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Griffin, GA Retail Building

317 W Taylor Street Griffin, GA 30223

317 W Taylor Street, Griffin, GA, 30223
$470,000
For Sale
$470,000

SINGLE_FAMILY - Griffin, GA

Property Size2,516 SF
Lot Size0.27 Acres
Price / SF$186.80
Days on Market551

Property Features for 317 W Taylor Street

General Information

Property type
Residential
Property subtype
Retail
Zoning
C-3
Parking
10
Parking features
Parking Lot
Interior features
Restrooms
Standard status
Active
APN
015 41008
Size
2,516 SF
Lot size
0.27 Acres

Taxes and HOA fees

Tax Year
2024
Tax Annual Amount
8724

Utilities

Utilities
Cable Available
Heating system
Central
Cooling system
Central Air

Building Details

Year built
1985
Floors in Building
1
Flooring type
Laminate, Carpet
Building materials
Brick 3 Sides, Fiber Cement
Roof type
Asphalt
Listing Agency Point Honors and Associates, Realtors
3575 Koger Blvd Suite 250b, Duluth, GA
Listed by Ray Kim
Added: Jan 11, 2025 Checked: Jul 16 at 5:06 pm
MLS# 7507924

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.

Located in the heart of Spalding County, in the booming area of Griffin, Georgia, this building is ideal for passive investors. The property, built in 1985 and remodeled over the years, is 100% leased. It features frontage on busy W Taylor Street and includes ample parking on its 0.27-acre lot. Zoned CBD (Central Business District) by the City of Griffin, the property is currently occupied by Metro by T-Mobile in the front, with an additional tenant utilizing the offices and break areas. The property size is 2516 square feet. All utilities and public services are available on site.

Key Highlights

  • 100% Leased: Ideal for passive investors with immediate income.
  • Prime Location: Heart of Spalding County in booming Griffin, Georgia.
  • High‑Traffic Frontage: Located on busy W Taylor Street.

Local Financial Insights For Retail

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 $55.3k $21.96
− Vacancy −$4.7k −$1.87
EGI $50.6k $20.09
− OpEx −$15.2k −$6.03
NOI $35.4k $14.07
2,516 SF · lease $21.96/SF/yr · vacancy 8.50% · expense 30.00%

Alternative Uses

Best Use
Retail
$505.5K
$442.4K – $589.8K (±1% cap)
NOI $35,388 @ 7.0% cap · market cap 7.53%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$706.5K
$618.2K – $824.2K (±1% cap)
NOI $49,454 @ 7.0% cap · market cap 10.52%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Metro by T-Mobile Telecommunications Service Taco N Go Restaurant

Suggested Use

Big Box & Wholesale Store Kitchen & Bath Showroom Electrical Service HVAC Service Furniture & Home Goods Carpet & Flooring Store Plumbing Service Home Appliance Store Locksmith Bakery

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

FAQs

What type of property is this?
Retail space - Leased retail building in Griffin's booming area, great for investors.
Where is this retail space located?
The property is located at 317 W Taylor Street Griffin, GA.
What is the asking price?
The asking price for this property is $470,000.
What are key features of this property?
This property features: 100% Leased: Ideal for passive investors with immediate income.; Prime Location: Heart of Spalding County in booming Griffin, Georgia.; High‑Traffic Frontage: Located on busy W Taylor Street.
Contact an agent
More about this property
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