Commercial Acquisition Triage
Commercial Deal Checker & Underwriter
Quickly triage asking prices against current Net Operating Income (NOI), evaluate price per square foot against regional replacement costs, and check market cap rate spreads across North Georgia corridors.
Deal Parameters
Manual Entry or Slider$
$250kMax: $25,000,000
35,000 SF
SF
1k SFMax: 150,000 SF
92%
%
10%100%
$550,000
$
$25kMax: $3,000,000
$140,000 (25.5% Ratio)
$
$5kMax: $1,000,000
6.50%
%
3.0%12.0%
Going-In Cap Rate
6.1%vs 6.50% Market
Price per Square Foot$171 / SF
Net Operating Income$366,000
Expense Ratio27.7%
Break-Even Occupancy25.5%
Valuation at 6.50% Market Cap:$5,630,769(-$369,231)
Forsyth County Triage Benchmarks
- ✓Replacement Cost Safeguard: Average commercial construction costs in North Georgia range from $185 to $265/SF. Acquisitions below this band offer built-in equity margin.
- ✓Expense Ratio Health: Healthy NNN commercial properties typically operate with expense ratios between 20% and 35%.
Evaluating a Commercial Acquisition?
Submit your target parcel or underwriting model to our development team for confidential feedback.