Furnished Professional Office
For Sale
$475,000
313 Wolfe Street, Cohutta, GA 30710
Commercial Sale, Cohutta, GA
Property Size3,500 SF
Price / SF$135.71
Days on Market47
Property Features for 313 Wolfe Street
General Information
Property type
Commercial Sale
Property subtype
Other
Elementary school district
11
Middle school district
11
High school district
11
Subdivision
7-Whitfield Co-North of Hwy 2
Standard status
Active
APN
11-061-04-004
Taxes and HOA fees
Tax Year
2026
Tax Annual Amount
3366
Building Details
Floors in Building
1
Listing Agency:
Keller Williams Heritage · Keller Williams Realty
(706) 459-3107
Listed By:
Kathryne Kit Henson
(706) 218-8629
Added: Jul 20
Changed: Aug 19
Last Checked: Sep 4 at 12:06PM
MLS# 136031
Copyright © 2026 Carpet Capital Association of REALTORS®. 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.
This professional office building offers more than 3,500 square feet with six offices, four bathrooms, and a full bathroom with shower. The interior also includes a kitchen and break area, while the property is being offered with office furniture and supplies. The layout provides a practical setting for continued professional office use.
Recent property improvements include a new roof, HVAC system, and water heater. The exterior has been freshly painted, complementing the building’s well-maintained presentation. The property is located in Cohutta, Georgia, within a small-town setting in Whitfield County.
Recent property improvements include a new roof, HVAC system, and water heater. The exterior has been freshly painted, complementing the building’s well-maintained presentation. The property is located in Cohutta, Georgia, within a small-town setting in Whitfield County.
Key Highlights
- Over 3500 sf of office space
- 6 offices and 4 bathrooms
- Full bathroom with shower
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$28,747
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.05%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$574,940
$574.9K
Cap Rate 7%
$410,671
$410.7K
Cap Rate 9%
$319,411
$319.4K
Market Conditions
NOI Build-Up for 3,500 SF
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.
Gross rent
$49.1K $14.04/SF
− Vacancy
−$10.8K −$3.09/SF
EGI
$38.3K $10.95/SF
− OpEx
−$9.6K −$2.74/SF
NOI
$28.7K $8.21/SF
Area
Whitfield County, GA
Vacancy
22.00%
Lease Rate
$14.04 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$574,940
Cap Rate 7%
$410,671
Cap Rate 9%
$319,411
Alternative Uses
Best Use
Office B
$410.7K
$359.3K – $479.1K
NOI $28,747 @ 7.0% cap · market cap 6.05%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$558.9K
$489.1K – $652.1K
NOI $39,124 @ 7.0% cap · market cap 8.24%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
55
Businesses Nearby
Explore this area
Business Placement
Demographics for 30710, GA
6,949
Population
2,930
Households
2.4
Avg Household Size
42
Median Age
26%
College-Educated
82%
High-School Grad
46.7 sq mi
ZIP Area
149
Density / Sq Mi
$71,197
Median Household Income
$41,583
Median Earnings
$1,084
Median Rent
$234,800
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Well-maintained workspace with private offices, multiple bathrooms, and a kitchen with break area.
Where is this office building located?
The property is located at 313 Wolfe Street Cohutta, GA.
What is the asking price?
The asking price for this property is $475,000.
What are key features of this property?
This property features: Over 3500 sf of office space; 6 offices and 4 bathrooms; Full bathroom with shower
