1009 Milstead NE Ave Conyers, GA 30012-4510
This exceptional investment opportunity presents a fully occupied, two-building executive office complex located at 1009 Milstead Avenue NE in Conyers, Georgia. The property, situated on a 0.65-acre lot, boasts a total of 9,028 square feet across six individual units, currently generating a net operating income (NOI) exceeding $112,800 annually. Built in 1989 and extensively renovated in 2023, this Class B property features a two-story design and is zoned O&I, allowing for a variety of uses. The complex comprises two separate buildings, conveniently located within walking distance of the courthouse and Old Town Conyers, offering excellent visibility and accessibility. Each of the six units is currently leased under a gross lease agreement, ensuring a consistent income stream for the owner. The property's 100% occupancy rate speaks to its strong tenant base and desirable location. This turnkey investment is perfect for those seeking a stable, high-return commercial real estate asset in a thriving Georgia market. The property's address is 1009 & 1115 Milstead Ave NE, Conyers, GA 30012. The asking price is $895,000. Showings are by appointment only. The property includes medical and general office spaces. The parcel number is C250010020.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
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
OI/PUD · Conyers, GAConyers. Always verify with local authorities before improvements.
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.