Richmond Hill Office Condo For
10375 Ford Ave Richmond Hill, GA 31324
10375 Ford Ave, Richmond Hill, GA, 31324
$305,000
Pending
For Sale
$305,000
Pending
Turnkey office condo in Richmond Hill's growing area.
Property Size1,072 SF
Days on Market104
Property Features for 10375 Ford Ave
General Information
- Standard status
- Pending
- Size
- 1,072 SF
Listing agency
Keller Williams Coastal Area P
(912) 433-1072
Listed by
Brandon Fargo · License #416596
(912) 433-1072
Source
Exprealty
Added: Apr 9 Updated: Jul 10 at 1:41PM Checked: Jul 19 at 6:00AM
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 Coastal Area P
Investment Insights
Based on property information with market context.
This 1,072 SF office condo is located on Ford Avenue, which has a high traffic volume of 23,700 vehicles per day. The property offers visibility, convenient access, and proximity to retail, office spaces, and residential developments. The space features a functional layout that includes three private offices, an open workspace, a break room with a kitchen, and one restroom. The unit is in excellent condition with wood flooring. A new HVAC system is scheduled for installation in 2025. The roof is approximately 9 years old. As an upstairs corner unit, the property benefits from abundant natural light and a professional, private setting. The property is suitable for a variety of office users. Approximately 10,000 new homes are projected for the area over the next decade. The sale includes all furniture, excluding artwork and personal belongings. It is located in one of Richmond Hill's fastest-growing areas and presents an opportunity for an owner-user or investor.
Key Highlights
- Turnkey office condo in a rapidly growing area of Richmond Hill.
- High‑traffic location on Ford Avenue with excellent visibility (23,700 VPD).
- Functional layout with three private offices, open workspace, break room with kitchen, and one restroom.
Local 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 local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Ladson Law Firm ...
Law Firm
Hillen Karla J
Family Counselor
Ingram-Jones and Associates
Consultant
Study Center LLC
Tutoring Service
Similar For Sale Nearby
FAQs
What type of property is this?
Office units - Turnkey office condo in Richmond Hill's growing area.
Where is this office units located?
The property is located at 10375 Ford Ave 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: Turnkey office condo in a rapidly growing area of Richmond Hill.; High‑traffic location on Ford Avenue with excellent visibility (23,700 VPD).; Functional layout with three private offices, open workspace, break room with kitchen, and one restroom.
