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Renovated Brick Live-Work Property

4413 Wrightsboro Road Grovetown, GA 30813

4413 Wrightsboro Road, Grovetown, GA, 30813
$245,000
For Sale
$245,000

Newly renovated brick live-work home with 3 bedrooms, 2 bathrooms, and C-2 zoning on an acre lot.

Property Size1,383 SF
Lot Size1.00 Acre
Price / SF$177.15
Days on Market718

Property Features for 4413 Wrightsboro Road

General Information

Standard status
Active
Size
1,383 SF
Lot size
1.00 Acre
Property subtype
Office

Building Details

Year Built
1967
Listing agency Defoor Realty
Listed by Jefferson DeFoor
Source Xome
Added: Aug 4, 2024 Updated: Jul 21 at 6:45PM Checked: Jul 22 at 3:38AM

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 Defoor Realty


Investment Insights

Based on property information with market context.

Newly renovated brick live-work property featuring a 3-bedroom, 2-bathroom home configured to support office space and/or operational facilities. The expansive acre lot offers room for equipment storage and parking, with space that may accommodate future expansions, subject to approval.

Located at 4413 Wrightsboro Road in Grovetown, Georgia, the property is about 1 mile from I-20, providing convenient access to major transportation routes for business logistics and client visits. The site is zoned C-2.

Offered for sale at $245,000.

Key Highlights

  • Newly renovated 1967 brick live‑work home with 3 bedrooms and 2 bathrooms
  • C‑2 zoning for live‑work or business use with office and/or operational facilities
  • Spacious 1‑acre lot with room for equipment storage and parking

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 $33.2k $24.00
− Vacancy −$5.0k −$3.60
EGI $28.2k $20.40
− OpEx −$7.1k −$5.10
NOI $21.2k $15.30
1,383 SF · lease $24.00/SF/yr · vacancy 15.00% · expense 25.00%

Alternative Uses

Best Use
Office B
$302.3K
$264.5K – $352.7K (±1% cap)
NOI $21,160 @ 7.0% cap · market cap 8.64%
Second Best
Mixed Use
$240.0K
$210.0K – $280.1K (±1% cap)
NOI $16,803 @ 7.0% cap · market cap 6.86%
Theoretical Best
Office A
$436.5K
$382.0K – $509.3K (±1% cap)
NOI $30,557 @ 7.0% cap · market cap 12.47%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Live-work space

Suggested Use

Parking Lot & Garage Furniture & Home Goods (Bike/Boat/Book/etc) Store Dental Office (Bike/Boat/Book/etc) Store Carpet & Flooring Store Skin Care Clinic (Bike/Boat/Book/etc) Store Gym & Fitness Center Home Appliance Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Live-work space - Newly renovated brick live-work home with 3 bedrooms, 2 bathrooms, and C-2 zoning on an acre lot.
Where is this live-work space located?
The property is located at 4413 Wrightsboro Road Grovetown, GA.
What is the asking price?
The asking price for this property is $245,000.
What are key features of this property?
This property features: Newly renovated 1967 brick live‑work home with 3 bedrooms and 2 bathrooms; C‑2 zoning for live‑work or business use with office and/or operational facilities; Spacious 1‑acre lot with room for equipment storage and parking
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