2954 N Expressway Griffin, GA 30223
COMMERCIAL - Griffin, GA
Property Features for 2954 N Expressway
General Information
- Property type
- Commercial Sale
- Property subtype
- Office
- Parking features
- Parking Lot
- Security features
- Security
- Fencing
- Chain Link
- Standard status
- Active
- APN
- 242B01005T
- Size
- 4,800 SF
- Lot size
- 0.72 Acres
Taxes and HOA fees
- Tax Year
- 2023
- Tax Annual Amount
- 5220
Utilities
- Utilities
- Cable Available
- Sewer type
- Public Sewer
- Heating system
- Natural Gas
- Cooling system
- Electric
- Water source
- Public
Building Details
- Year built
- 1993
- Flooring type
- Laminate, Carpet, Tile
- Building materials
- Stucco, Vinyl Siding, Wood Siding
Listing agent Mary Ann Wells (678) 544-7353
Listing office Benham Realty Group 1022 Waverly Drive, GRIFFIN, GA (678) 688-4246
Listing date Jul 16, 2026
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.
Access is via entrances on 19/41 and Old Atlanta Rd at 2954 N Expressway in Griffin, GA. The property features paved parking in front of the building and is described as being next to Southern Pit Barbeque.
The building presents a practical layout for professional office use with separate rooms for reception, meetings, and day-to-day operations, supported by on-site parking for visitors and staff.
Key Highlights
- Commercial building in North Griffin with 4,800 SF and multiple offices, reception area, conference room, break room, and kitchen area
- Full bath in main office plus hall bath and storage room
- Built in 1993 with stucco, vinyl siding, and wood siding
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 | $114.6k | $23.87 |
| − Vacancy | −$28.9k | −$6.02 |
| EGI | $85.7k | $17.85 |
| − OpEx | −$21.4k | −$4.46 |
| NOI | $64.3k | $13.39 |
