Renovated Medical
For Sale
Contact for pricing
374 Racetrack Road, McDonough, GA 30252
The layout includes four offices with built-in cabinetry and sinks, plus a lab, reception area, and conference room.
Property Size2,006 SF
Price / SF$1.52
Days on Market13
Property Features for 374 Racetrack Road
General Information
Standard status
Active
Size
2,006 SF
Total Parking Spaces
90
Property subtype
Commercial
Site & Location
Highway Access
Yes
Road Access
Yes
Utilities to Site
Yes
Additional Details
Condition
Newly Renovated
Sprinkler System
Yes
Tenant in Place
Yes
Property Use
Medical Office
Amenities
handicap accessible
conference room
break room
reception area
lobby
lab space
built-in cabinetry with sinks
0.36 acres, Business Park, Level
Composition
Public Sewer
Parcel Number: 108-01017022
Carpet, Tile
Central Air, Electric
Electric, Central
Listing ID: 10877245, Standard Status: Active, MLS Status: New, On market as of 2026-10-22, 9 days on market
90 total parking spaces, Paved, Parking Lot
Built in 2006, Construction Materials: Brick
County/Parish: Henry
New Construction
Cable Available, Electricity Available, High Speed Internet, Phone Available, Sewer Available, Underground Utilities, Water Available, Water Source: Public
Fire Sprinkler System
Accessible Doors, Low Door Handles, Accessible Entrance, Accessible Hallway(s)
Building Details
Building Size
2,006 SF
Year Built
2006
Buildings
1
Construction
brick
Tenancy
Multi
Listing Agency:
Southern Classic Realtors
(678) 635-8877
Listed By:
Chance Adamson · License #243367
(678) 752-1969
Source:
Blackstreaminternational
Added: Oct 22
Changed: Nov 1
Last Checked: Nov 3 at 7:19AM
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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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 3,000-square-foot brick medical office, built in 2006, has a renovated interior and an accessible layout. Four offices feature built-in cabinetry and sinks, and the space also includes a lab with a sink, two restrooms, a break room, reception with a built-in desk, a lobby, and a conference room. Spray foam insulation is installed in the attic. The property is occupied by medical, insurance, legal, and builder/developer tenants.
Located on Racetrack Road, the office is 2 miles from I-75. The property offers 90 parking spaces and has reported daily traffic of more than 16,000 vehicles. CAM covers water, sewer, a fire sprinkler phone line, landscaping and parking lot maintenance, directory advertising, property tax, and dumpster service.
Located on Racetrack Road, the office is 2 miles from I-75. The property offers 90 parking spaces and has reported daily traffic of more than 16,000 vehicles. CAM covers water, sewer, a fire sprinkler phone line, landscaping and parking lot maintenance, directory advertising, property tax, and dumpster service.
Key Highlights
- 3,000‑square‑foot brick medical office built in 2006
- Four offices with built‑in cabinetry and sinks, plus a lab with a sink
- Two restrooms, break room, reception area, lobby, and conference room
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$40,173
Suggested Prices Based on Cap Rates
Cap Rate 5%
$803,460
$803.5K
Cap Rate 7%
$573,900
$573.9K
Cap Rate 9%
$446,367
$446.4K
Market Conditions
NOI Build-Up for 3,000 SF
Gross rent
$71.6K $23.87/SF
− Vacancy
−$18.0K −$6.02/SF
EGI
$53.6K $17.85/SF
− OpEx
−$13.4K −$4.46/SF
NOI
$40.2K $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%
$803,460
Cap Rate 7%
$573,900
Cap Rate 9%
$446,367
Alternative Uses
Best Use
Healthcare Medical
$621.4K
$543.7K – $725.0K
NOI $43,497 @ 7.0% cap · market cap 955.98%
Second Best
Office B
$573.9K
$502.2K – $669.6K
NOI $40,173 @ 7.0% cap · market cap 882.92%
Theoretical Best
Office A
$838.6K
$733.8K – $978.4K
NOI $58,703 @ 7.0% cap · market cap 1,290.18%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Sprinkler system
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
404
Businesses Nearby
Under-served
Demand for This Use
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?
Medical Office Space - The layout includes four offices with built-in cabinetry and sinks, plus a lab, reception area, and conference room.
Where is this medical office space located?
The property is located at 374 Racetrack Road McDonough, GA.
What are key features of this property?
This property features: 3,000‑square‑foot brick medical office built in 2006; Four offices with built‑in cabinetry and sinks, plus a lab with a sink; Two restrooms, break room, reception area, lobby, and conference room
