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    1979 Lakeside Pkwy Tucker, GA 30084
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    Property profile & analytics

    1979 Lakeside Pkwy, Tucker, GA 30084

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    • Office buildings
    • 219,333 SF
    • 6.76 lot acres
    For Lease
    $14 SF/Yr
    View Listing →
    Office Sublease with Amenities For Lease
    $14 SF/Yr
    22,879 SF

    Office Sublease with Amenities

    Office sublease available through 2026 with on-site amenities.

    1979 Lakeside Pkwy, Tucker, GA 30084
    View Listing
    Property ID
    US22-0995377
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    $7,485,000
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Soliant Health / Corporate Office
    • Oldcastle Infrastructure / Building Supply / Industrial Manufacturer
    • Hyatt & Stubblefield PC / Law Firm
    • Gregory A. Lewis, PTA / Medical Clinic
    • Blink Charging Station / Electric Vehicle Charging Station

    Property Details for 1979 Lakeside Pkwy

    Year built
    1990
    Lot size
    6.76 lot acres
    Zone code
    X
    Property type
    Office buildings
    APN
    18 188 01 044
    APU
    1818801044

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Nov 3, 2023 $8,356,261 Oglethorpe Power Corp Cre Lakeside LLC Warranty Deed —
    Aug 1, 2007 $59,000,000 Vif II Lakeside LLC Atl Lakeside LLC Grant Deed —
    Dec 6, 2004 $44,500,000 Atl Lakeside LLC Trizec Rlty INC Grant Deed —
    Jul 8, 2004 $7,173,100 Trizec Realty INC Trizechahn Regional Pooling LLC Warranty Deed · related —
    — — Cre Lakeside LLC — Deed Of Trust · related $34M · Bokf NA
    — — Cre Lakeside LLC — Deed Of Trust · related $34M · Bok Fin'l

    Description

    This exceptional sublease opportunity presents 22,879 square feet of traditional office space on the 4th floor of the Lakeside Center in Tucker, Georgia. Located at 1979 Lakeside Parkway, zip code 30084, this DeKalb County property offers immediate occupancy, approximately 30 days after sublease execution. The space is available as a sublease with a term extending through September 30, 2026. The full-service rate is $16.75 per square foot. Furniture is negotiable, providing flexibility for the incoming tenant. The Lakeside Center boasts a range of convenient amenities, including an on-site cafe, conference facilities, and a fitness center. Professional property management is also provided on-site, ensuring a seamless and efficient work environment. This is a multi-tenant building, offering a collaborative and dynamic atmosphere. The property's prime location in Tucker, Georgia offers easy access to major transportation routes and local amenities. This is an ideal opportunity for a business seeking a well-appointed, amenity-rich office space with a flexible lease term.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $5,535,000
      ML approach
      $7,690,000

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Tucker
    County
    Dekalb
    State
    Georgia
    Longitude
    -84.241
    Latitude
    33.8412
    CBSA code
    12060
    CBSA name
    ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $343,887
    $990,366
    $6,627,834
    $7,618,200
    -
    $2,475,915
    $16,569,585
    $19,045,500

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      4635 Royal Atlanta Dr

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      35,579 SF

      5100 Royal Atlanta Dr

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      View Details

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      2,584 SF

      Mountain Industrial Boulevard Office Building

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      View Details
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      Four-Story Office Building

      Four-story brick-and-frame office with multiple private offices, ADA bathrooms, and flexible conference and bullpen-style space.
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      Historic Tucker Corner Lot Building

      Updated 1935 building on visible corner lot.
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      $799,900
      7,700 SF

      Four-Story Office Building with Deck

      Four-story office building with multiple private offices, conference space, and outdoor deck access near major highways.
      4953 Presidents Way, Tucker, GA 30084
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    • $340,000
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      Mountain Industrial Boulevard Commercial Building

      Two-story brick building suitable for medical, office, or retail use.
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      View Details
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      Freestanding Office-Institutional Building

      Freestanding building on a 0.30-acre lot with ample onsite parking, zoned OI for office, medical, and wellness uses.
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      View Details

    Similar Nearby for Lease

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      119,070 SF

      Tucker Office Space Available

      Office building in Tucker, GA, offering 119,070 square feet.
      100 Crescent Center Pkwy, Tucker, GA 30084
      View Details
    • Contact for pricing

      Class A Office Campus

      Multi-building office campus with on-site property management.
      1975 Lakeside Pkwy, Tucker, GA 30084
      View Details
    • $23 SF/Yr
      22,222 SF

      Class A Office Building Space

      Twelve-story office building with renovated common areas and fitness center.
      100 Crescent Center Pkwy, Tucker, GA 30084
      View Details
    • Contact for pricing

      Tucker Office/Warehouse Space Available

      Multi-tenant office and warehouse building in Tucker, GA for rent.
      2137 Flintstone Dr, Tucker, GA 30084
      View Details
    • Contact for pricing

      Office Sublease with Amenities

      Office sublease available through 2026 with on-site amenities.
      1979 Lakeside Pkwy, Tucker, GA 30084
      View Details
    • $15 SF/Yr
      3,169 SF

      Office Space with Highway Access

      Office spaces for lease with ample parking and highway access.
      3776 Lavista Rd, Tucker, GA 30084
      View Details
    View Listing
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    Tucker, GA 30084
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    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.

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