Two-Office Coworking
118 North McDonough, Jonesboro, GA 30236
For Sale
New
Contact for pricing
Utilities and internet are included, with shared kitchen and conference room access.
Property Size2,020 SF
Days on Market4
Property Features for 118 North McDonough
General Information
Standard status
Size
Property subtype
Additional Details
Property Use
Amenities
shared kitchen
shared conference room
24/7 access
Internet
0.35 acres, City Lot
Public Sewer
Parcel Number: 2
Central Air
Central
Listing ID: 10887234, Standard Status: Active, MLS Status: New, On market as of 2026-11-08, 1 day on market
Parking Lot
Built in 2020, Construction Materials: Brick, Concrete
County/Parish: Clayton
Updated/Remodeled
Cable Available, Electricity Available, High Speed Internet, Natural Gas Available, Phone Available, Sewer Available, Underground Utilities, Water Available, Water Source: Public
Building Details
Building Size
Year Built
Listing Agency:
Turn Key CRE LLC
(470) 888-0678
Listed By:
Edmund Scott Miller · License GA #177341
(678) 480-8753
Source:
Blackstreaminternational
Added: Nov 8
Changed: Nov 10
Last Checked: Nov 10 at 2:36PM
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 Turn Key CRE LLC
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This coworking suite contains two private offices and its own dedicated bathrooms. The arrangement also provides shared use of a kitchen and conference room, with utilities and internet included. The building dates to 2020.
The suite is in historic downtown Jonesboro, with 24/7 access. Nearby destinations include the Tara Road Museum, Arts Clayton, Noveau Restaurant, and the Old Clayton County Courthouse.
The suite is in historic downtown Jonesboro, with 24/7 access. Nearby destinations include the Tara Road Museum, Arts Clayton, Noveau Restaurant, and the Old Clayton County Courthouse.
Key Highlights
- Two separate offices with dedicated bathrooms
- Utilities and internet included
- Shared kitchen and conference room access
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$27,050
Suggested Prices Based on Cap Rates
Cap Rate 5%
$541,000
$541.0K
Cap Rate 7%
$386,429
$386.4K
Cap Rate 9%
$300,556
$300.6K
Market Conditions
NOI Build-Up for 2,020 SF
Gross rent
$48.2K $23.87/SF
− Vacancy
−$12.2K −$6.02/SF
EGI
$36.1K $17.85/SF
− OpEx
−$9.0K −$4.46/SF
NOI
$27.0K $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 Rate 5%
$541,000
Cap Rate 7%
$386,429
Cap Rate 9%
$300,556
Alternative Uses
Best Use
Office B
$386.4K
$338.1K – $450.8K
NOI $27,050 @ 7.0% cap
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$564.7K
$494.1K – $658.8K
NOI $39,527 @ 7.0% cap
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
930
Businesses Nearby
Explore this area
Business Placement
Demographics for 30236, GA
50,446
Population
19,230
Households
2.6
Avg Household Size
36
Median Age
22%
College-Educated
84%
High-School Grad
32.4 sq mi
ZIP Area
1,557
Density / Sq Mi
$68,867
Median Household Income
$36,501
Median Earnings
$1,233
Median Rent
$219,700
Median Home Value
Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Coworking space - Utilities and internet are included, with shared kitchen and conference room access.
Where is this coworking space located?
The property is located at 118 North McDonough Jonesboro, GA.
What are key features of this property?
This property features: Two separate offices with dedicated bathrooms; Utilities and internet included; Shared kitchen and conference room access
