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Mixed-Use Property With Production Facility
For Sale
$620,000

1651 Williamson Road, Griffin, GA 30224

Commercial Sale, Griffin, GA

Property Size8,817 SF
Lot Size4.47 Acres
Price / SF$70.32
Days on Market614

Property Features for 1651 Williamson Road

General Information

Property type Commercial Sale
Property subtype Office
Parking features Parking Lot
Lot features Level
Directions To get from Griffin Municipal Court, located at 100 S. Hill St., Griffin, GA 30223, to 1651 Williamson Road, Griffin, GA 30224, head south on S. Hill St., turn right onto E. Taylor St., continue onto Williamson Rd., and proceed to your destination. The distance is approximately 3 miles.
Standard status Active
APN 236 01029
Size 8,817 SF
Lot size 4.47 Acres

Taxes and HOA fees

Tax Year 23
Tax Annual Amount 7401

Utilities

Utilities Cable Available
Sewer type Septic Tank
Heating system Electric (Heating)
Cooling system Electric
Water source Public

Building Details

Year built 2009
Building materials Aluminum Siding, Steel Siding, Wood Siding
Listing Agency: Century 21 Integra
Listed By: Kasie Pier
Added: Feb 18, 2025 Changed: Oct 17 Last Checked: Oct 25 at 3:06PM
MLS# 10842855

Copyright © 2026 Georgia Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Investment Insights

Based on property information with market context.

This mixed-use property includes three buildings totaling 8817 square feet on 4.47 acres. The improvements include a nearly 8,000 sq. ft. structure, a converted office area, and a production facility. Built in 2009, the property features aluminum, steel, and wood siding, electric heating and cooling, a parking lot, an on-site fire hydrant, and a retention pond.

Located at 1651 Williamson Road in Griffin, the property borders Mystic Acres Event Venue and other commercial developments. The site offers access to Highway 362 and Highway 19/41. C-1B zoning supports a variety of commercial uses, while public water, septic service, and cable availability are in place.

Key Highlights

  • 4.47‑acre mixed‑use commercial property in Griffin
  • Three buildings totaling 8817 square feet
  • Includes a nearly 8,000 sq. ft. structure, converted office space, and production facility

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$53,712
Cap Rate
8.66%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,074,240 $1.1M
Cap Rate 7%
$767,314 $767.3K
Cap Rate 9%
$596,800 $596.8K
Market Conditions
NOI Build-Up for 8,817 SF
Gross rent
$83.6K $9.48/SF
− Vacancy
−$6.9K −$0.78/SF
EGI
$76.7K $8.70/SF
− OpEx
−$23.0K −$2.61/SF
NOI
$53.7K $6.09/SF
Area
Spalding County, GA
Vacancy
8.20%
Lease Rate
$9.48 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,074,240
Cap Rate 7%
$767,314
Cap Rate 9%
$596,800

Alternative Uses

Best Use
Office B
$1.69M
$1.48M – $1.97M (±1% cap)
NOI $118,069 @ 7.0% cap · market cap 19.04%
Second Best
Mixed Use
$1.66M
$1.45M – $1.94M (±1% cap)
NOI $116,384 @ 7.0% cap · market cap 18.77%
Theoretical Best
Office A
$2.48M
$2.17M – $2.89M (±1% cap)
NOI $173,307 @ 7.0% cap · market cap 27.95%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Office buildings

Suggested Use

Top Pick Dental Office Real Estate Agency Restaurant Spa & Massage Center Storage Facility HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

164
Businesses Nearby

Demographics for 30224, GA

26,696
Population
11,457
Households
2.3
Avg Household Size
40
Median Age
22%
College-Educated
88%
High-School Grad
67.7 sq mi
ZIP Area
394
Density / Sq Mi
$70,134
Median Household Income
$39,667
Median Earnings
$1,105
Median Rent
$210,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - Three-building commercial property with office, production, parking, and C-1B zoning.
Where is this mixed-use property located?
The property is located at 1651 Williamson Road Griffin, GA.
What is the asking price?
The asking price for this property is $620,000.
What are key features of this property?
This property features: 4.47‑acre mixed‑use commercial property in Griffin; Three buildings totaling 8817 square feet; Includes a nearly 8,000 sq. ft. structure, converted office space, and production facility
More about this property
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