New Mixed-Use Commercial
For Sale
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323 E SOLOMON Street, Griffin, GA 30223
Two commercial suites are planned within a 2026 mixed-use development with customer and employee parking.
Property Size2,026 SF
Price / SF$0.00
Days on Market97
Property Features for 323 E SOLOMON Street
General Information
Standard status
Active
Size
2,026 SF
Property subtype
Commercial
Amenities
1.26 acres, Corner Lot
Public Sewer
Parcel Number: 014 36004A
Central Air
Central
Listing ID: 10815879, Standard Status: Active, MLS Status: Active, On market as of 2026-07-31, 95 days on market
Parking Lot
Built in 2026, Construction Materials: Block, Brick, Concrete
County/Parish: Spalding
New Construction
Cable Available, Electricity Available, Sewer Available, Water Available, Water Source: Public
Building Details
Building Size
2,026 SF
Year Built
2026
Listing Agency:
Rawlings Realty LLC
(678) 692-8639
Listed By:
Gary W Laster · License #44376
(770) 468-1332
Source:
Blackstreaminternational
Added: Jul 31
Changed: Nov 3
Last Checked: Nov 3 at 7:51AM
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 Rawlings Realty LLC
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Investment Insights
Based on property information with market context.
New Griffin Parc is a mixed-use commercial development at 323 E Solomon St. in Griffin, Georgia. The project includes two commercial spaces measuring 877 square feet and 1,383 square feet, providing distinct suite options within a newly built setting. The property is scheduled for completion in 2026, with the spaces expected to be available September 30, 2026.
The development offers convenient access and visibility along E Solomon St., with parking designated for customers and employees. The available spaces are identified for retail, office, medical, professional services, and specialty business uses, subject to applicable approvals and lease terms.
The development offers convenient access and visibility along E Solomon St., with parking designated for customers and employees. The available spaces are identified for retail, office, medical, professional services, and specialty business uses, subject to applicable approvals and lease terms.
Key Highlights
- Two commercial spaces available: 877 square feet and 1,383 square feet
- Expected availability date of September 30, 2026
- New mixed‑use development scheduled for completion in 2026
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$1,033,718
Suggested Prices Based on Cap Rates
Cap Rate 5%
$20,674,360
$20.7M
Cap Rate 7%
$14,767,400
$14.8M
Cap Rate 9%
$11,485,756
$11.5M
Market Conditions
NOI Build-Up for 78,312 SF
Gross rent
$1.88M $24.00/SF
− Vacancy
−$225.5K −$2.88/SF
EGI
$1.65M $21.12/SF
− OpEx
−$620.2K −$7.92/SF
NOI
$1.03M $13.20/SF
Area
Spalding County, GA
Vacancy
12.00%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$20,674,360
Cap Rate 7%
$14,767,400
Cap Rate 9%
$11,485,756
Alternative Uses
Best Use
Retail
$15.74M
$13.77M – $18.36M
NOI $1,101,488 @ 7.0% cap · market cap 11,014,880.00%
Second Best
Mixed Use
$14.77M
$12.92M – $17.23M
NOI $1,033,718 @ 7.0% cap · market cap 10,337,180.00%
Theoretical Best
Office A
$21.99M
$19.24M – $25.66M
NOI $1,539,301 @ 7.0% cap · market cap 15,393,010.00%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,495
Businesses Nearby
126k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 55%
Shops & Services 39%
Home Improvements & Furnishings 4%
Beauty & Spa 1%
McDonald's
Dining
21,107 visits/mo
0.4 miles
Krystal
Dining
14,316 visits/mo
0.3 miles
Burger King
Dining
10,667 visits/mo
0.1 miles
KFC
Dining
9,297 visits/mo
0.2 miles
Chevron
Shops & Services
8,470 visits/mo
0.2 miles
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Two commercial suites are planned within a 2026 mixed-use development with customer and employee parking.
Where is this mixed-use property located?
The property is located at 323 E SOLOMON Street Griffin, GA.
What are key features of this property?
This property features: Two commercial spaces available: 877 square feet and 1,383 square feet; Expected availability date of September 30, 2026; New mixed‑use development scheduled for completion in 2026
