Office Condo in Office
For Sale
$250,000
242 Creekstone Ridge, Woodstock, GA 30188
COMMERCIAL - Woodstock, GA
Property Size1,140 SF
Lot Size0.03 Acres
Price / SF$219.30
Days on Market24
Property Features for 242 Creekstone Ridge
General Information
Property type
Commercial Sale
Property subtype
Office
Parking features
Parking Lot
Lot features
Business Park
Directions
From I-75, take I-575 North to Exit 7/GA-92. Turn right toward Roswell, left onto Woodpark Place, then left onto Creekstone Ridge. Suite 242 is in Building 4 on the right.
Standard status
Active
APN
15N12F 242
Size
1,140 SF
Lot size
0.03 Acres
Taxes and HOA fees
Tax Year
25
Tax Annual Amount
1936
Utilities
Utilities
Water Available
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Water source
Public
Building Details
Year built
1999
Building materials
Brick
Listing Agency:
Keller Williams Realty First Atlanta
(404) 531-5700
Listed By:
Charlie Gonzalez · License #361032
(404) 620-0325
Added: Jul 10
Changed: Jul 20
Last Checked: Aug 2 at 7:06AM
MLS# 10809404
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.
Well-appointed office condominium unit in Creekstone Office Park, sized at 1,140 square feet. The interior layout includes multiple private offices, a reception area, kitchenette, private restroom, and storage space, supporting a functional professional office configuration.
The property is located at 242 Creekstone Ridge in Woodstock, Georgia, with convenient access described to Downtown Woodstock, Highway 92, Interstate 575, and Interstate 75. The office condominium benefits from being situated within a professionally maintained office park.
An association provides exterior maintenance, landscaping, and utilities and services including water, sewer, and trash, along with exterior maintenance responsibilities aimed at keeping ownership low-maintenance.
The property is located at 242 Creekstone Ridge in Woodstock, Georgia, with convenient access described to Downtown Woodstock, Highway 92, Interstate 575, and Interstate 75. The office condominium benefits from being situated within a professionally maintained office park.
An association provides exterior maintenance, landscaping, and utilities and services including water, sewer, and trash, along with exterior maintenance responsibilities aimed at keeping ownership low-maintenance.
Key Highlights
- 1,140‑SF office condominium in Creekstone Office Park, built in 1999
- Brick construction with central heating and central air conditioning
- Efficient floor plan with multiple private offices, reception area, kitchenette, private restroom, and storage
Financial Insights For Office B
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 | $27.2k | $23.87 |
| − Vacancy | −$6.9k | −$6.02 |
| EGI | $20.4k | $17.85 |
| − OpEx | −$5.1k | −$4.46 |
| NOI | $15.3k | $13.39 |
1,140 SF · lease $23.87/SF/yr · vacancy 25.20% · expense 25.00%
Alternative Uses
Best Use
Office B
$218.1K
$190.8K – $254.4K
NOI $15,266 @ 7.0% cap · market cap 6.11%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$320.1K
$280.1K – $373.5K
NOI $22,408 @ 7.0% cap · market cap 8.96%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,310
Businesses Nearby
Explore this area
Business Placement
Demographics for 30188, GA
67,972
Population
26,759
Households
2.5
Avg Household Size
40
Median Age
47%
College-Educated
95%
High-School Grad
43.7 sq mi
ZIP Area
1,555
Density / Sq Mi
$105,395
Median Household Income
$55,281
Median Earnings
$1,736
Median Rent
$389,100
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - 1,140-square-foot office condominium features private offices, reception, kitchenette, private restroom, and storage.
Where is this office units located?
The property is located at 242 Creekstone Ridge Woodstock, 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: 1,140‑SF office condominium in Creekstone Office Park, built in 1999; Brick construction with central heating and central air conditioning; Efficient floor plan with multiple private offices, reception area, kitchenette, private restroom, and storage
