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Second-Floor Office Unit
For Sale
$310,000

2a-10375 Ford Ave, Richmond Hill, GA 31324

Private offices, a conference room, kitchenette, storage, and guest restroom support a flexible professional workspace.

Property Size1,095 SF
Price / SF$283.11
Days on Market9

Property Features for 2a-10375 Ford Ave

General Information

Standard status Active
Size 1,095 SF

Site & Location

Highway Access Yes
Road Access Yes

Additional Details

Floor 2
Listing Agency: Keller Williams Coastal Area P
Listed By: Melanie D. Kramer · License #302719
Source: Exprealty
Added: Jul 28 Changed: Aug 5 Last Checked: Aug 5 at 1:51AM

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 Coastal Area P

Investment Insights

Based on property information with market context.

This 1,095-square-foot office condominium occupies an upstairs corner position and is configured with multiple private offices, a conference room, kitchenette, storage, and a guest restroom. The suite has been maintained for professional office use, with an HVAC system installed in approximately 2021 and an architectural shingle roof that is approximately nine years old.

The property is located at 2a-10375 Ford Ave in Richmond Hill, along Highway 144, also known as Ford Avenue. Approximately 23,700 vehicles pass the corridor daily. The location provides access to established businesses, retail, restaurants, and expanding residential areas, with parking available for clients and employees.

The office condominium is positioned for an owner-user or investor and can accommodate a range of professional office operations, including medical, legal, financial, engineering, insurance, and real estate services.

Key Highlights

  • 1,095‑square‑foot second‑floor office condominium
  • Multiple private offices plus conference room, kitchenette, storage, and guest restroom
  • Upstairs corner position provides a separate, quieter office setting

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 $24.3k $22.20
− Vacancy −$4.0k −$3.66
EGI $20.3k $18.54
− OpEx −$5.1k −$4.63
NOI $15.2k $13.90
1,095 SF · lease $22.20/SF/yr · vacancy 16.50% · expense 25.00%

Alternative Uses

Best Use
Office B
$217.5K
$190.3K – $253.7K (±1% cap)
NOI $15,224 @ 7.0% cap · market cap 4.91%
Second Best
no second resolved use
Theoretical Best
Warehouse
$1.02M
$895.4K – $1.19M (±1% cap)
NOI $71,634 @ 7.0% cap · market cap 23.11%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Dental Office Parking Lot & Garage Law Firm Big Box & Wholesale Store (Bike/Boat/Book/etc) Store Building Supply

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

266
Businesses Nearby

Demographics for 31324, GA

33,733
Population
12,748
Households
2.6
Avg Household Size
34
Median Age
42%
College-Educated
95%
High-School Grad
129.8 sq mi
ZIP Area
260
Density / Sq Mi
$110,767
Median Household Income
$56,635
Median Earnings
$1,764
Median Rent
$364,200
Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office units - Private offices, a conference room, kitchenette, storage, and guest restroom support a flexible professional workspace.
Where is this office units located?
The property is located at 2a-10375 Ford Ave Richmond Hill, GA.
What is the asking price?
The asking price for this property is $310,000.
What are key features of this property?
This property features: 1,095‑square‑foot second‑floor office condominium; Multiple private offices plus conference room, kitchenette, storage, and guest restroom; Upstairs corner position provides a separate, quieter office setting
More about this property
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