End-Unit Office Suite with
245 River Park N Drive Woodstock, GA 30188
For Sale
$440,000
SINGLE_FAMILY - Woodstock, GA
Property Size2,298 SF
Price / SF$191.47
Days on Market118
Property Features for 245 River Park N Drive
General Information
Property type
Residential
Property subtype
Office
Zoning
GC
Parking
6
Parking features
Parking Lot
Window features
Insulated Windows
Interior features
High Ceilings 10 or Greater, Reception Area, Recessed Lighting, Restrooms
Standard status
Active
APN
15N17C 306
Size
2,298 SF
Taxes and HOA fees
Tax Year
2024
Tax Annual Amount
4938
Utilities
Utilities
Water Available
Heating system
Central
Cooling system
Central Air
Building Details
Year built
2020
Floors in Building
1
Flooring type
Vinyl
Building materials
Brick, Brick 4 Sides
Listing Agency:
Chapman Hall Premier, REALTORS
(770) 454-7840
Listed By:
SONAL J HERRING
(404) 406-9077
Added: Apr 2
Changed: Jul 27
Last Checked: Jul 28 at 8:06AM
MLS# 7745646
Copyright © 2026 First Multiple Listing Service, Inc. 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.
This end-unit office suite combines two adjoining units, 245 and 247, into a single flexible layout. The space features high ceilings and a recently updated interior, including fresh paint and new flooring, with a neutral color palette designed for a professional work environment.
Located at 245 River Park N Drive in Woodstock, GA, the property sits just off I-575 near Exit 11 at Sixes Road. The GC zoning supports commercial use, and the HOA fee is listed as $325 per month per unit, providing access to community amenities including a full lap swimming pool, newly refurbished tennis courts, two basketball courts, and a recreation area and clubhouse. The HOA also includes exterior maintenance, landscaping, water, and garbage services.
Located at 245 River Park N Drive in Woodstock, GA, the property sits just off I-575 near Exit 11 at Sixes Road. The GC zoning supports commercial use, and the HOA fee is listed as $325 per month per unit, providing access to community amenities including a full lap swimming pool, newly refurbished tennis courts, two basketball courts, and a recreation area and clubhouse. The HOA also includes exterior maintenance, landscaping, water, and garbage services.
Key Highlights
- Prime location off I‑575 (Exit 11) in a desirable Woodstock commercial corridor, offering excellent accessibility and visibility.
- Combined end‑unit suite (245 & 247 River Park North Drive) provides a flexible and spacious layout suitable for various business types.
- Modern, move‑in ready condition with high ceilings, fresh paint, and new flooring.
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 | $54.9k | $23.87 |
| − Vacancy | −$13.8k | −$6.02 |
| EGI | $41.0k | $17.85 |
| − OpEx | −$10.3k | −$4.46 |
| NOI | $30.8k | $13.39 |
2,298 SF · lease $23.87/SF/yr · vacancy 25.20% · expense 25.00%
Alternative Uses
Best Use
Office B
$439.6K
$384.7K – $512.9K
NOI $30,773 @ 7.0% cap · market cap 6.99%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$645.3K
$564.6K – $752.8K
NOI $45,169 @ 7.0% cap · market cap 10.27%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Office units - End-unit suite combining two adjoining offices, with high ceilings and recently updated interior finishes.
Where is this office units located?
The property is located at 245 River Park N Drive Woodstock, GA.
What is the asking price?
The asking price for this property is $440,000.
What are key features of this property?
This property features: Prime location off I‑575 (Exit 11) in a desirable Woodstock commercial corridor, offering excellent accessibility and visibility.; Combined end‑unit suite (245 & 247 River Park North Drive) provides a flexible and spacious layout suitable for various business types.; Modern, move‑in ready condition with high ceilings, fresh paint, and new flooring.
