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    3849 Oakview Dr SW Powder Springs, GA 30127
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    3849 Oakview Dr SW, Powder Springs, GA 30127

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    • Office buildings
    • 5,045 SF
    • 0.15 lot acres
    For Lease
    $1,200/Mo
    View Listing →
    Office Suite in Historic Downtown For Lease
    $1,200/Mo
    900 SF

    Office Suite in Historic Downtown

    Executive office suite available in Powder Springs, Georgia.

    3849 Oakview Drive SW, Powder Springs, GA 30127
    View Listing
    Property ID
    US22-0320011
    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
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Karl A. Whitlock, PsyD / Physician / Medical Clinic
    • Stewart Brokers / Real Estate Agency
    • Miona Naturals: Esthetics + Spa / Spa & Massage Center
    • 1 More Lash LLC / Hair Salon

    Property Details for 3849 Oakview Dr SW

    Year built
    1987
    Lot size
    0.15 lot acres
    Zone code
    CBD
    Property type
    Office buildings
    APN
    19087500700
    APU
    19087500700

    Description

    This exceptional 1,100-square-foot executive office suite is ideally situated in Powder Springs' vibrant Old Town Square, directly across from the amphitheater. The single-tenant space boasts a welcoming reception area, a primary office highlighted by an attractive bay window, and a spacious secondary office complete with ample storage. A convenient kitchenette, equipped with a sink and space for a small refrigerator, adds practicality. The suite also includes a private bathroom and a private exit door leading to the rear of the building. The property sits on a 0.15-acre lot and is zoned for office use. While the building itself doesn't have dedicated parking spaces, convenient street parking is available at the front of the building, managed by the City of Powder Springs. This ground-floor location offers excellent visibility and accessibility, making it an ideal space for a variety of professional businesses. The property's APN is 19087500700. This turnkey solution requires no additional building suites or parking spaces. The property is perfect for a single tenant seeking a well-appointed and conveniently located office space in a thriving community.

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $620,000
      Market price range: $555k - $1.23M
      AI Estimate
      $678,000
      Market price range: $501k - $1.20M

    • Alternative Use

      Use
      Estimation
      OFFICE BUILDING
      $825,000
      Current use
      APARTMENT HOUSE (5+ UNITS)
      $1,080,000
      Change: +31% Conversion: Easy
      RETAIL STORES
      $1,045,000
      Change: +27% Conversion: Moderate
      AUTO REPAIR, GARAGE
      $1,005,000
      Change: +22% Conversion: Difficult
      NEIGHBORHOOD: SHOPPING CENTER
      $990,000
      Change: +20% Conversion: Difficult

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

    Location Insight

    • Map
    • Local Demand
    City
    Powder Springs
    County
    Cobb
    State
    Georgia
    Longitude
    -84.6832
    Latitude
    33.8604
    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
    $6,007
    $46,888
    $152,352
    $199,240
    -
    $117,220
    $380,880
    $498,100

    Comparable in this City

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      $840,000
      17,863 SF

      3855 Powder Spgs Rd

      OFFICE BUILDING
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      View Details
    • Value Estimation
      $765,000
      7,157 SF

      3855 Oakview Dr

      OFFICE BUILDING
      3855 Oakview Dr, Powder Springs, GA 30127-2233
      View Details
    • Value Estimation by Request
      1.54 Acres

      3980 Austell Powder Spgs Rd

      OFFICE BUILDING
      3980 Austell Powder Spgs Rd, Powder Springs, GA 30127-2941
      View Details
    • Value Estimation by Request
      3,120 SF

      4025 Lindley Cir

      OFFICE BUILDING
      4025 Lindley Cir, Powder Springs, GA 30127-2711
      View Details
    • Value Estimation
      $580,000
      6,336 SF

      3845 Powder Spgs Rd

      OFFICE BUILDING
      3845 Powder Spgs Rd, Powder Springs, GA 30127-2752
      View Details
    • Value Estimation
      $880,000
      7,536 SF

      4171 Marietta St

      OFFICE BUILDING
      4171 Marietta St, Powder Springs, GA 30127-2696
      View Details

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      Office Suite in Historic Downtown

      Executive office suite available in Powder Springs, Georgia.
      3849 Oakview Dr SW, Powder Springs, GA 30127
      View Details
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    Powder Springs, GA 30127
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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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