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Flex Space With Multiple Buildings
For Sale
$699,900

1651 Williamson Road, Griffin, GA 30224

COMMERCIAL - Griffin, GA

Property Size8,817 SF
Lot Size4.47 Acres
Price / SF$79.38
Days on Market533

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 Crowe Realty
Listed By: Kasie Pier · License #382976
Added: Feb 18, 2025 Changed: Aug 4 Last Checked: Aug 5 at 7:06PM
MLS# 10461540

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.

Investment Insights

Based on property information with market context.

This 4.47-acre flex space property includes four buildings totaling 8,817 square feet. The improvements include a nearly 8,000-square-foot structure, a converted office area, and a production facility. Aluminum, steel, and wood siding are present, with electric heating and cooling. The property was built in 2009 and includes a parking lot.

Site infrastructure includes an on-site fire hydrant, retention pond, public water, septic service, and cable availability. C-1B zoning supports a variety of uses. The property borders Mystic Acres Event Venue and other commercial developments, with access to Griffin, Highway 362, and Highway 19/41.

Key Highlights

  • 4.47‑acre site with four buildings totaling 8,817 square feet
  • Nearly 8,000‑square‑foot building plus converted office and production facilities
  • C‑1B zoning provides for a variety of uses

Financial Insights For Industrial

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 $83.6k $9.48
− Vacancy −$6.9k −$0.78
EGI $76.7k $8.70
− OpEx −$23.0k −$2.61
NOI $53.7k $6.09
8,817 SF · lease $9.48/SF/yr · vacancy 8.20% · expense 30.00%

Alternative Uses

Best Use
Office B
$1.69M
$1.48M – $1.97M (±1% cap)
NOI $118,069 @ 7.0% cap · market cap 16.87%
Second Best
Industrial
$767.3K
$671.4K – $895.2K (±1% cap)
NOI $53,712 @ 7.0% cap · market cap 7.67%
Theoretical Best
Office A
$2.48M
$2.17M – $2.89M (±1% cap)
NOI $173,307 @ 7.0% cap · market cap 24.76%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Dental Office Restaurant Spa & Massage Center HVAC Service Gym & Fitness Center Plumbing 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
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

100
Businesses Nearby
Balanced
Demand for This Use

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

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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Flex space - Four-building commercial property with office and production improvements, C-1B zoning, and established site infrastructure.
Where is this flex space located?
The property is located at 1651 Williamson Road Griffin, GA.
What is the asking price?
The asking price for this property is $699,900.
What are key features of this property?
This property features: 4.47‑acre site with four buildings totaling 8,817 square feet; Nearly 8,000‑square‑foot building plus converted office and production facilities; C‑1B zoning provides for a variety of uses
More about this property
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