Mixed-Use Office with
New
For Sale
$349,000
585 E Robinson Avenue, Grovetown, GA 30813
Commercial Sale, Grovetown, GA
Property Size1,881 SF
Lot Size0.45 Acres
Price / SF$185.54
Days on Market3
Property Features for 585 E Robinson Avenue
General Information
Property type
Commercial Sale
Property subtype
Office
Zoning
General Commerc
Parking
14
Parking features
Parking Lot, Off Street
Lot features
Level, Corner Lot, Landscaped, Cleared
Directions
From Gordon Highway, go north on East Robinson Avenue. The property will be on the right, at the corner of Selkirk Way.
Standard status
Active
APN
G18 007
Size
1,881 SF
Lot size
0.45 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
Lot 7
Tax Annual Amount
2961
Legal Description
Lot 7
Utilities
Sewer type
Public Sewer
Heating system
Forced Air, Electric (Heating)
Cooling system
Central Air
Water source
Public
Building Details
Year built
1987
Number of units
1
Flooring type
Carpet, Vinyl, Hardwood
Building materials
Vinyl Siding, Wood Frame
Roof type
Shingle
Listing Agency:
Newman Real Estate
Listed By:
R. Dean Newman · License #281453
(706) 339-4379
Added: Aug 27
Last Checked: Aug 29 at 3:06AM
MLS# 100599371
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.
Located at 585 E Robinson Avenue, this mixed-use property combines a professional office with an independently accessed upstairs apartment. The office contains approximately 1,881 square feet with a reception area, two large offices, a kitchen, and one bathroom. The apartment provides about 600 square feet, including a living room, two bedrooms, a kitchen, and a bathroom. Separate electric metering and a private side entrance support independent operation of the residential component.
The 0.45-acre corner lot offers a parking lot with 14 dedicated spaces and a prominent pole sign. The property is zoned General Commercial and benefits from public water and sewer, central air, forced-air electric heating, and a shingle roof installed approximately one year ago. East Robinson Avenue carries more than 15,000 vehicles per day. Fort Gordon Gate 6 is 2.3 miles away, while Interstate 20 is approximately 3.2 miles from the site.
The 0.45-acre corner lot offers a parking lot with 14 dedicated spaces and a prominent pole sign. The property is zoned General Commercial and benefits from public water and sewer, central air, forced-air electric heating, and a shingle roof installed approximately one year ago. East Robinson Avenue carries more than 15,000 vehicles per day. Fort Gordon Gate 6 is 2.3 miles away, while Interstate 20 is approximately 3.2 miles from the site.
Key Highlights
- Approximately 1,881 SF professional office with reception area, two offices, kitchen, and bathroom
- About 600 SF upstairs apartment with two bedrooms and separate side entrance
- Apartment electricity is separately metered from the office
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
$28,779
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
8.25%
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%
$575,580
$575.6K
Cap Rate 7%
$411,129
$411.1K
Cap Rate 9%
$319,767
$319.8K
Market Conditions
NOI Build-Up for 1,881 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
$45.1K $24.00/SF
− Vacancy
−$6.8K −$3.60/SF
EGI
$38.4K $20.40/SF
− OpEx
−$9.6K −$5.10/SF
NOI
$28.8K $15.30/SF
Area
Columbia County, GA
Vacancy
15.00%
Lease Rate
$24.00 /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%
$575,580
Cap Rate 7%
$411,129
Cap Rate 9%
$319,767
Alternative Uses
Best Use
Office B
$411.1K
$359.7K – $479.7K
NOI $28,779 @ 7.0% cap · market cap 8.25%
Second Best
Mixed Use
$326.5K
$285.7K – $380.9K
NOI $22,854 @ 7.0% cap · market cap 6.55%
Theoretical Best
Office A
$593.7K
$519.5K – $692.7K
NOI $41,560 @ 7.0% cap · market cap 11.91%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
1
Office units
1
Residential units
Single-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
151
Businesses Nearby
Explore this area
Business Placement
Demographics for 30813, GA
49,376
Population
18,626
Households
2.7
Avg Household Size
33
Median Age
31%
College-Educated
91%
High-School Grad
50.4 sq mi
ZIP Area
980
Density / Sq Mi
$83,890
Median Household Income
$49,871
Median Earnings
$1,404
Median Rent
$270,300
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?
Mixed-use property - Corner-lot property combines professional office space with a separately metered upstairs apartment and dedicated parking.
Where is this mixed-use property located?
The property is located at 585 E Robinson Avenue Grovetown, GA.
What is the asking price?
The asking price for this property is $349,000.
What are key features of this property?
This property features: Approximately 1,881 SF professional office with reception area, two offices, kitchen, and bathroom; About 600 SF upstairs apartment with two bedrooms and separate side entrance; Apartment electricity is separately metered from the office
