Renovation-Ready Office
New
For Sale
$799,000
425 Furys Ferry Road, Martinez, GA 30907
Commercial Sale, Martinez, GA
Property Size4,900 SF
Lot Size0.76 Acres
Price / SF$162.80
Days on Market1
Property Features for 425 Furys Ferry Road
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
P-1
Directions
Riverwatch parkway to furys ferry road. 4 miles on the right
Standard status
Active
APN
082a061
Size
4,908 SF
Lot size
0.76 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
082A061
Tax Annual Amount
2273
Legal Description
082A061
Utilities
Water source
Public
Building Details
Year built
1965
Listing Agency:
Douglas Lane Real Estate Group
(706) 831-0771
Listed By:
Jacob M Glover · License #389791
(762) 333-3096
Added: Aug 27
Last Checked: Aug 27 at 10:06PM
MLS# 100599407
Copyright © 2026 Hive MLS. 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, built in 1965, is configured for a comprehensive renovation. The interior has been cleared for reconstruction, while a new roof with 4-inch insulation supports consideration of an open-ceiling design. Pre-construction materials include architectural, civil, MEP, and design documents, and a General Contractor has been secured for the project. A setback variance has also been obtained.
The property occupies the corner of Furys Ferry Road and Boller Road in Martinez, Georgia, within a commercial corridor that includes Publix, Queensborough Bank, Wells Fargo, retail shops, restaurants, medical spas, and medical specialists. P-1 zoning and public water service are in place. The source information identifies the property for professional services, office use, or a medical facility.
The property occupies the corner of Furys Ferry Road and Boller Road in Martinez, Georgia, within a commercial corridor that includes Publix, Queensborough Bank, Wells Fargo, retail shops, restaurants, medical spas, and medical specialists. P-1 zoning and public water service are in place. The source information identifies the property for professional services, office use, or a medical facility.
Key Highlights
- Corner position at Furys Ferry Road and Boller Road in Martinez, Georgia
- New roof with 4‑inch insulation
- Interior cleared for full renovation
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
$71,523
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
8.95%
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%
$1,430,460
$1.4M
Cap Rate 7%
$1,021,757
$1.0M
Cap Rate 9%
$794,700
$794.7K
Market Conditions
NOI Build-Up for 4,908 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
$129.6K $26.40/SF
− Vacancy
−$10.4K −$2.11/SF
EGI
$119.2K $24.29/SF
− OpEx
−$47.7K −$9.72/SF
NOI
$71.5K $14.57/SF
Area
Columbia County, GA
Vacancy
8.00%
Lease Rate
$26.40 /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%
$1,430,460
Cap Rate 7%
$1,021,757
Cap Rate 9%
$794,700
Alternative Uses
Best Use
Office B
$1.07M
$938.7K – $1.25M
NOI $75,092 @ 7.0% cap · market cap 9.40%
Second Best
Healthcare Medical
$1.02M
$894.0K – $1.19M
NOI $71,523 @ 7.0% cap · market cap 8.95%
Theoretical Best
Office A
$1.55M
$1.36M – $1.81M
NOI $108,441 @ 7.0% cap · market cap 13.57%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
505
Businesses Nearby
Explore this area
Business Placement
Demographics for 30907, GA
50,964
Population
22,219
Households
2.3
Avg Household Size
39
Median Age
39%
College-Educated
91%
High-School Grad
24.1 sq mi
ZIP Area
2,115
Density / Sq Mi
$83,349
Median Household Income
$45,692
Median Earnings
$1,211
Median Rent
$232,000
Median Home Value
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 - P-1-zoned office property with a new insulated roof and completed architectural, civil, MEP, and design documents.
Where is this office units located?
The property is located at 425 Furys Ferry Road Martinez, GA.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: Corner position at Furys Ferry Road and Boller Road in Martinez, Georgia; New roof with 4‑inch insulation; Interior cleared for full renovation
