Second-Floor Office
For Sale
Contact for pricing
10375 Ford Avenue, Richmond Hill, GA 31324
Corner suite with private offices, conference space, kitchenette, storage, and a guest restroom.
Property Size1,095 SF
Price / SF$283.11
Days on Market8
Property Features for 10375 Ford Avenue
General Information
Standard status
Active
Size
1,095 SF
Property subtype
Office
Zoning
Commercial
Site & Location
Highway Access
Yes
Road Access
Yes
Additional Details
Floor
2
Office Units
1
Building Details
Units
1
Listing Agency:
Keller Williams Realty Group
(912) 658-1390
Listed By:
Melanie Kramer · License #302719
Source:
Crexi
Added: Jul 29
Changed: Aug 4
Last Checked: Aug 4 at 7:34AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Realty Group
Investment Insights
Based on property information with market context.
Unit 2A is a 1,095-square-foot office condominium on the second floor, positioned at a corner for a more private workplace setting. The interior includes multiple private offices, a conference room, kitchenette, storage, and a guest restroom. An HVAC system was installed in approximately 2021, and the architectural shingle roof is approximately nine years old.
The property fronts Highway 144, also known as Ford Avenue, with approximately 23,700 vehicles passing daily. Its Richmond Hill setting places the office near established businesses, retail, restaurants, and expanding residential neighborhoods. The property is zoned Commercial and includes convenient access and ample parking for visitors and employees.
The property fronts Highway 144, also known as Ford Avenue, with approximately 23,700 vehicles passing daily. Its Richmond Hill setting places the office near established businesses, retail, restaurants, and expanding residential neighborhoods. The property is zoned Commercial and includes convenient access and ample parking for visitors and employees.
Key Highlights
- 1,095‑square‑foot office condominium in Unit 2A
- Second‑floor corner position with added privacy
- Multiple private offices, conference room, kitchenette, storage, and guest restroom
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 | $24.3k | $22.20 |
| − Vacancy | −$4.0k | −$3.66 |
| EGI | $20.3k | $18.54 |
| − OpEx | −$5.1k | −$4.63 |
| NOI | $15.2k | $13.90 |
1,095 SF · lease $22.20/SF/yr · vacancy 16.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$217.5K
$190.3K – $253.7K
NOI $15,224 @ 7.0% cap · market cap 4.91%
Second Best
Healthcare Medical
$198.8K
$173.9K – $231.9K
NOI $13,913 @ 7.0% cap · market cap 4.49%
Theoretical Best
Warehouse
$1.02M
$895.4K – $1.19M
NOI $71,634 @ 7.0% cap · market cap 23.11%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
1
Office units
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
274
Businesses Nearby
Explore this area
Business Placement
Demographics for 31324, GA
33,733
Population
12,748
Households
2.6
Avg Household Size
34
Median Age
42%
College-Educated
95%
High-School Grad
129.8 sq mi
ZIP Area
260
Density / Sq Mi
$110,767
Median Household Income
$56,635
Median Earnings
$1,764
Median Rent
$364,200
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 - Corner suite with private offices, conference space, kitchenette, storage, and a guest restroom.
Where is this office units located?
The property is located at 10375 Ford Avenue Richmond Hill, GA.
What is the asking price?
The asking price for this property is $310,000.
What are key features of this property?
This property features: 1,095‑square‑foot office condominium in Unit 2A; Second‑floor corner position with added privacy; Multiple private offices, conference room, kitchenette, storage, and guest restroom
