Key Highlights
- Approximately 1,000 square feet
- Multiple private offices connected by a central hallway
- Built‑in cabinetry, luxury vinyl plank flooring and neutral paint
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$13,391
Cap Rate
4.46%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$267,820
$267.8K
Cap Rate 7%
$191,300
$191.3K
Cap Rate 9%
$148,789
$148.8K
Market Conditions
NOI Build-Up for 1,000 SF
Gross rent
$23.9K $23.87/SF
− Vacancy
−$6.0K −$6.02/SF
EGI
$17.9K $17.85/SF
− OpEx
−$4.5K −$4.46/SF
NOI
$13.4K $13.39/SF
Area
Atlanta, GA
Vacancy
25.20%
Lease Rate
$23.87 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$267,820
Cap Rate 7%
$191,300
Cap Rate 9%
$148,789
Alternative Uses
Best Use
Office B
$191.3K
$167.4K – $223.2K
NOI $13,391 @ 7.0% cap · market cap 4.46%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$279.5K
$244.6K – $326.1K
NOI $19,568 @ 7.0% cap · market cap 6.52%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,318
Businesses Nearby
Explore this area
Business Placement
Demographics for 30338, GA
37,650
Population
17,591
Households
2.1
Avg Household Size
38
Median Age
76%
College-Educated
98%
High-School Grad
9.9 sq mi
ZIP Area
3,803
Density / Sq Mi
$122,931
Median Household Income
$83,788
Median Earnings
$1,812
Median Rent
$592,600
Median Home Value
Market
Vacancy Rate% for Office in Atlanta, GA
Frequently Asked Questions
What type of property is this?
Office unit - An office condominium features built-in cabinetry, luxury vinyl plank flooring, neutral paint and on-site parking.
Where is this office unit located?
The property is located at C-1870 Independence Sq Atlanta, GA.
What is the asking price?
The asking price for this property is $300,000.
What are key features of this property?
This property features: Approximately 1,000 square feet; Multiple private offices connected by a central hallway; Built‑in cabinetry, luxury vinyl plank flooring and neutral paint
