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Two-Story Office Building Near Airport
For Sale
$750,000

Forest Park, GA 30297, Forest Park, GA 30297

5,000 SF office building close to major interstates and airport.

Property Size5,000 SF
Price / SF$150
Days on Market324

Property Features

General Information

Standard status Active
Size 5,000 SF
Class A
Property subtype Office

Building Details

Building Size 5,000 SF
Listed By: Bob Stephens · License #GA 264563
Source: Corfac
Added: Nov 25, 2025 Changed: Oct 11 Last Checked: Oct 14 at 9:46PM

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 Bob Stephens

Investment Insights

Based on property information with market context.

This is a 5,000 square foot two-story building located close to I-85 and I-285, and approximately 7.8 miles from Hartsfield-Jackson International Airport and 11.7 miles to Downtown Atlanta. Suites ranging from 1,200 to 5,000 square feet are available. The first floor offers 2,500 square feet, while the second floor provides options from 1,200 to 2,500 square feet.

Key Highlights

  • Close proximity to I‑85 and I‑285
  • Suites available from 1,200 - 5,000 SF
  • Located only 7.8 miles from Hartsfield‑Jackson International Airport

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$66,955
Cap Rate
8.93%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,339,100 $1.3M
Cap Rate 7%
$956,500 $956.5K
Cap Rate 9%
$743,944 $743.9K
Market Conditions
NOI Build-Up for 5,000 SF
Gross rent
$119.4K $23.87/SF
− Vacancy
−$30.1K −$6.02/SF
EGI
$89.3K $17.85/SF
− OpEx
−$22.3K −$4.46/SF
NOI
$67.0K $13.39/SF
Area
Clayton County, 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%
$1,339,100
Cap Rate 7%
$956,500
Cap Rate 9%
$743,944

Alternative Uses

Best Use
Office B
$956.5K
$836.9K – $1.12M (±1% cap)
NOI $66,955 @ 7.0% cap · market cap 8.93%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.40M
$1.22M – $1.63M (±1% cap)
NOI $97,838 @ 7.0% cap · market cap 13.05%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Office buildings

Location Intelligence

Trade Area within ½ mile

638
Businesses Nearby

Demographics for 30297, GA

29,669
Population
11,438
Households
2.6
Avg Household Size
33
Median Age
13%
College-Educated
75%
High-School Grad
11.0 sq mi
ZIP Area
2,697
Density / Sq Mi
$45,975
Median Household Income
$34,330
Median Earnings
$1,144
Median Rent
$121,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
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Frequently Asked Questions

What type of property is this?
Office building - 5,000 SF office building close to major interstates and airport.
Where is this office building located?
The property is located at Forest Park, GA.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: Close proximity to I‑85 and I‑285; Suites available from 1,200 - 5,000 SF; Located only 7.8 miles from Hartsfield‑Jackson International Airport
More about this property
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