Corner Office
4362 Thurmond Road, Forest Park, GA 30297
For Sale
$575,000
Commercial Sale, Forest Park, GA
Property Size2,560 SF
Lot Size0.52 Acres
Price / SF$224.61
Days on Market190
Property Features for 4362 Thurmond Road
General Information
Property type
Property subtype
Parking features
Security features
Lot features
Directions
Standard status
APN
Size
Lot size
Taxes and HOA fees
Tax Year
Tax Annual Amount
Utilities
Utilities
Sewer type
Heating system
Cooling system
Water source
Building Details
Year built
Flooring type
Building materials
Roof type
Listing Agency:
Tara Properties, Inc.
(770) 954-0700
Listed By:
Danny Butler
(678) 300-3639
Added: May 7
Changed: Oct 16
Last Checked: Nov 12 at 3:06AM
MLS# 10764159
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 2,560-square-foot office building sits on a 0.522-acre corner parcel in Forest Park. Built in 1965, the property features block construction, concrete flooring, central heating, electric central air, a composition roof, and a parking lot. Public water and public sewer serve the site, with cable available.
The parcel provides 160 feet of frontage on Thurmond Road and 150 feet along Old Jonesboro Road. The building is currently used for a business serving grooming-equipment and pet-care product needs. The property is offered as-is, with the office-type building included in the sale.
The parcel provides 160 feet of frontage on Thurmond Road and 150 feet along Old Jonesboro Road. The building is currently used for a business serving grooming-equipment and pet-care product needs. The property is offered as-is, with the office-type building included in the sale.
Key Highlights
- 2,560‑square‑foot office building on a 0.522‑acre parcel
- 160 feet of frontage on Thurmond Road
- 150 feet of frontage on Old Jonesboro Road
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$34,281
Cap Rate
5.96%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$685,620
$685.6K
Cap Rate 7%
$489,729
$489.7K
Cap Rate 9%
$380,900
$380.9K
Market Conditions
NOI Build-Up for 2,560 SF
Gross rent
$61.1K $23.87/SF
− Vacancy
−$15.4K −$6.02/SF
EGI
$45.7K $17.85/SF
− OpEx
−$11.4K −$4.46/SF
NOI
$34.3K $13.39/SF
Area
Clayton 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%
$685,620
Cap Rate 7%
$489,729
Cap Rate 9%
$380,900
Alternative Uses
Best Use
Office B
$489.7K
$428.5K – $571.4K
NOI $34,281 @ 7.0% cap · market cap 5.96%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$715.6K
$626.2K – $834.9K
NOI $50,093 @ 7.0% cap · market cap 8.71%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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See the owner, sales and loan history
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Current Use
Lease Details
Single-tenant
Tenancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
552
Businesses Nearby
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Business Placement
Demographics for 30297, GA
29,669
Population
11,438
Households
2.6
Avg Household Size
33
Median Age
13%
College-Educated
75%
High-School Grad
11.0 sq mi
ZIP Area
2,697
Density / Sq Mi
$45,975
Median Household Income
$34,330
Median Earnings
$1,144
Median Rent
$121,400
Median Home Value
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Market
Average Price Trend$/SF for Office buildings in Clayton County, GA
Properties on Market for Office buildings in Clayton County
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office building - Block office building on a corner lot with exposure along multiple sides and a dedicated parking lot.
Where is this office building located?
The property is located at 4362 Thurmond Road Forest Park, GA.
What is the asking price?
The asking price for this property is $575,000.
What are key features of this property?
This property features: 2,560‑square‑foot office building on a 0.522‑acre parcel; 160 feet of frontage on Thurmond Road; 150 feet of frontage on Old Jonesboro Road
