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    526 Frst Pkwy Forest Park, GA 30297-6140
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    Property profile & analytics

    526 Frst Pkwy, Forest Park, GA 30297-6140

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    • Office buildings
    • 10,560 SF
    • 1.25 lot acres
    Off-Market
    Property ID
    US22-1119254
    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
    $1,830,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Mecarvi Technologies / (Bike/Boat/Book/etc) Store / Corporate Office
    • Tekarva - A Web Development Company / Marketing & Advertising / (Bike/Boat/Book/etc) Store
    • U-Haul Neighborhood Dealer / Car Rental Facility
    • Mecarvi Financial / Financial Advisor
    • Jarbii / Factory / Textile Manufacturer

    Property Details for 526 Frst Pkwy

    Year built
    2001
    Lot size
    1.25 lot acres
    Zone code
    C
    Property type
    Office buildings
    APN
    13-051B- B-007
    APU
    13051BB007

    Description

    Parkway Village, located at 526-541 Forest Parkway in Forest Park, Georgia (zip code 30297), offers exceptional medical office space for lease. This three-story, Class B building, constructed in 1987, boasts a total of 15,661 square feet and features six individual suites. The property is situated in the North Clayton/Airport submarket of Clayton County and sits on a lot ranging from 0.34 to 1.25 acres. Multiple tenancy options are available, with spaces ranging from a minimum of 1,050 square feet to a maximum contiguous space of 2,107 square feet. Currently, 8,285 square feet of space is vacant, presenting a significant opportunity for expansion or new tenancy. Ample parking is provided, with a ratio of approximately 6.53 to 7.46 spaces per suite. The property is categorized as both Retail and Office, with a subtype of Medical Office and Strip Center. This prime location offers convenient access to key transportation routes and serves the growing medical needs of the community. Interested parties should inquire about available suite sizes and lease terms.


    Value Estimations

    based on Realmo’s proprietary methodology
    • CAP approach

      CAP Return
      Estimation
      6%
      $2,515,000
      6.5%
      $2,320,000
      7%
      $2,155,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,867,000
      Market price range: $1.02M - $2.72M
      AI Estimate
      $1,300,000
      Market price range: $551k - $1.69M
    • Alternative Use

      Use
      Estimation
      OFFICE BUILDING
      $1,745,000
      Current use
      AUTO REPAIR, GARAGE
      $2,735,000
      Change: +57% Conversion: Difficult
      COMMERCIAL (GENERAL)
      $1,890,000
      Change: +8% Conversion: Easy
      NEIGHBORHOOD: SHOPPING CENTER
      $1,490,000
      Change: -15% Conversion: Difficult

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


    Location Insight

    • Map
    • Local Demand
    City
    Forest Park
    County
    Clayton
    State
    Georgia
    Longitude
    -84.374
    Latitude
    33.6216
    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
    $15,554
    $58,800
    $399,120
    $457,920
    -
    $147,000
    $997,800
    $1,144,800
    More about this property
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