Office Condo with Private
242 Creekstone Ridge Woodstock, GA 30188
For Sale
$250,000
1,140-square-foot office condominium with multiple private offices, reception, kitchenette, private restroom, and storage.
Property Size1,140 SF
Price / SF$219.30
Days on Market18
Property Features for 242 Creekstone Ridge
General Information
- Standard status
- Active
- Size
- 1,140 SF
- Property subtype
- General Commercial
Building Details
- Year Built
- 1999
Listing Agency:
Keller Williams Realty First Atlanta
(404) 620-0325
Listed By:
Charlie Gonzalez · License #361032
(404) 620-0325
Source:
Xome
Added: Jul 7
Changed: Jul 24
Last Checked: Jul 24 at 4:46AM
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 Keller Williams Realty First Atlanta
Investment Insights
Based on property information with market context.
This well-appointed office condominium in Creekstone Office Park offers a practical, office-ready layout with multiple private offices, a welcoming reception area, a kitchenette, a private restroom, and storage space. The unit is part of a professionally maintained office park, supporting day-to-day curb appeal and exterior upkeep.
The property is positioned for convenient access to Downtown Woodstock and major transportation routes, including Highway 92, Interstate 575, and Interstate 75. Ample parking is available within the office park.
For ownership, the office park association provides exterior maintenance, landscaping, water, sewer, and trash service, helping to support a lower-maintenance ownership experience within an established business community.
The property is positioned for convenient access to Downtown Woodstock and major transportation routes, including Highway 92, Interstate 575, and Interstate 75. Ample parking is available within the office park.
For ownership, the office park association provides exterior maintenance, landscaping, water, sewer, and trash service, helping to support a lower-maintenance ownership experience within an established business community.
Key Highlights
- 1,140‑square‑foot office condominium in Creekstone Office Park in Woodstock, GA
- Efficient layout with multiple private offices, reception area, kitchenette, private restroom, and storage
- Central air conditioning
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 | $27.2k | $23.87 |
| − Vacancy | −$6.9k | −$6.02 |
| EGI | $20.4k | $17.85 |
| − OpEx | −$5.1k | −$4.46 |
| NOI | $15.3k | $13.39 |
1,140 SF · lease $23.87/SF/yr · vacancy 25.20% · expense 25.00%
Alternative Uses
Best Use
Office B
$218.1K
$190.8K – $254.4K
NOI $15,266 @ 7.0% cap · market cap 6.11%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$320.1K
$280.1K – $373.5K
NOI $22,408 @ 7.0% cap · market cap 8.96%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Office Units
FAQs
What type of property is this?
Office units - 1,140-square-foot office condominium with multiple private offices, reception, kitchenette, private restroom, and storage.
Where is this office units located?
The property is located at 242 Creekstone Ridge Woodstock, GA.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: 1,140‑square‑foot office condominium in Creekstone Office Park in Woodstock, GA; Efficient layout with multiple private offices, reception area, kitchenette, private restroom, and storage; Central air conditioning
