Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    955 Commercial NE St Conyers, GA 30012-4537
    Back to Search
    Property profile & analytics

    955 Commercial NE St, Conyers, GA 30012-4537

    View on Map
    • Office buildings
    • 12,600 SF
    • 0.79 lot acres
    Off-Market
    Last Sale Oct 4, 2024
    $755,405
    Property ID
    US22-1188461
    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
    $755,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Amazon Locker - Sou / Courier Service / Postal Service
    • Stillwater Trilogy MediSpa / Spa & Massage Center
    • Grace Law Offices of John. F. Geraghty Jr. / Law Firm
    • Law Office Nathaniel F / Law Firm

    Property Details for 955 Commercial NE St

    Year built
    1948
    Construction
    STEEL FRAME
    Lot size
    0.79 lot acres
    Zone code
    BGC
    Property type
    Office buildings
    APN
    C19-0-04-0001
    APU
    C190040001

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Oct 4, 2024 $755,405 Trident Realty Investments Reo LLC Skybeam Capital Partners LLC Warranty Deed —
    Jan 26, 2024 $800,000 Skybeam Capital Reit LLC M&t Real Estate Group II INC Warranty Deed —
    Jun 22, 2022 $1,037,500 M&t Real Estate Group II INC Mobile Capitalists LLC Warranty Deed $726k · Skybeam Capital Reit
    Mar 11, 2015 $430,000 Mobile Capitalists LLC Charterbank Grant Deed · related $366k · Suntrust Bk
    Apr 11, 2013 $671,000 Charterbank Brillante International LLC Trustees Deed —
    Dec 28, 2005 $600,000 Brillante Internatl LLC Still Lumber & Coal Co Grant Deed $750k · Omni Nat'l Bk

    Description

    This exceptional 10,291 square foot freestanding office building presents a compelling investment opportunity in the heart of Conyers, Georgia. Situated on a 0.79-acre lot in the desirable Olde Town Conyers historic district, this Class B property is zoned BGC, General Business District, offering considerable versatility. Currently vacant, the multi-tenant building boasts a welcoming reception area, two spacious conference rooms, numerous private offices, and a convenient kitchen/break area. The building's flexible layout is ideal for a variety of uses, including executive offices, flex space, and service businesses. The asking price is $1,050,000, translating to $102.03 per square foot. This prime location in Rockdale County, with its address at 955 Commercial Street, Conyers, GA 30012, offers excellent visibility and accessibility. The property's size and amenities make it an attractive prospect for businesses seeking a well-established presence in a thriving community. This is a rare opportunity to acquire a substantial commercial property in a highly sought-after area. The net rentable square footage is 10,291 square feet.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $755,000
      ML approach
      $755,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $949,000
      Market price range: $950k - $2.11M

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

    Location Insight

    • Map
    • Local Demand
    City
    Conyers
    County
    Rockdale
    State
    Georgia
    Longitude
    -84.0163
    Latitude
    33.6652
    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
    2023
    $11,128
    $71,560
    $133,720
    $205,280
    -
    $178,900
    $334,300
    $513,200

    Comparable in this City

    • Value Estimation by Request
      2,356 SF

      874 Main NW St

      OFFICE BUILDING
      874 Main NW St, Conyers, GA 30012-4491
      View Details
    • Value Estimation by Request
      304 SF

      1063 Grn Vly NW Dr

      OFFICE BUILDING
      1063 Grn Vly NW Dr, Conyers, GA 30012-4493
      View Details
    • Value Estimation
      $1,555,000
      7,589 SF

      1353 Farmer NW Rd

      OFFICE BUILDING
      1353 Farmer NW Rd, Conyers, GA 30012-3488
      View Details
    • Value Estimation
      $650,000
      4,821 SF

      1120 Grn SW St

      OFFICE BUILDING
      1120 Grn SW St, Conyers, GA 30012-5220
      View Details
    • Value Estimation by Request
      2,100 SF

      942 Grn SW St

      OFFICE BUILDING
      942 Grn SW St, Conyers, GA 30012-5369
      View Details
    • Value Estimation by Request
      1,672 SF

      1012 Grn SW St

      OFFICE BUILDING
      1012 Grn SW St, Conyers, GA 30012-5218
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Conyers Office Building Investment Opportunity

      All brick building with ample parking and tenant in place.
      1902 Old Covington Hwy SW, Conyers, GA 30012
      View Details
    • Contact for pricing
      5,850 SF

      Conyers Office Warehouse For Sale

      5,850 SF office warehouse with dock doors in Conyers.
      1040 Irwin Bridge Rd NW, Conyers, GA 30012
      View Details
    • Contact for pricing

      Conyers Office Property Available

      Office property located in Conyers, Georgia.
      1388 Wellbrook Cir NE, Conyers, GA 30012
      View Details
    • Contact for pricing

      Downtown Conyers Mixed-Use Opportunity

      Highly visible mixed-use property in a rapidly growing market.
      890 Green St Southwest, Conyers, GA 30012
      View Details
    • $499,000

      Conyers Medical Office Building For Sale

      Two-story medical office building near Piedmont Rockdale Hospital.
      1315 Milstead Rd, Conyers, GA 30012
      View Details
    • $259,900
      1,410 SF

      Updated Commercial Property in Conyers

      Charming, updated commercial property in Old Towne Conyers near I-20.
      1007 Peek St NW, Conyers, GA 30012
      View Details

    Similar Nearby for Lease

    • $4,000 /Mo
      6,000 SF

      Downtown Conyers Commercial Space

      Versatile 6,000 sq ft space in high-traffic downtown area.
      902 Center St NE, Conyers, GA 30012
      View Details
    • $25 SF/Yr
      17,056 SF

      Conyers Medical Office Space

      Prime Medical Office, High Traffic
      1380 Milstead Ave, Conyers, GA 30012
      View Details
    • $25 SF/Yr
      17,056 SF

      Conyers Medical Office Space

      17,056 sq ft Medical Office Suite
      1380 Milstead Ave, Conyers, GA 30012
      View Details
    • Contact for pricing
      12,586 SF

      Medical Office Building in Conyers

      Two-story medical office building with move-in ready suites for lease.
      1415 Milstead Rd, Conyers, GA 30012
      View Details
    • Contact for pricing

      Retail Space on Highway Corner

      Retail space available in Conyers, excellent visibility and access.
      1895 Ga Hwy, Conyers, GA 30012
      View Details
    • Contact for pricing

      Industrial Land for Ground Lease

      Approximately 3 acres of M1 zoned land available for lease.
      2221 Old Covington Hwy, Conyers, GA 30012
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    955 Commercial NE St
    Conyers, GA 30012-4537
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    955 Commercial NE St, Conyers, GA, 30012
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!