Office Units with On-Site
For Sale
$199,900
Pending
4209 Oakwood Road, Oakwood, GA 30566
Commercial Sale, Oakwood, GA
Property Size1,000 SF
Lot Size0.11 Acres
Days on Market75
Property Features for 4209 Oakwood Road
General Information
Property type
Commercial Sale
Property subtype
Other
Parking features
Parking Lot
Lot features
Business Park
Directions
Corner of Main Street and Oakwood Rd
Standard status
Pending
APN
08044 003092
Size
1,000 SF
Lot size
0.11 Acres
Taxes and HOA fees
Tax Year
2025
Utilities
Utilities
Water Available
Heating system
Central
Cooling system
Central Air
Water source
Public
Building Details
Year built
2005
Building materials
Brick, Frame
Listing Agency:
Norton Commercial Acreage Group
(770) 297-4800
Listed By:
Charlie Hawkins · License #352761
(678) 614-0837
Added: Jul 1
Changed: Sep 1
Last Checked: Sep 13 at 4:06PM
MLS# 10813375
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.
Investment Insights
Based on property information with market context.
This office property provides 1,000 square feet within a 0.11-acre parcel. Built in 2005, the improvements combine brick and frame construction with central heating, central air conditioning, and a dedicated parking lot. Public water is available, supporting practical day-to-day office operations.
The property sits directly behind Oakwood City Hall and less than 1 mile from I-985, with access to Exit 16 and Exit 17. Gainesville, Flowery Branch, Buford, and other Northeast Georgia destinations are nearby. The surrounding commercial area includes professional offices, restaurants, banks, and retail services, while major employers, healthcare providers, and Lake Lanier amenities are within minutes.
The property sits directly behind Oakwood City Hall and less than 1 mile from I-985, with access to Exit 16 and Exit 17. Gainesville, Flowery Branch, Buford, and other Northeast Georgia destinations are nearby. The surrounding commercial area includes professional offices, restaurants, banks, and retail services, while major employers, healthcare providers, and Lake Lanier amenities are within minutes.
Key Highlights
- 1,000 square feet of office space on a 0.11‑acre parcel
- Built in 2005 with brick and frame construction
- Central heating and central air conditioning
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
$13,532
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
6.77%
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%
$270,640
$270.6K
Cap Rate 7%
$193,314
$193.3K
Cap Rate 9%
$150,356
$150.4K
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
$25.2K $25.20/SF
− Vacancy
−$2.6K −$2.65/SF
EGI
$22.6K $22.55/SF
− OpEx
−$9.0K −$9.02/SF
NOI
$13.5K $13.53/SF
Area
Hall County, GA
Vacancy
10.50%
Lease Rate
$25.20 /SF/Yr
Expense Ratio
40.00%
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%
$270,640
Cap Rate 7%
$193,314
Cap Rate 9%
$150,356
Alternative Uses
Best Use
Healthcare Medical
$193.3K
$169.2K – $225.5K
NOI $13,532 @ 7.0% cap · market cap 6.77%
Second Best
Office B
$191.4K
$167.5K – $223.3K
NOI $13,397 @ 7.0% cap · market cap 6.70%
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
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
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
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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Office units - Professional office setting with central HVAC and convenient parking for employees and clients.
Where is this office units located?
The property is located at 4209 Oakwood Road 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: 1,000 square feet of office space on a 0.11‑acre parcel; Built in 2005 with brick and frame construction; Central heating and central air conditioning
