Multi-Building Flex and Industrial
1651 Williamson Road Griffin, GA 30224
For Sale
$699,900
COMMERCIAL - Griffin, GA
Property Size8,817 SF
Lot Size4.47 Acres
Price / SF$79.38
Days on Market521
Property Features for 1651 Williamson Road
General Information
- Property type
- Commercial Sale
- Property subtype
- Office
- Parking features
- Parking Lot
- Standard status
- Active
- APN
- 236 01029
- Size
- 8,817 SF
- Lot size
- 4.47 Acres
Taxes and HOA fees
- Tax Year
- 23
- Tax Annual Amount
- 7401
Utilities
- Utilities
- Cable Available
- Sewer type
- Septic Tank
- Heating system
- Electric (Heating)
- Cooling system
- Electric
- Water source
- Public
Building Details
- Year built
- 2009
- Building materials
- Aluminum Siding, Steel Siding, Wood Siding
Listing Agency:
Century 21 Crowe Realty
(770) 775-1800
Listed By:
Kasie Pier · License #382976
(678) 409-5673
Added: Feb 18, 2025
Changed: Jun 16
Last Checked: Jul 24 at 11:06AM
MLS# 10461540
Copyright © 2026 Georgia Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
The property consists of four buildings totaling 8,817 square feet. The mix includes a nearly 8,000 square foot structure, a converted office space, and a production facility, supporting a variety of operational needs on one site.
The site is located in Griffin, Georgia on Williamson Road, with access to Griffin and Highway 362 and Highway 19/41. The property borders Mystic Acres Event Venue and other commercial developments, placing it within a broader commercial area. Zoning is C-1B, which allows a range of uses.
This is a working business, so entry by appointment only is required and employees should not be approached or disturbed. With on-site fire hydrant infrastructure and an existing retention pond, the property is positioned to accommodate tenants or operators seeking both office and production space in a multi-building configuration under C-1B zoning.
The site is located in Griffin, Georgia on Williamson Road, with access to Griffin and Highway 362 and Highway 19/41. The property borders Mystic Acres Event Venue and other commercial developments, placing it within a broader commercial area. Zoning is C-1B, which allows a range of uses.
This is a working business, so entry by appointment only is required and employees should not be approached or disturbed. With on-site fire hydrant infrastructure and an existing retention pond, the property is positioned to accommodate tenants or operators seeking both office and production space in a multi-building configuration under C-1B zoning.
Key Highlights
- Prime commercial property in a rapidly growing area of Griffin.
- Featuring a nearly 8,000 sq. ft. structure, converted office space, and a production facility across four buildings.
- Strategic location with convenient access to Griffin, Highway 362, and Highway 19/41, bordering Mystic Acres Event Venue and other Commercial developments.
Financial Insights For Industrial
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $83.6k | $9.48 |
| − Vacancy | −$6.9k | −$0.78 |
| EGI | $76.7k | $8.70 |
| − OpEx | −$23.0k | −$2.61 |
| NOI | $53.7k | $6.09 |
8,817 SF · lease $9.48/SF/yr · vacancy 8.20% · expense 30.00%
Alternative Uses
Best Use
Office B
$1.69M
$1.48M – $1.97M
NOI $118,069 @ 7.0% cap · market cap 16.87%
Second Best
Industrial
$767.3K
$671.4K – $895.2K
NOI $53,712 @ 7.0% cap · market cap 7.67%
Theoretical Best
Office A
$2.48M
$2.17M – $2.89M
NOI $173,307 @ 7.0% cap · market cap 24.76%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Flex space
FAQs
What type of property is this?
Flex space - Four-building flex and industrial site with a converted office, production facility, fire hydrant, and retention pond.
Where is this flex space located?
The property is located at 1651 Williamson Road Griffin, GA.
What is the asking price?
The asking price for this property is $699,900.
What are key features of this property?
This property features: Prime commercial property in a rapidly growing area of Griffin.; Featuring a nearly **8,000 sq. ft. structure**, converted office space, and a production facility across four buildings.; Strategic location with convenient access to Griffin, Highway 362, and Highway 19/41, bordering Mystic Acres Event Venue and other Commercial developments.
