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    Versatile Commercial Property For Sale Title is generated by Realmo AI

    587 E Robinson Avenue, Grovetown, GA 30813

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    For Sale
    $275,000

    General commercial property with high visibility and accessibility.

    Type:Office
    Property size:
    1,419 SF
    Price / SF:
    $193/SF
    Added:
    Mar 28, 2024
    Days on Market:
    804
    Last Refresh:
    May 12 at 9:03 pm

    Property Features for 587 E Robinson Avenue

    General Information

    Standard status
    Active
    Size
    1,419 SF
    Property subtype
    Office

    Building Details

    Year Built
    1987

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    Listing Contact
    Rachel White

    Listing agent Rachel White

    Listing office Berkshire Hathaway HomeServices Beazley Realtors

    Listing date Mar 28, 2024

    Source Xome

    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 Berkshire Hathaway HomeServices Beazley Realtors

    HighLights

    • High‑visibility location on main thoroughfare near Fort Eisenhower and Gordon Hwy.
    • Zoned for general commercial use, suitable for various business ventures.
    • New roof and HVAC system less than 3 years old.
    • Ample square footage and existing infrastructure.
    • 15 parking spots available.
    • High traffic count (14,900).

    Overview

    This general commercial property is located on a main thoroughfare from Fort Eisenhower, approximately 0.7 miles from Gordon Highway. The property, formerly a veterinary clinic, is zoned for general commercial use and benefits from traffic counts of 14,900. It features a new roof and an HVAC system less than 3 years old. The property offers potential for businesses seeking high visibility and accessibility. The 1,419 square-foot property includes existing infrastructure and 15 parking spots. It is suitable for a medical office, retail space, or professional services. This property is located in the heart of a growing community.

    Local Financial Insights For Office B

    Simulate Cap Rate and NOI

    NOI Build-Up
    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.

    Component $ $/SF
    Gross rent $34.1k $24.00
    − Vacancy −$5.1k −$3.60
    EGI $28.9k $20.40
    − OpEx −$7.2k −$5.10
    NOI $21.7k $15.30
    1,419 SF · lease $24.00/SF/yr · vacancy 15.00% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $310.2K
    $271.4K – $361.9K (±1% cap)
    NOI $21,711 @ 7.0% cap · market cap 7.89%
    Second Best
    Healthcare Medical
    $295.4K
    $258.5K – $344.7K (±1% cap)
    NOI $20,679 @ 7.0% cap · market cap 7.52%
    Theoretical Best
    Office A
    $447.9K
    $391.9K – $522.5K (±1% cap)
    NOI $31,352 @ 7.0% cap · market cap 11.40%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Medical Office Space

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Grovetown
    County
    Columbia
    State
    Georgia
    Longitude
    -82.186325
    Latitude
    33.443328

    FAQs

    What type of property is this?
    Medical Office Space - General commercial property with high visibility and accessibility.
    Where is this medical office space located?
    The property is located at 587 E Robinson Avenue Grovetown, GA.
    What is the asking price?
    The asking price for this property is $275,000.
    What are key features of this property?
    This property features: High‑visibility location on main thoroughfare near Fort Eisenhower and Gordon Hwy.; Zoned for general commercial use, suitable for various business ventures.; New roof and HVAC system less than 3 years old.
    More about this property
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