Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Griffin Commercial Building for Lease Title is generated by Realmo AI

    426-428 WILSON Road, Griffin, GA 30224

    View on Map
    Claim this Listing
    For Lease
    $2,500/Mo $7 SF/Yr (calc)

    COMMERCIAL - Griffin, GA

    Type:Office
    Property size:
    4,200 SF
    Lot size:
    4,200.00 Acres
    Added:
    Mar 11, 2026
    Days on Market:
    60
    Last Refresh:
    May 9 at 5:06 pm

    Property Features for 426-428 WILSON Road

    General Information

    Property type
    Commercial Lease
    Property subtype
    Office
    Parking features
    Parking Lot
    Standard status
    Active
    APN
    130 07005
    Size
    4,200 SF
    Lot size
    4,200.00 Acres

    Utilities

    Utilities
    Water Available
    Sewer type
    Public Sewer
    Heating system
    Natural Gas, Central
    Cooling system
    Central Air, Electric
    Water source
    Public

    Building Details

    Year built
    2000
    Floors in Building
    1
    Flooring type
    Concrete, Carpet
    Building materials
    Concrete

    We can help!

    Listing Contact
    Marshall C Woodall

    Listing agent Marshall C Woodall

    Listing office HR Heritage Realty, Inc. 717 W Solomon Street, Griffin, GA

    Listing date Mar 11, 2026

    MLS# 10716585

    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.

    HighLights

    • Versatile C‑2 zoning suitable for office, warehouse, or manufacturing
    • Includes essential utilities: sewer, water, gas, and electricity
    • Features two truck doors for convenient loading and unloading
    • Fully heated and air conditioned for year‑round comfort
    • Handicap compliant design throughout the building
    • Functional layout with an entrance lobby, office, break area, and restrooms

    Overview

    The commercial building located at 426-428 Wilson Rd. in Griffin, GA, is available for lease. Zoned C-2, the property was previously used as a church and is suitable for office, warehouse, or manufacturing purposes. The building features all utilities, including sewer, water, gas, and electricity. It has a 12' eave height and a 6" reinforced concrete floor. The property includes two truck doors and is fully heated and air conditioned. It is also handicap compliant, featuring an entrance lobby, office space, a break area, a large open space, and separate men's and women's restrooms. The minimum lease term is one year. The building has a total area of 4200 square feet and is situated on a 4200-acre lot.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Big Box & Wholesale Store Auto Repair Shop Hotel & Motel Gym & Fitness Center Auto Parts Store Department Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Griffin
    County
    Spalding
    State
    Georgia
    Longitude
    -84.234278
    Latitude
    33.227488

    Nearby Similar for Lease

    • $1,300/Mo

      Downtown Griffin Retail/Office Space

      Retail/office space in Griffin's active downtown area.
      128 1/2 S Hill Street, Griffin, GA 30223
      View Details
    • $245 SF/Yr

      Downtown Griffin Commercial Suites Available

      Flexible commercial suites in downtown Griffin, suitable for various businesses.
      109 E Taylor Street, Griffin, GA 30223
      View Details
    • $1,500/Mo

      Freestanding Office Building in Griffin

      Convenient professional office building near Griffin Hospital, ready to occupy.
      434 S 8th Street, Griffin, GA 30224
      View Details
    • $2,500/Mo

      Griffin Office Space For Rent

      Office space available in Griffin, GA, January 1, 2026.
      124 W College Street, Griffin, GA 30224
      View Details
    • $2,500/Mo

      Medical Office Space For Rent

      Office space near Wellstar Spalding Regional Hospital, Griffin, GA.
      618-D S 8th. Street, Griffin, GA 30224
      View Details
    • $4,800/Mo

      Griffin Commercial Space For Lease

      Renovated commercial space suitable for various business and community uses.
      1570 Williamson Road, Griffin, GA 30224
      View Details
    • $1,500/Mo

      Downtown Griffin Commercial Space Available

      Conveniently located retail/office/restaurant space in downtown Griffin, GA.
      119 W Solomon Street, Griffin, GA 30223
      View Details
    • $3,700/Mo

      Downtown Griffin Upstairs Office Space

      Upstairs office space in downtown Griffin, near courthouse.
      127 E Solomon Street, Griffin, GA 30223
      View Details
    • $2,500/Mo

      Retail Space in Griffin, Georgia

      Retail space available for rent in Griffin, Georgia.
      426-428 WILSON RD., Griffin, GA 30224
      View Details
    • $2,150/Mo

      Medical Office Space Near Hospital

      1800 SF medical office space for lease near Wellstar.
      602 S 8th Street, Griffin, GA 30224
      View Details
    • $295 SF/Yr

      Office Suites For Lease

      Individual office suites available for lease in Griffin, Georgia.
      327 S 9th Street, Griffin, GA 30224
      View Details
    • Contact for pricing

      Class A Industrial Development

      Class A industrial development with direct access to I-75.
      Jackson Rd, Griffin, GA
      View Details

    FAQs

    What type of property is this?
    Flex space - Commercial building for lease with office and warehouse space.
    Where is this flex space located?
    The property is located at 426-428 WILSON Road Griffin, GA.
    What is the lease rate?
    The lease rate is $2,500 /Mo.
    What are key features of this property?
    This property features: Versatile C‑2 zoning suitable for office, warehouse, or manufacturing; Includes essential utilities: sewer, water, gas, and electricity; Features two truck doors for convenient loading and unloading
    (770) 468-0736
    We can help!
    Listing Contact
    Marshall C Woodall
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    426-428 WILSON Road, Griffin, GA 30224
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!