100% Leased Retail Storefront
For Sale
$470,000
317 W Taylor Street, Griffin, GA 30223
SINGLE_FAMILY - Griffin, GA
Property Size2,516 SF
Lot Size0.27 Acres
Price / SF$186.80
Days on Market571
Property Features for 317 W Taylor Street
General Information
Property type
Residential
Property subtype
Retail
Zoning
C-3
Parking
10
Parking features
Parking Lot
Interior features
Restrooms
View
City
Directions
Please use GPS
Standard status
Active
APN
015 41008
Size
2,516 SF
Lot size
0.27 Acres
Taxes and HOA fees
Tax Year
2024
Tax Annual Amount
8724
Utilities
Utilities
Cable Available
Heating system
Central
Cooling system
Central Air
Building Details
Year built
1985
Floors in Building
1
Flooring type
Carpet, Laminate
Building materials
Brick 3 Sides, Fiber Cement
Roof type
Asphalt
Listing Agency:
Point Honors and Associates, Realtors
(678) 869-5130
Listed By:
Ray Kim
(404) 512-2322
Added: Jan 11, 2025
Changed: Jul 29
Last Checked: Aug 5 at 10:06PM
MLS# 7507924
Copyright © 2026 First Multiple Listing Service, Inc. 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.
A 100% leased retail storefront building offering two tenant spaces, including Metro by T-Mobile in the front and an additional tenant that uses the office and break areas. The interior includes restrooms, with carpet and laminate flooring throughout. The building is heated and cooled with central systems and includes a parking lot for on-site access.
The property sits at 317 W Taylor Street in Griffin, in Spalding County, with frontage off W Taylor Street. It occupies a 0.27-acre lot and was built in 1985, with remodeling completed over the years. Construction features brick on three sides and fiber cement elements, with an asphalt roof. Cable is available, and all utilities and public services are available on site.
Zoned C-3, the building provides an established, leased setup for buyers seeking a retail storefront configuration in the City of Griffin business district area.
The property sits at 317 W Taylor Street in Griffin, in Spalding County, with frontage off W Taylor Street. It occupies a 0.27-acre lot and was built in 1985, with remodeling completed over the years. Construction features brick on three sides and fiber cement elements, with an asphalt roof. Cable is available, and all utilities and public services are available on site.
Zoned C-3, the building provides an established, leased setup for buyers seeking a retail storefront configuration in the City of Griffin business district area.
Key Highlights
- 100% leased storefront building with Metro by T‑Mobile in the front plus an additional office/break‑area tenant
- C‑3 zoning in the City of Griffin business district area
- 0.27‑acre lot with parking lot for on‑site access
Financial Insights For Retail
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 | $55.3k | $21.96 |
| − Vacancy | −$4.7k | −$1.87 |
| EGI | $50.6k | $20.09 |
| − OpEx | −$15.2k | −$6.03 |
| NOI | $35.4k | $14.07 |
2,516 SF · lease $21.96/SF/yr · vacancy 8.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$505.5K
$442.4K – $589.8K
NOI $35,388 @ 7.0% cap · market cap 7.53%
Second Best
Office B
$481.3K
$421.2K – $561.5K
NOI $33,692 @ 7.0% cap · market cap 7.17%
Theoretical Best
Office A
$706.5K
$618.2K – $824.2K
NOI $49,454 @ 7.0% cap · market cap 10.52%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,371
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 30223, GA
38,111
Population
15,647
Households
2.4
Avg Household Size
41
Median Age
15%
College-Educated
84%
High-School Grad
108.0 sq mi
ZIP Area
353
Density / Sq Mi
$56,940
Median Household Income
$34,305
Median Earnings
$1,025
Median Rent
$186,900
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Similar Off Market Nearby
- Artistic Flowers — 610 W Solomon St, Griffin, GA 30223
Frequently Asked Questions
What type of property is this?
Storefront property - C-3 zoned storefront building with central HVAC, restrooms, and parking lot on a 0.27-acre lot.
Where is this storefront property located?
The property is located at 317 W Taylor Street Griffin, GA.
What is the asking price?
The asking price for this property is $470,000.
What are key features of this property?
This property features: 100% leased storefront building with Metro by T‑Mobile in the front plus an additional office/break‑area tenant; C‑3 zoning in the City of Griffin business district area; 0.27‑acre lot with parking lot for on‑site access
