Property profile

525 Forest Pkwy Forest Park, GA 30297

FOR SALE
Office buildings
Property ID
US22-1060893
2,601 SF 0.2 ac lot Built 1993
Entity Owned 9-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional two-story executive office building, located at 525 Forest Parkway in Forest Park, Georgia, offers a versatile workspace totaling 5,202 square feet. The property is zoned GB and features flexible suite options to accommodate various business needs. The first floor comprises a substantial 2,500 square foot space, ideal for larger teams or a flagship office. The second floor offers more adaptable options, with suites ranging from 1,200 to 2,500 square feet, perfect for smaller businesses or expanding companies. This prime location provides excellent accessibility, situated conveniently close to major transportation arteries, including Interstates 85 and 285. The property's strategic position offers easy commutes for employees and clients, with a short 7.8-mile drive to Hartsfield-Jackson Atlanta International Airport and a convenient 11.7-mile distance to Downtown Atlanta. This presents a unique opportunity to establish a thriving business in a highly accessible and desirable location within Clayton County, Georgia, zip code 30297. The building's size and layout offer significant potential for a variety of businesses seeking a well-located and functional office space. Inquire today to explore the possibilities.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING (MULTI-STORY)
Year built 1993
Total area 2,601 SF
Lot 0.2 ac (8,712 SF)
Zoning code C
APN 13-051B- A-014
UPID US22-1060893

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Car Dealership

Location

525 Forest Pkwy Forest Park, GA 30297
Forest Park metro Census 40308 ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$270k

Owner & transaction history

since 2016
3 recorded transactions
2016
$255,000
2015
$154,000
2009
$582,000

Zoning & alternative use

C · Forest Park, GA
Zoning description

The intent of the C district is to provide a land use category for a diversity of commercial uses that provide products and services on a regional level

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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