Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    117 Murray Plaza Chatsworth, GA 30705

    View on Map
    For Sale
    $159,995

    Commercial - CHATSWORTH, GA

    Property size:
    1,080 SF
    Lot size:
    0.08 Acres
    Added:
    Aug 13, 2025
    Days on Market:
    233
    Last Refresh:
    Apr 2 at 2:06 am

    Property Features for 117 Murray Plaza

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Zoning
    COMM DISTR
    Security features
    Smoke Detector(s)
    Interior features
    Smoke Detector(s), Water Heater-Electric
    Exterior features
    Storage Building
    Appliances
    None
    Standard status
    Active
    APN
    0048D 196
    Size
    1,080 SF
    Lot size
    0.08 Acres

    Taxes and HOA fees

    TaxYear
    2025
    TaxAnnualAmount
    350

    Utilities

    Utilities
    Electricity Available, Water Available
    Heating system
    Central, Electric (Heating)
    Cooling system
    Central Air, Electric

    Building Details

    Year built
    1967
    Floors in Building
    1
    Number of units
    1
    Flooring type
    Laminate
    Building materials
    Brick
    Roof type
    Other
    Architectural style
    Other
    Additional Structures
    Storage

    We can help!

    Listing Contact
    Mary Weaver
    Mary Weaver

    Listing agent Mary Weaver

    Listing office Coldwell Banker Kinard Realty - Dalton 704 S Thornton Avenue, Dalton, GA

    Listing date Aug 13, 2025

    MLS# 130725 Listing URL

    Copyright © 2026 Carpet Capital Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Chatsworth Commercial Investment Opportunity

    This commercial property in Chatsworth, Georgia, offers an ideal investment opportunity in a great location. Currently used as an office, the over 1000-square-foot space is also suitable for retail use. The one-story building features a great layout, multiple offices, a large open lobby area, and one bathroom. The property is located at 117 Murray Plaza in Chatsworth, GA 30705, within Murray County. The lot size is 0.08 acres. The zoning is COMM DISTR.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    National Shoe Repair (Bike/Boat/Book/etc) Store

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Chatsworth
    County
    Murray
    State
    Georgia
    Longitude
    -84.770132
    Latitude
    34.770827

    Nearby Similar for Sale

    • $425,000
      1,190 SF

      Chatsworth Commercial Opportunity

      Versatile commercial property in a growing Chatsworth location.
      806 3rd Avenue, Chatsworth, GA 30705
      View Details
    • $595,000
      1,851 SF

      Restaurant Opportunity in Chatsworth, GA

      Restaurant space for sale in a prime location.
      612 S 3rd Avenue, CHATSWORTH, GA 30705
      View Details
    • $600
      3,102 SF

      Renovated Office Complex For Sale

      Completely renovated office complex, ideal for multiple types of business.
      122 N 3rd Avenue, CHATSWORTH, GA 30705
      View Details
    • $220,000
      6,270 SF

      CHATSWORTH Mixed-Use Commercial Building

      High-visibility commercial property with flexible space in downtown CHATSWORTH.
      221 N 3rd Avenue, CHATSWORTH, GA 30705
      View Details
    • $1,200
      1,190 SF

      Versatile Commercial Property in Chatsworth

      High-visibility commercial property suitable for retail, office, or restaurant.
      806 N 3rd Avenue, CHATSWORTH, GA 30705
      View Details
    • $1,200
      1,190 SF

      Chatsworth Commercial Property For Lease

      Versatile commercial property in a growing area with high visibility.
      806 3rd Avenue, Chatsworth, GA 30705
      View Details
    • $1,600,000
      6,100 SF

      Turnkey Wedding Venue on 55 Acres

      Established wedding venue on 55 acres in Chatsworth, Georgia.
      2948 Holly Creek Cool Springs Road, Chatsworth, GA 30705
      View Details
    • $425,000
      1,190 SF

      Chatsworth Commercial Opportunity For Sale

      Versatile commercial property in a growing area with high visibility.
      806 N 3rd Avenue, CHATSWORTH, GA 30705
      View Details
    • $4,325

      CHATSWORTH Warehouse Space Available

      86,500 sq ft warehouse space for lease in CHATSWORTH.
      1140 Duvall Road, CHATSWORTH, GA 30705
      View Details
    • $3,800
      1,851 SF

      Restaurant Opportunity in Chatsworth, GA

      Restaurant space for sale in a high-traffic Chatsworth location.
      612 S 3rd Avenue, CHATSWORTH, GA 30705
      View Details
    • $372,500
      1,450 SF

      Renovated Commercial Buildings in Chatsworth

      Two renovated commercial buildings in downtown Chatsworth, Georgia.
      110//114 Market Street, CHATSWORTH, GA 30705
      View Details
    • $830,000
      2,912 SF

      Chatsworth Multifamily Investment Opportunity

      Income-producing portfolio with growth potential on 3.54 acres.
      164 Poteet Road, Chatsworth, GA 30705
      View Details

    FAQs

    What type of property is this?
    Office units - Versatile commercial space suitable for office or retail use.
    Where is this office units located?
    The property is located at 117 Murray Plaza Chatsworth, GA.
    What is the asking price?
    The asking price for this property is $159,995.
    What are key features of this property?
    This property features: Over 1000 square feet of space suitable for office or retail use.; Great location ideal for investment property.; Versatile layout with multiple offices and a large open lobby area.
    (706) 260-0344
    We can help!
    Listing Contact
    Mary Weaver
    Mary Weaver
    Real Estate License ID: 131933
    Learn More
    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.
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!