4635 Flat Shoals Pkwy Decatur, GA 30034
This Decatur, GA investment opportunity presents two Class B office buildings totaling 10,000 square feet on a 10.95-acre lot. Built in 2009 and renovated in 2019, the property boasts 100% occupancy with eight tenants including a music studio, tax consultant, event planner, law firm, and other professional services. The property features 60 parking spaces and is strategically located on Flat Shoals Parkway between I-285 and Wesley Chapel Road, offering excellent visibility and accessibility. The current asking price is $2,300,000, representing a 7.25% cap rate and a pro-forma cap rate of 8.75%. The Net Operating Income (NOI) is currently $166,771, projected to increase to $201,234. Annual rent bumps of 3% are in place, ensuring consistent investment growth. The property is zoned PC-1 and benefits from strong demographics, with over 287,500 residents within a 5-mile radius and an average household income exceeding $93,000. This value-add opportunity offers significant potential for increased profitability. The property includes two two-story buildings.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.