All-Brick Office
For Sale
$250,000
240 Airport Road, Griffin, GA 30224
COMMERCIAL - Griffin, GA
Property Size1,176 SF
Lot Size0.65 Acres
Price / SF$212.59
Days on Market346
Property Features for 240 Airport Road
General Information
Property type
Commercial Sale
Property subtype
Office
Parking features
Parking Lot, Covered
Lot features
Level
Directions
From Griffin, South Hill St, right on Airport Rd, property on left.
Standard status
Active
APN
141 01003
Size
1,176 SF
Lot size
0.65 Acres
Taxes and HOA fees
Tax Year
2024
Tax Annual Amount
1994
Utilities
Utilities
Cable Available
Sewer type
Septic Tank
Heating system
Central
Cooling system
Electric, Central Air
Water source
Public
Amenities
lobby/reception area
full kitchen
full bath
storage shed
hardwood floors
Building Details
Year built
1956
Flooring type
Hardwood
Building materials
Brick
Roof type
Composition
Listing Agency:
HR Heritage Realty, Inc.
(770) 228-5657
Listed By:
Staci Donaldson · License #206424
(404) 787-6451
Added: Aug 25, 2025
Changed: Aug 4
Last Checked: Aug 5 at 1:06AM
MLS# 10591289
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.
All-brick office building on a 0.65-acre lot with a lobby/reception area, a full kitchen, a full bath, and four additional rooms for offices, salon suites, or treatment rooms. Interior finishes include hardwood floors, and the building has 4-sided brick with new vinyl windows. Recent upgrades include a new gutter/leaf guard system, new lighting, and a new roof, plus an HVAC system that is approximately 2 years old.
The property includes a covered carport and 6 parking spaces, including handicap-accessible parking, with a circular driveway and a handicap ramp entrance. Additional features include a large backyard and a storage shed.
Located in a high-traffic area with road visibility and easy access to Hwy 19/41, the site is close to the airport and downtown Griffin. Utilities include cable available, public water, and a septic tank, with central heating and central air cooling (electric).
The property includes a covered carport and 6 parking spaces, including handicap-accessible parking, with a circular driveway and a handicap ramp entrance. Additional features include a large backyard and a storage shed.
Located in a high-traffic area with road visibility and easy access to Hwy 19/41, the site is close to the airport and downtown Griffin. Utilities include cable available, public water, and a septic tank, with central heating and central air cooling (electric).
Key Highlights
- 0.65‑acre all‑brick office building with lobby/reception area, full kitchen, and full bath
- Four additional rooms for offices, salon suites, or treatment rooms
- Covered carport, 6 parking spaces including handicap‑accessible, plus circular driveway and ramp entrance
Financial Insights For Healthcare Medical
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 | $31.8k | $27.00 |
| − Vacancy | −$3.3k | −$2.84 |
| EGI | $28.4k | $24.17 |
| − OpEx | −$11.4k | −$9.67 |
| NOI | $17.1k | $14.50 |
1,176 SF · lease $27.00/SF/yr · vacancy 10.50% · expense 40.00%
Alternative Uses
Best Use
Healthcare Medical
$243.6K
$213.1K – $284.2K
NOI $17,051 @ 7.0% cap · market cap 6.82%
Second Best
Office B
$225.0K
$196.9K – $262.5K
NOI $15,748 @ 7.0% cap · market cap 6.30%
Theoretical Best
Office A
$330.2K
$288.9K – $385.3K
NOI $23,115 @ 7.0% cap · market cap 9.25%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
162
Businesses Nearby
Explore this area
Business Placement
Demographics for 30224, GA
26,696
Population
11,457
Households
2.3
Avg Household Size
40
Median Age
22%
College-Educated
88%
High-School Grad
67.7 sq mi
ZIP Area
394
Density / Sq Mi
$70,134
Median Household Income
$39,667
Median Earnings
$1,105
Median Rent
$210,200
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Office units - All-brick office building with lobby, full kitchen, full bath, and multiple rooms suitable for offices or treatment use.
Where is this office units located?
The property is located at 240 Airport Road Griffin, GA.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: 0.65‑acre all‑brick office building with lobby/reception area, full kitchen, and full bath; Four additional rooms for offices, salon suites, or treatment rooms; Covered carport, 6 parking spaces including handicap‑accessible, plus circular driveway and ramp entrance
