Corner Office
205 E Taylor Street, Griffin, GA 30223
For Sale
New
Contact for pricing
A three-year lease is in place for this downtown Griffin office property.
Property Size1,986 SF
Price / SF$1.25
Days on Market7
Property Features for 205 E Taylor Street
General Information
Standard status
Size
Class
Property subtype
Additional Details
Property Use
Amenities
1200 acres, Corner Lot
Composition
Public Sewer
Parcel Number: 017 45013
Carpet, Concrete
Central Air
Natural Gas, Central
Listing ID: 10885679, Standard Status: Active, MLS Status: New, On market as of 2026-11-05, 4 days on market
Parking Lot
Built in 1986, Construction Materials: Brick
County/Parish: Spalding
Resale
Cable Available, Sewer Available, Water Available, Water Source: Public
Building Details
Building Size
Year Built
Listing Agency:
Murray Company, Realtors
(770) 227-8661
Listed By:
Niles Murray · License GA #10924
(770) 468-2953
Source:
Blackstreaminternational
Added: Nov 5
Changed: Nov 10
Last Checked: Nov 10 at 2:19PM
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 Murray Company, Realtors
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 office unit contains 1200 Sq Ft and was built in 1986. A three-year lease is in place, with the property offered for sale.
At the corner of Taylor and Sixth streets in downtown Griffin, the property is one block from the courthouse.
At the corner of Taylor and Sixth streets in downtown Griffin, the property is one block from the courthouse.
Key Highlights
- 1200 Sq Ft office unit
- Three‑year lease in place
- Corner location at Taylor and Sixth streets
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$16,069
Suggested Prices Based on Cap Rates
Cap Rate 5%
$321,380
$321.4K
Cap Rate 7%
$229,557
$229.6K
Cap Rate 9%
$178,544
$178.5K
Market Conditions
NOI Build-Up for 1,200 SF
Gross rent
$28.6K $23.87/SF
− Vacancy
−$7.2K −$6.02/SF
EGI
$21.4K $17.85/SF
− OpEx
−$5.4K −$4.46/SF
NOI
$16.1K $13.39/SF
Area
Spalding 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%
$321,380
Cap Rate 7%
$229,557
Cap Rate 9%
$178,544
Alternative Uses
Best Use
Office B
$229.6K
$200.9K – $267.8K
NOI $16,069 @ 7.0% cap
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$335.4K
$293.5K – $391.4K
NOI $23,481 @ 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
1,495
Businesses Nearby
Explore this area
Business Placement
Demographics for 30223, GA
38,111
Population
15,647
Households
2.4
Avg Household Size
41
Median Age
15%
College-Educated
84%
High-School Grad
108.0 sq mi
ZIP Area
353
Density / Sq Mi
$56,940
Median Household Income
$34,305
Median Earnings
$1,025
Median Rent
$186,900
Median Home Value
Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - A three-year lease is in place for this downtown Griffin office property.
Where is this office unit located?
The property is located at 205 E Taylor Street Griffin, GA.
What are key features of this property?
This property features: 1200 Sq Ft office unit; Three‑year lease in place; Corner location at Taylor and Sixth streets
