Open-Layout Office
For Sale
$230,000
6750 Maddox Road, Morrow, GA 30260
Commercial Sale, Morrow, GA
Property Size1,550 SF
Lot Size0.34 Acres
Price / SF$148.39
Days on Market141
Property Features for 6750 Maddox Road
General Information
Property type
Commercial Sale
Property subtype
Other
Parking
12
Parking features
Parking Lot
Security features
Security
Fencing
Fenced
Lot features
Near Public Transit
Directions
friendly use for GPS
Standard status
Active
APN
12108C A001
Size
1,550 SF
Lot size
0.34 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
3249
Utilities
Utilities
Electricity Available
Sewer type
Public Sewer
Water source
Public
Building Details
Year built
1972
Flooring type
Concrete
Building materials
Brick, Vinyl Siding
Listing Agency:
Keller Williams Realty Atl. Partners
(770) 692-0888
Listed By:
Pilar Brito · License #383641
(470) 418-9290
Added: May 9
Changed: Aug 19
Last Checked: Sep 26 at 10:06PM
MLS# 10761221
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.
This commercial office unit provides 1,550 square feet within a 0.34-acre property in Morrow, Georgia. The interior has an open structural arrangement with concrete flooring, offering a flexible starting point for future design and build-out. Exterior construction includes brick and vinyl siding, while the site includes a parking lot and fencing.
Built in 1972, the property has electricity available, public water, and public sewer. It is offered as commercial property, and intended business uses should be independently verified with the city and local authorities before proceeding.
Built in 1972, the property has electricity available, public water, and public sewer. It is offered as commercial property, and intended business uses should be independently verified with the city and local authorities before proceeding.
Key Highlights
- 1,550‑square‑foot commercial office unit
- 0.34‑acre property in Morrow, GA
- Open structural interior with concrete flooring
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$20,756
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
9.02%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$415,120
$415.1K
Cap Rate 7%
$296,514
$296.5K
Cap Rate 9%
$230,622
$230.6K
Market Conditions
NOI Build-Up for 1,550 SF
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.
Gross rent
$37.0K $23.87/SF
− Vacancy
−$9.3K −$6.02/SF
EGI
$27.7K $17.85/SF
− OpEx
−$6.9K −$4.46/SF
NOI
$20.8K $13.39/SF
Area
Clayton County, GA
Vacancy
25.20%
Lease Rate
$23.87 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$415,120
Cap Rate 7%
$296,514
Cap Rate 9%
$230,622
Alternative Uses
Best Use
Retail
$311.4K
$272.5K – $363.4K
NOI $21,801 @ 7.0% cap · market cap 9.48%
Second Best
Office B
$296.5K
$259.5K – $345.9K
NOI $20,756 @ 7.0% cap · market cap 9.02%
Theoretical Best
Office A
$433.3K
$379.1K – $505.5K
NOI $30,330 @ 7.0% cap · market cap 13.19%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
205
Businesses Nearby
Explore this area
Business Placement
Demographics for 30260, GA
27,864
Population
9,858
Households
2.8
Avg Household Size
34
Median Age
17%
College-Educated
78%
High-School Grad
10.9 sq mi
ZIP Area
2,556
Density / Sq Mi
$55,212
Median Household Income
$34,692
Median Earnings
$1,391
Median Rent
$189,800
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
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Frequently Asked Questions
What type of property is this?
Office units - Commercial office unit with a flexible interior, dedicated parking lot, fencing, and public utilities.
Where is this office units located?
The property is located at 6750 Maddox Road Morrow, GA.
What is the asking price?
The asking price for this property is $230,000.
What are key features of this property?
This property features: 1,550‑square‑foot commercial office unit; 0.34‑acre property in Morrow, GA; Open structural interior with concrete flooring
