Renovated Four-Suite Office
For Sale
$1,689,000
413 Creekstone Ridge, Woodstock, GA 30188
Commercial Sale, Woodstock, GA
Property Size8,800 SF
Lot Size0.41 Acres
Price / SF$191.93
Days on Market47
Property Features for 413 Creekstone Ridge
General Information
Property type
Commercial Sale
Property subtype
Office
Parking
18
Parking features
Parking Lot, On Street
Lot features
Business Park, Level
Directions
From Atlanta: take I-75N to Exit 268 for I-575N toward canton. Take Exit 7 for GA-92N towards Roswell. Turn left onto Woodpark Pl. Turn left onto Creekstone Ridge. Look for #401-413 on the left.
Standard status
Active
APN
15N12F 413
Lot size
0.41 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
2748
Utilities
Utilities
Water Available
Sewer type
Public Sewer
Heating system
Central, Forced Air
Cooling system
Central Air
Water source
Public
Building Details
Year built
1999
Flooring type
Laminate, Tile, Carpet
Building materials
Brick
Roof type
Tar/Gravel
Listing Agency:
Chapman Hall Realtors
(404) 252-9500
Listed By:
Yelena V Grinchuk · License #240549
(404) 642-7772
Added: Sep 1
Changed: Oct 15
Last Checked: Oct 17 at 4:06AM
MLS# 10837390
Copyright © 2026 Georgia Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This one-story office building includes a basement and four separately configured office suites. Each suite provides private office rooms, a reception area, conference room, kitchen and eating area, two baths, and storage. Recent improvements include new paint, flooring, and lighting throughout the suites. The building was constructed in 1999 with brick construction, tile, laminate, and carpet flooring, plus central air and forced-air heating.
The property occupies 0.41 acres in Woodstock, Georgia, with convenient connections to Highway 92 and Highway 575. Eighteen dedicated parking spaces are provided, along with additional on-street parking. Public water and public sewer serve the property. All four suites are currently 100% leased, with annual base-rent escalations of 2-4%.
The property occupies 0.41 acres in Woodstock, Georgia, with convenient connections to Highway 92 and Highway 575. Eighteen dedicated parking spaces are provided, along with additional on-street parking. Public water and public sewer serve the property. All four suites are currently 100% leased, with annual base-rent escalations of 2-4%.
Key Highlights
- Four office suites, each with offices, reception, conference room, kitchen, two baths, and storage
- All suites currently 100% leased with 2‑4% annual base‑rent escalations
- Recent suite improvements include new paint, flooring, and lighting
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$117,841
Cap Rate
6.98%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,356,820
$2.4M
Cap Rate 7%
$1,683,443
$1.7M
Cap Rate 9%
$1,309,344
$1.3M
Market Conditions
NOI Build-Up for 8,800 SF
Gross rent
$210.1K $23.87/SF
− Vacancy
−$52.9K −$6.02/SF
EGI
$157.1K $17.85/SF
− OpEx
−$39.3K −$4.46/SF
NOI
$117.8K $13.39/SF
Area
Cherokee 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%
$2,356,820
Cap Rate 7%
$1,683,443
Cap Rate 9%
$1,309,344
Alternative Uses
Best Use
Office B
$1.68M
$1.47M – $1.96M
NOI $117,841 @ 7.0% cap · market cap 6.98%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.47M
$2.16M – $2.88M
NOI $172,973 @ 7.0% cap · market cap 10.24%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Current Use
Lease Details
4
Office units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Sprinkler system
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,370
Businesses Nearby
Explore this area
Business Placement
Demographics for 30188, GA
67,972
Population
26,759
Households
2.5
Avg Household Size
40
Median Age
47%
College-Educated
95%
High-School Grad
43.7 sq mi
ZIP Area
1,555
Density / Sq Mi
$105,395
Median Household Income
$55,281
Median Earnings
$1,736
Median Rent
$389,100
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office building - One-story office property with basement space, dedicated parking, and access to Highway 92 and Highway 575.
Where is this office building located?
The property is located at 413 Creekstone Ridge Woodstock, GA.
What is the asking price?
The asking price for this property is $1,689,000.
What are key features of this property?
This property features: Four office suites, each with offices, reception, conference room, kitchen, two baths, and storage; All suites currently 100% leased with 2‑4% annual base‑rent escalations; Recent suite improvements include new paint, flooring, and lighting
