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Renovated Office Building with Parking
For Sale
$630,000

3771 Jodeco Rd, McDonough, GA 30253

Renovated office building with six large rooms, three bathrooms, and a dedicated on-site parking lot.

Property Size2,100 SF
Lot Size1.10 Acres
Price / SF$300
Days on Market118

Property Features for 3771 Jodeco Rd

General Information

Standard status Active
Size 2,100 SF
Lot size 1.10 Acres

Additional Details

Road Access Yes

Building Details

Year Built 1910
Listing Agency: Joe Stockdale Real Estate, LLC
Listed By: Dexter B Marion · License #390314
Source: Leagrouprealestate
Added: Jun 25 Changed: Oct 16 Last Checked: Oct 7 at 5:03PM

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 Joe Stockdale Real Estate, LLC

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Investment Insights

Based on property information with market context.

Renovated office property built for an efficient workday flow, featuring a large open, well-lit hallway with natural light and high-end white porcelain flooring throughout. The interior layout includes six large rooms designed for flexible use as private offices, meeting space, reception, or open work areas, supported by multiple storage spaces. Building finishes and upgrades referenced include recessed canned lighting, new doors, upscale light fixtures, tray ceilings, crown molding, and newly painted walls.

Outside, the property includes a dedicated parking lot with ample spaces, along with a covered porch at the exterior entrance and a wrap-around deck. New gutters and soffits are noted, as well as outdoor recessed lighting, corner security lighting, and durable exterior siding. The perimeter is described as encircled with black farm fencing.

Additional improvements include a kitchen area with granite countertops and white accent cabinets, washer and dryer connections, and a hot water heater room. Three bathrooms are provided, including an upgraded full bath with a tiled shower and waterfall shower head. HVAC is listed as a new 2025 system controlled by a Nest thermostat.

Key Highlights

  • Newly renovated commercial office building on 1.1 acres on Jodeco Road with a dedicated parking lot and plenty of parking spaces
  • Interior features a large, well‑lit open hallway with natural lighting and high‑end white porcelain flooring throughout
  • Six large rooms for flexible office, conference, reception, meeting, and other business uses

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$28,121
Cap Rate
4.46%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$562,420 $562.4K
Cap Rate 7%
$401,729 $401.7K
Cap Rate 9%
$312,456 $312.5K
Market Conditions
NOI Build-Up for 2,100 SF
Gross rent
$50.1K $23.87/SF
− Vacancy
−$12.6K −$6.02/SF
EGI
$37.5K $17.85/SF
− OpEx
−$9.4K −$4.46/SF
NOI
$28.1K $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%
$562,420
Cap Rate 7%
$401,729
Cap Rate 9%
$312,456

Alternative Uses

Best Use
Office B
$401.7K
$351.5K – $468.7K (±1% cap)
NOI $28,121 @ 7.0% cap · market cap 4.46%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$587.0K
$513.7K – $684.9K (±1% cap)
NOI $41,092 @ 7.0% cap · market cap 6.52%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Office buildings

Suggested Use

Top Pick Real Estate Agency Restaurant Dental Office Building Supply Kitchen & Bath Showroom Nail Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

219
Businesses Nearby

Demographics for 30253, GA

62,025
Population
22,889
Households
2.7
Avg Household Size
36
Median Age
30%
College-Educated
93%
High-School Grad
46.9 sq mi
ZIP Area
1,322
Density / Sq Mi
$81,601
Median Household Income
$43,433
Median Earnings
$1,627
Median Rent
$281,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025

Frequently Asked Questions

What type of property is this?
Office building - Renovated office building with six large rooms, three bathrooms, and a dedicated on-site parking lot.
Where is this office building located?
The property is located at 3771 Jodeco Rd McDonough, GA.
What is the asking price?
The asking price for this property is $630,000.
What are key features of this property?
This property features: Newly renovated commercial office building on 1.1 acres on Jodeco Road with a dedicated parking lot and plenty of parking spaces; Interior features a large, well‑lit open hallway with natural lighting and high‑end white porcelain flooring throughout; Six large rooms for flexible office, conference, reception, meeting, and other business uses
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