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Property profile & analytics
OFF-MARKET Estimated value $715,000
Office buildings

990 Iris SW Dr Conyers, GA 30094-6602

7,250 SF 1.07 ac lot Built 1983
Entity Owned 5-yr Hold Free & Clear
Property ID
US22-4503938
Property summary
AI-generated overview

This exceptional three-story Class C office building, situated on a 1.07-acre lot at 990 Iris Dr SW in Conyers, Georgia, presents a unique leasing opportunity. Built in 1983, the 10,000-square-foot building offers flexible space options, with a minimum leasable area of 1,050 square feet and a maximum contiguous space of 3,000 square feet. Currently, a significant 8,300 square feet is available for lease, ideal for businesses seeking executive office suites or professional office space. The building is configured as a single suite, providing a sense of exclusivity and control. Located in the I-20 East/Conyers submarket of Saint Louis County (GA), this property boasts convenient access to major transportation routes. Ample parking is provided with six spaces available. The property's address is 990 Iris Dr SW, Conyers, GA 30094. This is an excellent chance to secure high-quality office space in a desirable location. The building's multiple tenancy structure allows for adaptability to various business needs. Don't miss this opportunity to establish your business in this well-situated and versatile office building.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1983
Construction CONCRETE
Total area 7,250 SF
Lot 1.07 ac (46,609 SF)
Zoning code ID
APN C11-0-01-0006
UPID US22-4503938
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Tape-Pak Inc Industrial Manufacturer Production Facility
  • Fairway Independent Mortgage Loan Service Bank
  • Robert D. Golden, D.M.D. Dental Office
  • Seeds That Grow Inc Foster Care Service Social Service Agency
  • Dr. Rena Glass-Dixon Foster Care Service Social Service Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$520k
CAP Approach CAP
by Request
Comparable Approach Comparable
$939k
Blend (final) Blend
$715k
Owner & transaction history
Aywa LLC · 5 yrs held
Aywa LLC
since 2021
Last sale
$675,000
2 recorded transactions
2021
Price N/A
2021
$675,000
Zoning & alternative use
ID · Conyers, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores $1.2M +34.2%
Auto repair, garage $900,000 +4.4%
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