Professional Office Unit with Private
For Sale
Contact for pricing
362 Racetrack Road, McDonough, GA 30252
Accessible office suite with reception, multiple enclosed offices, conference room potential, break area, and covered entry.
Property Size2,006 SF
Price / SF$1.47
Days on Market52
Property Features for 362 Racetrack Road
General Information
Standard status
Active
Size
2,006 SF
Property subtype
Commercial
Amenities
0.32 acres, Business Park, Level
Composition
Public Sewer
Parcel Number: 108-01017020
Tile
Electric
Listing ID: 10836747, Standard Status: Active, MLS Status: Active, On market as of 2026-08-31, 50 days on market
8 total parking spaces, Parking Lot, Paved
Built in 2006, Construction Materials: Brick
County/Parish: Henry
Updated/Remodeled
Cable Available, Electricity Available, High Speed Internet, Phone Available, Sewer Available, Underground Utilities, Water Available, Water Source: Public
Fire Sprinkler System
Accessible Doors, Accessible Entrance, Accessible Full Bath, Accessible Hallway(s), Accessible Kitchen, Low Door Handles
Building Details
Building Size
2,006 SF
Year Built
2006
Listing Agency:
Southern Classic Realtors
(678) 635-8877
Listed By:
Chance Adamson · License #243367
(678) 752-1969
Source:
Blackstreaminternational
Added: Aug 31
Changed: Oct 21
Last Checked: Oct 20 at 9:07PM
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 Southern Classic Realtors
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Investment Insights
Based on property information with market context.
Built in 2006, this 1,500-square-foot professional office unit offers a covered entrance, marble-finished waiting area, reception space, five private offices, and an ADA restroom. One of the offices is large enough for executive conference use, while windows in several rooms provide natural light. The suite also includes a break area with a refrigerator, microwave, and sink, along with spray foam attic insulation and detailed interior finishes.
The handicap-accessible complex provides ample parking and on-site ownership and management. Shared property services include water, sewer, fire sprinkler phone line, landscaping, parking lot maintenance, directory advertising, annual termite service, and dumpster service. The property is 2 miles from I-75, near McDonough Square, and has road frontage exposure with a daily traffic count of over 16,000 vehicles. The adjacent 1,500-square-foot suite can be connected through an interior shared wall, creating a combined 3,000-square-foot configuration.
The handicap-accessible complex provides ample parking and on-site ownership and management. Shared property services include water, sewer, fire sprinkler phone line, landscaping, parking lot maintenance, directory advertising, annual termite service, and dumpster service. The property is 2 miles from I-75, near McDonough Square, and has road frontage exposure with a daily traffic count of over 16,000 vehicles. The adjacent 1,500-square-foot suite can be connected through an interior shared wall, creating a combined 3,000-square-foot configuration.
Key Highlights
- 1,500 SF professional office unit built in 2006
- Reception area, waiting room, 5 private offices, executive conference room potential, and ADA restroom
- Break area equipped with refrigerator, microwave, and sink
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$20,087
Suggested Prices Based on Cap Rates
Cap Rate 5%
$401,740
$401.7K
Cap Rate 7%
$286,957
$287.0K
Cap Rate 9%
$223,189
$223.2K
Market Conditions
NOI Build-Up for 1,500 SF
Gross rent
$35.8K $23.87/SF
− Vacancy
−$9.0K −$6.02/SF
EGI
$26.8K $17.85/SF
− OpEx
−$6.7K −$4.46/SF
NOI
$20.1K $13.39/SF
Area
Henry County, GA
Vacancy
25.20%
Lease Rate
$23.87 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$401,740
Cap Rate 7%
$286,957
Cap Rate 9%
$223,189
Alternative Uses
Best Use
Office B
$287.0K
$251.1K – $334.8K
NOI $20,087 @ 7.0% cap · market cap 913.05%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$419.3K
$366.9K – $489.2K
NOI $29,352 @ 7.0% cap · market cap 1,334.18%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
404
Businesses Nearby
Explore this area
Business Placement
Demographics for 30252, GA
49,702
Population
16,400
Households
3
Avg Household Size
38
Median Age
30%
College-Educated
95%
High-School Grad
94.1 sq mi
ZIP Area
528
Density / Sq Mi
$97,339
Median Household Income
$48,850
Median Earnings
$1,819
Median Rent
$326,900
Median Home Value
Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - Accessible office suite with reception, multiple enclosed offices, conference room potential, break area, and covered entry.
Where is this office unit located?
The property is located at 362 Racetrack Road McDonough, GA.
What are key features of this property?
This property features: 1,500 SF professional office unit built in 2006; Reception area, waiting room, 5 private offices, executive conference room potential, and ADA restroom; Break area equipped with refrigerator, microwave, and sink
