Turnkey Office Condo For
10375 Ford Avenue Richmond Hill, GA 31324
For Sale
$305,000
Pending
SINGLE_FAMILY - Richmond Hill, GA
Property Size1,072 SF
Lot Size0.30 Acres
Days on Market112
Property Features for 10375 Ford Avenue
General Information
Property type
Residential
Property subtype
Office
Zoning
CITY
Appliances
Electric Water Heater
Standard status
Pending
APN
0532-093-01E
Lot size
0.30 Acres
Taxes and HOA fees
Tax Year
2024
Tax Description
UNIT A-4 EXECUTIVE COURT NEW SPLIT FOR 2001
Tax Annual Amount
2855
Utilities
Sewer type
Public Sewer
Heating system
Electric (Heating), Central
Cooling system
Electric, Central Air
Water source
Public
Building Details
Year built
2000
Floors in Building
2
Building materials
Brick
Listing Agency:
Keller Williams Coastal Area P
(912) 356-5001
Listed By:
Brandon Fargo · License #416596
(912) 433-1072
Added: Apr 8
Changed: Jun 29
Last Checked: Jul 28 at 4:06AM
MLS# SA353174
Copyright © 2026 Hive MLS. 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 +/-1,072 SF office condo is located on high-traffic Ford Avenue with approximately 23,700 vehicles per day. The property offers excellent visibility, convenient access, and close proximity to surrounding retail, office spaces, and expanding residential development. The space features a functional layout with three private offices, an open workspace, a break room with a kitchen, and one restroom. The unit is in excellent condition with wood flooring throughout. A new HVAC system is scheduled for installation in 2025, and the roof is approximately 9 years old. As an upstairs corner unit, it provides abundant natural light and a professional, private setting suitable for a variety of office users. Approximately 10,000 new homes are projected in the area over the next decade. The sale includes all furniture but excludes artwork and personal belongings. The property is located in Richmond Hill, GA.
Key Highlights
- Approx. 1,072 SF office condo (Unit A4) at 10375 Ford Ave, built in 2000
- Upstairs corner unit with three private offices, open workspace, break room with kitchen, and one restroom
- New HVAC system installed in 2025; cooling includes central air
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 | $23.8k | $22.20 |
| − Vacancy | −$3.9k | −$3.66 |
| EGI | $19.9k | $18.54 |
| − OpEx | −$5.0k | −$4.63 |
| NOI | $14.9k | $13.90 |
1,072 SF · lease $22.20/SF/yr · vacancy 16.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$212.9K
$186.3K – $248.4K
NOI $14,904 @ 7.0% cap · market cap 4.89%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$1.00M
$876.6K – $1.17M
NOI $70,130 @ 7.0% cap · market cap 22.99%
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 - Office condo in high-growth area with excellent visibility.
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 $305,000.
What are key features of this property?
This property features: Approx. 1,072 SF office condo (Unit A4) at 10375 Ford Ave, built in 2000; Upstairs corner unit with three private offices, open workspace, break room with kitchen, and one restroom; New HVAC system installed in 2025; cooling includes central air
