Professional Office
For Sale
$199,900
4209 Oakwood Rd, Oakwood, GA 30566
Office space built in 2005 with on-site parking and convenient access to established commercial services.
Property Size1,000 SF
Price / SF$199.90
Days on Market23
Property Features for 4209 Oakwood Rd
General Information
Standard status
Active
Size
1,000 SF
Additional Details
Highway Access
Yes
Building Details
Year Built
2005
Listing Agency:
Norton Commercial Acreage Group
(770) 297-4800
Listed By:
Charlie Hawkins · License #352761
Source:
Annakintown
Added: Aug 7
Changed: Aug 28
Last Checked: Aug 25 at 3:59AM
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 Norton Commercial Acreage Group
Investment Insights
Based on property information with market context.
This office property was completed in 2005 and is positioned for professional service use. On-site parking supports both employees and visitors, while the setting is surrounded by established offices, restaurants, banks, and retail services. The property is located directly behind Oakwood City Hall, adding a recognizable civic reference point within the commercial area.
Access to I-985 is available in less than one mile via Exits 16 and 17. The location connects with Gainesville, Flowery Branch, Buford, and other Northeast Georgia communities, and is also near major employers, healthcare providers, and Lake Lanier amenities. Its Oakwood setting places office users close to a range of everyday business and client services.
Access to I-985 is available in less than one mile via Exits 16 and 17. The location connects with Gainesville, Flowery Branch, Buford, and other Northeast Georgia communities, and is also near major employers, healthcare providers, and Lake Lanier amenities. Its Oakwood setting places office users close to a range of everyday business and client services.
Key Highlights
- Office property completed in 2005
- On‑site parking for employees and clients
- Directly behind Oakwood City Hall
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$13,397
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.70%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$267,940
$267.9K
Cap Rate 7%
$191,386
$191.4K
Cap Rate 9%
$148,856
$148.9K
Market Conditions
NOI Build-Up for 1,000 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$23.9K $23.88/SF
− Vacancy
−$6.0K −$6.02/SF
EGI
$17.9K $17.86/SF
− OpEx
−$4.5K −$4.47/SF
NOI
$13.4K $13.40/SF
Area
Hall County, GA
Vacancy
25.20%
Lease Rate
$23.88 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$267,940
Cap Rate 7%
$191,386
Cap Rate 9%
$148,856
Alternative Uses
Best Use
Office B
$191.4K
$167.5K – $223.3K
NOI $13,397 @ 7.0% cap · market cap 6.70%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$280.1K
$245.1K – $326.7K
NOI $19,604 @ 7.0% cap · market cap 9.81%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
254
Businesses Nearby
Explore this area
Business Placement
Demographics for 30566, GA
8,660
Population
3,827
Households
2.3
Avg Household Size
36
Median Age
23%
College-Educated
78%
High-School Grad
8.0 sq mi
ZIP Area
1,083
Density / Sq Mi
$61,524
Median Household Income
$37,456
Median Earnings
$1,240
Median Rent
$267,000
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Office space built in 2005 with on-site parking and convenient access to established commercial services.
Where is this office units located?
The property is located at 4209 Oakwood Rd Oakwood, GA.
What is the asking price?
The asking price for this property is $199,900.
What are key features of this property?
This property features: Office property completed in 2005; On‑site parking for employees and clients; Directly behind Oakwood City Hall
