Two-Story Office Building with Private
For Sale
$284,000
23 Lee Street, Jonesboro, GA 30236
COMMERCIAL - Jonesboro, GA
Property Size1,764 SF
Lot Size0.09 Acres
Price / SF$160
Days on Market188
Property Features for 23 Lee Street
General Information
Property type
Commercial Sale
Property subtype
Office
Parking
6
Parking features
Parking Lot
Lot features
Level
Directions
GPS Friendly and Just off Main Street in Downtown Jonesboro
Standard status
Active
APN
13241A B025
Size
1,764 SF
Lot size
0.09 Acres
Taxes and HOA fees
Tax Year
23
Tax Annual Amount
2472
Utilities
Utilities
Cable Available
Sewer type
Public Sewer
Heating system
Zoned, Forced Air, Central
Cooling system
Electric, Central Air, Zoned
Water source
Public
Building Details
Year built
1984
Flooring type
Laminate, Vinyl, Carpet
Building materials
Brick, Frame
Roof type
Composition
Listing Agency:
RE/MAX SOUTHERN · RE/MAX International
(770) 227-5555
Listed By:
Rhonda Ross · License #179111
(770) 616-6817
Added: Jan 29
Changed: Aug 4
Last Checked: Aug 5 at 3:06AM
MLS# 10817254
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.
Move-in ready, stand-alone all-brick two-story office building offering approximately 1,764 square feet of workspace designed around a dedicated reception area, multiple spacious offices, and built-in bookcases for storage. The layout also includes a formal conference room and 3.5 bathrooms, with flexibility to configure up to 5-7 private rooms. Two of the offices have private entrances, supporting a multi-tenant setup or specialized service use. Recent updates include new LVP flooring.
The property includes a dedicated paved parking lot for 6-8 vehicles and is offered in a mixed-use office district with Commercial zoning. Built in 1984, the building features forced air, zoned central heating and electric, zoned central air conditioning, with a composition roof.
Utilities include public water and public sewer, and cable is available. Convenient access is provided via Georgia Highway 54, State Routes 41 and 138, and I-75 and I-285. Hartsfield-Jackson Atlanta International Airport is approximately 5 miles away.
The property includes a dedicated paved parking lot for 6-8 vehicles and is offered in a mixed-use office district with Commercial zoning. Built in 1984, the building features forced air, zoned central heating and electric, zoned central air conditioning, with a composition roof.
Utilities include public water and public sewer, and cable is available. Convenient access is provided via Georgia Highway 54, State Routes 41 and 138, and I-75 and I-285. Hartsfield-Jackson Atlanta International Airport is approximately 5 miles away.
Key Highlights
- Approximately 1,764 SF two‑story office building designed with reception, offices, and a formal conference room
- Commercial zoning in a mixed‑use office district
- 3.5 bathrooms plus built‑in bookcases
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 | $42.1k | $23.87 |
| − Vacancy | −$10.6k | −$6.02 |
| EGI | $31.5k | $17.85 |
| − OpEx | −$7.9k | −$4.46 |
| NOI | $23.6k | $13.39 |
1,764 SF · lease $23.87/SF/yr · vacancy 25.20% · expense 25.00%
Alternative Uses
Best Use
Office B
$337.5K
$295.3K – $393.7K
NOI $23,622 @ 7.0% cap · market cap 8.32%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$493.1K
$431.5K – $575.3K
NOI $34,517 @ 7.0% cap · market cap 12.15%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
860
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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Office building - Commercial-zoned, move-in ready two-story office building with reception area, multiple offices, and two offices featuring private entrances.
Where is this office building located?
The property is located at 23 Lee Street Jonesboro, GA.
What is the asking price?
The asking price for this property is $284,000.
What are key features of this property?
This property features: Approximately 1,764 SF two‑story office building designed with reception, offices, and a formal conference room; Commercial zoning in a mixed‑use office district; 3.5 bathrooms plus built‑in bookcases
