245 River Park N Drive, Woodstock, GA 30188
SINGLE_FAMILY - Woodstock, GA
Property Features for 245 River Park N Drive
General Information
Taxes and HOA fees
Utilities
Building Details
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Investment Insights
Based on property information with market context.
Located at 245 River Park N Drive in Woodstock, GA, the property sits just off I-575 near Exit 11 at Sixes Road. The GC zoning supports commercial use, and the HOA fee is listed as $325 per month per unit, providing access to community amenities including a full lap swimming pool, newly refurbished tennis courts, two basketball courts, and a recreation area and clubhouse. The HOA also includes exterior maintenance, landscaping, water, and garbage services.
Key Highlights
- Prime location off I‑575 (Exit 11) in a desirable Woodstock commercial corridor, offering excellent accessibility and visibility.
- Combined end‑unit suite (245 & 247 River Park North Drive) provides a flexible and spacious layout suitable for various business types.
- Modern, move‑in ready condition with high ceilings, fresh paint, and new flooring.
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 | $54.9k | $23.87 |
| − Vacancy | −$13.8k | −$6.02 |
| EGI | $41.0k | $17.85 |
| − OpEx | −$10.3k | −$4.46 |
| NOI | $30.8k | $13.39 |
Alternative Uses
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
Demographics for 30188, GA
Market
Vacancy Rate% for Office in South region