Roswell Office Condo For
For Sale
$175,000
Ste-240-200 Market Pl, Roswell, GA
975 SF office condo in prime Roswell location.
Property Size975 SF
Price / SF$179.49
Days on Market210
Property Features for Ste-240-200 Market Pl
General Information
Standard status
Active
Size
975 SF
Taxes and HOA fees
Annual Taxes
$1,461
Listing Agency:
Coldwell Banker Commercial Metro Brokers
(404) 495-8915
Listed By:
Andrea Paulinelli · License #324417
(404) 495-8915
Source:
Exprealty
Added: Jan 26
Changed: Aug 23
Last Checked: Jul 31 at 1:55PM
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 Coldwell Banker Commercial Metro Brokers
Investment Insights
Based on property information with market context.
Located near the intersection of Grimes Bridge and Holcomb Bridge Road, this 975 SF second-floor office condo is situated in Roswell, offering proximity to GA-400 and downtown Roswell. The functional layout includes a reception area, three private offices, a restroom, and a flex room suitable for a small kitchen, break area, or storage. The property provides ample parking in a well-maintained professional complex. Shopping, dining, and entertainment options are nearby. This property is suitable for investors or owner-users looking to establish a business. The space is suited for small businesses or professional users. This office condo is a rare find in a highly desirable market.
Key Highlights
- Prime Roswell location with easy access to GA‑400 and downtown Roswell.
- Functional 975 SF second‑floor office condo, great for investors or owner‑users.
- Layout features a reception area, 3 private offices, restroom, and flex 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
$13,056
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
7.46%
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%
$261,120
$261.1K
Cap Rate 7%
$186,514
$186.5K
Cap Rate 9%
$145,067
$145.1K
Market Conditions
NOI Build-Up for 975 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
$23.3K $23.87/SF
− Vacancy
−$5.9K −$6.02/SF
EGI
$17.4K $17.85/SF
− OpEx
−$4.4K −$4.46/SF
NOI
$13.1K $13.39/SF
Area
Fulton 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 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%
$261,120
Cap Rate 7%
$186,514
Cap Rate 9%
$145,067
Alternative Uses
Best Use
Office B
$186.5K
$163.2K – $217.6K
NOI $13,056 @ 7.0% cap · market cap 7.46%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$272.5K
$238.5K – $318.0K
NOI $19,078 @ 7.0% cap · market cap 10.90%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
739
Businesses Nearby
Explore this area
Business Placement
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - 975 SF office condo in prime Roswell location.
Where is this office units located?
The property is located at Ste-240-200 Market Pl Roswell, GA.
What is the asking price?
The asking price for this property is $175,000.
What are key features of this property?
This property features: Prime Roswell location with easy access to GA‑400 and downtown Roswell.; Functional 975 SF second‑floor office condo, great for investors or owner‑users.; Layout features a reception area, 3 private offices, restroom, and flex room.
