Office Condo in Office
242 Creekstone Ridge Woodstock, GA 30188
242 Creekstone Ridge, Woodstock, GA, 30188
$250,000
For Sale
$250,000
COMMERCIAL - Woodstock, GA
Property Size1,140 SF
Lot Size0.03 Acres
Price / SF$219.30
Days on Market13
Property Features for 242 Creekstone Ridge
General Information
- Property type
- Commercial Sale
- Property subtype
- Office
- Parking features
- Parking Lot
- Standard status
- Active
- APN
- 15N12F 242
- Size
- 1,140 SF
- Lot size
- 0.03 Acres
Taxes and HOA fees
- Tax Year
- 25
- Tax Annual Amount
- 1936
Utilities
- Utilities
- Water Available
- Sewer type
- Public Sewer
- Heating system
- Central
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1999
- Building materials
- Brick
Listing agency
Keller Williams Realty First Atlanta
(404) 531-5700
Listed by
Charlie Gonzalez · License #361032
(404) 620-0325
Added: Jul 10 Updated: Jul 20 at 10:57PM Checked: Jul 22 at 8:06AM
MLS# 10809404
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.
Well-appointed office condominium unit in Creekstone Office Park, sized at 1,140 square feet. The interior layout includes multiple private offices, a reception area, kitchenette, private restroom, and storage space, supporting a functional professional office configuration.
The property is located at 242 Creekstone Ridge in Woodstock, Georgia, with convenient access described to Downtown Woodstock, Highway 92, Interstate 575, and Interstate 75. The office condominium benefits from being situated within a professionally maintained office park.
An association provides exterior maintenance, landscaping, and utilities and services including water, sewer, and trash, along with exterior maintenance responsibilities aimed at keeping ownership low-maintenance.
The property is located at 242 Creekstone Ridge in Woodstock, Georgia, with convenient access described to Downtown Woodstock, Highway 92, Interstate 575, and Interstate 75. The office condominium benefits from being situated within a professionally maintained office park.
An association provides exterior maintenance, landscaping, and utilities and services including water, sewer, and trash, along with exterior maintenance responsibilities aimed at keeping ownership low-maintenance.
Key Highlights
- 1,140‑SF office condominium in Creekstone Office Park, built in 1999
- Brick construction with central heating and central air conditioning
- Efficient floor plan with multiple private offices, reception area, kitchenette, private restroom, and storage
Local 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
Property Profile
Location Intelligence
Current Use by Public Records
Office Units
Similar For Sale Nearby
FAQs
What type of property is this?
Office units - 1,140-square-foot office condominium features 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‑SF office condominium in Creekstone Office Park, built in 1999; Brick construction with central heating and central air conditioning; Efficient floor plan with multiple private offices, reception area, kitchenette, private restroom, and storage
