Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    3600 Highlands Pkwy Smyrna, GA 30082
    Back to Search
    Property profile & analytics

    3600 Highlands Pkwy, Smyrna, GA 30082

    View on Map
    • Office Spaces
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Office Spaces

    Property Details for 3600 Highlands Pkwy

    Property type
    Office Spaces
    Property subtype
    Medical Office Space

    Description

    This single-tenant office building at 3600 Highlands Parkway Unit 3692, Smyrna, offers a unique opportunity. The property consists of one building with five versatile interior spaces, totaling 0 square feet. The building is zoned C and features 10 parking spaces, providing ample convenience for clients and staff. Its strategic location, a mere quarter-mile from I-285, ensures excellent accessibility. The property benefits from its adjacency to a well-established OB/GYN practice that has thrived in the area for over two decades, creating significant foot traffic and enhancing the overall desirability of the location. The interior boasts high-quality design and finishes, creating a professional and welcoming atmosphere. The owner is flexible and willing to customize the suites to meet the specific needs of the tenant. This presents a rare opportunity to secure a prime office space in a highly sought-after location. This is an ideal space for medical professionals or any business seeking to elevate its presence. The building is ready for immediate occupancy.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Smyrna
    County
    Cobb
    State
    Georgia
    Longitude
    -84.5
    Latitude
    33.8284

    Comparable in this City

    • Value Estimation
      $1,205,000
      7,800 SF

      2700 Highlands SE Pkwy

      MEDICAL BUILDING
      2700 Highlands SE Pkwy, Smyrna, GA 30082-7250
      View Details
    • Value Estimation
      $2,805,000
      18,902 SF

      562 Concord SE Rd

      MEDICAL BUILDING
      562 Concord SE Rd, Smyrna, GA 30082-2608
      View Details
    • Value Estimation
      $1,935,000
      13,824 SF

      19 Concord SW Rd

      MEDICAL BUILDING
      19 Concord SW Rd, Smyrna, GA 30082
      View Details
    • Value Estimation
      $1,330,000
      7,510 SF

      4280 Ew Connector SE

      MEDICAL BUILDING
      4280 Ew Connector SE, Smyrna, GA 30082-4804
      View Details
    • Value Estimation
      $615,000
      5,000 SF

      500 Concord SE Rd

      MEDICAL BUILDING
      500 Concord SE Rd, Smyrna, GA 30082-2649
      View Details
    • Value Estimation
      $720,000
      5,920 SF

      Concord Rd

      MEDICAL BUILDING
      Concord Rd, Smyrna, GA 30082
      View Details

    Similar Nearby for Sale

    • $325,000
      0.24 Acres

      Smyrna Land Parcel For Sale

      Half-acre lot in Smyrna, suitable for upscale home construction.
      4398 King Valley Dr SE, Smyrna, GA 30082
      View Details
    • $128,999

      Land for Sale in Smyrna

      Land available in Cobb County, Georgia.
      1499 Cooper Lake Rd SE, Smyrna, GA 30082
      View Details
    • $99,000
      0.46 Acres

      Smyrna Land in Established Neighborhood

      Partially wooded lot near The Battery, Downtown Smyrna & Vinings.
      22 Geraldine Dr SE, Smyrna, GA 30082
      View Details
    • $99,000
      0.44 Acres

      Smyrna Land in Established Neighborhood

      Beautiful homesite lot in Smyrna, near The Battery and Downtown.
      18 Geraldine Dr SE, Smyrna, GA 30082
      View Details
    • New
      Contact for pricing
      1.00 Acre

      Land For Sale, Smyrna, GA

      One acre of commercial land available in Smyrna, Georgia.
      Main Rd, Smyrna, GA 30082
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Smyrna, GA Office/Medical Space

      Prime Smyrna, GA property ideal for office or medical use.
      573 Concord Rd SE, Smyrna, GA 30082
      View Details
    • Contact for pricing

      5600 United Dr SE, Smyrna, GA 30082

      Office Units
      5600 United Dr SE, Smyrna, GA 30082
      View Details
    • Contact for pricing

      Retail Space Available

      Retail space for lease or lease-to-own.
      395 Russell St SW, Smyrna, GA 30082
      View Details
    • Contact for pricing
      10,234 SF

      Smyrna Warehouse Space Available

      Warehouse space with office, dock doors, and sprinkler system.
      1800 Wilson Way SE, Smyrna, GA 30082
      View Details
    • Contact for pricing

      Smyrna Industrial Facility For Lease

      42,967 SF industrial facility in the heart of Atlanta.
      1850 South Cobb Industrial Blvd SE, Smyrna, GA 30082
      View Details
    • Contact for pricing
      1,400 SF

      Retail Space on United Drive

      End-cap retail suite with road frontage and signage opportunity.
      5350 United Dr, Smyrna, GA 30082
      View Details
    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.
    3600 Highlands Pkwy
    Smyrna, GA 30082
    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
    3600 Highlands Pkwy, Smyrna, GA, 30082
    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!